The diamond industry has always had a huge potential, the economy of many countries rests on the diamond industry. And as we have long known, diamond is one of the most durable natural materials and is required in any industry. But even this industry has very big disadvantages, which bring great losses. 

 

The biggest problem in this business, the buyer does not know the seller and Vice versa, that is, they work blind, hoping only for a mediator, and work through intermediaries as practice shows do not work effectively. The price that the intermediary tells the buyer, too, no one knows, and as practice shows, intermediaries often overstate the price, in the end, there is a stagnation of the market. Another very big problem is fraud, which in this case is quite rare. For all the Executive documents and their storage, the mediator is also responsible, which gives him the opportunity to just overstate the price of the list of many works. The diamond market is a very heavy and hidden industry in which it is very difficult to assess the list of works such as mining and processing, and the price list does not actually exist. And GlitzKoin wants to make a number of changes that can make this kind of profitable business even more profitable.

 

GlitzKoin is the integration of the latest technology of the blockchain in the supply chain of the diamond industry. 

 

The biggest advantage is the absence of intermediaries, which will significantly reduce the price, and will open the horizon for new customers. After all, we will not know for sure how ineffective the mediators were in this chain, but we know that excluding them will be beneficial for everyone. Thus, this business will be able to attract new investors. 

How it will work: 

The second big plus will be full transparency, which is necessary for this business. Blockchain will also allow you to save information about each transaction, and smart contracts will save time. And thanks to centralized storage, no one can fake or delete information about the sale or transaction. The same advantage will be the absence of fraudsters, which will allow the buyer to have no doubt in his supplier. And thanks to GlitzKoin you can buy the product in another country, without currency conversion and other banking operations. In fact, you find yourself on the stock market, which will be able to see offers from many mining diamond products approved by experts. All transactions within the market will be made using the GLT token. There is no such product yet, and the purchase of such material as diamond is an impossible purchase for many. This reduces the number of investors in diamond products.

 

  

This project would not exist without their strong team. One of the main factors of successful implementation of the platform is the project team and its advisors. The team is made up of real professionals who have not just launched the platform, but have given the business a chance to develop, and are not afraid for the safety of information. And the most important factor of successful implementation was the introduction of blockchain technologies, which allowed to find good inverters and consolidate the result. The project team shows the highest level of work, and their knowledge helps not only to use the blockchain system but also to make significant improvements, raising the system to a new level. And the speed with which the company is approaching Hard Cap, also proves that the company has become the choice of many investors. 

 

The head of the company is the Director 

NAVNEET GOENKA 

The undisputed leader, a man whose family has worked all his life in the diamond industry, and who certainly knows how to improve this industry. 

LILA HUSSAIN 

Head of Business Development 

he has 23 years of experience in financial, strategic and operational leadership. 

SHAWSHANK AGARWAL 

Head of Technology 

is a blockchain technology expert, his extensive experience covers business across the UK, UAE, and India.

 OLGA ROSINA 

Diamond Specialist 

She has worked for more than 20 years for Russian diamond companies like Alrosa and Gokhran, has a diploma in nuclear power engineering, and is a master in management and computer science. There are also a lot of outstanding people in the team that you can read about on the site.

 

The team works strictly according to the road map, which also demonstrates their professionalism and punctuality!

  

Details ICO:

 

TOKEN DETAILS: 

We accept Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP) and Stellar (XLM) as the mode of payment for GLITZKOIN Token purchases. The base purchase sum is 100 USD if the installment is made through any of these Crypto Currencies — Bitcoin (BTC), Ether (ETH) and Stellar (XLM). For installment made through Bank Transfer, the base purchase sum is 10,000 USD. 

• Token: GLT 
• Cost: 1 GLT = 0.2 USD 
• Accepting: ETH, XLM, BTC 
• Min investment: 100 USD 
• Soft cap: 10,000,000 USD 
• Hard cap: 40,000,000 USD 

Conclusion: 

At the moment, there is no trust in the diamond business, and many investors do not want to invest in this business because of the lack of stability, but the company GlitzKoin will be able to easily settle all this, giving investors confidence and transparency but at the same time keep confidentiality. By eliminating intermediaries in this business, the company will raise profits for all other market participants. Their popularity is just a matter of time, as is the growth of their GLT token.

 

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This publication is informational in nature. The article should not be seen as an investment recommendation or advice. Readers of this review article must make decisions based on their own judgments, taking into account financial circumstances, investment objectives and the risk limit before investing funds.