Glitzkoin The Blockchain-Based Marketplace for Diamond Purchases and Sales.
Hello friends to learn a little more about our minerals I bring you a good project on a gemstone and is that the diamond is a shining jewel. Not only does it have great economic value, but it also plays an excellent role in showing the leverage of each one, that's why now more and more people want to have it. In this highly developed society, buying diamonds is no longer a difficult task. Many people buy diamonds as gifts for family, friends or wear them as luxury jewelry. However, the distinction between real and fake diamonds is not simple.
Glitzkoin is an innovative platform that aims to use an innovative and broad marketplace based on blockchain technology to market diamonds, a smart contract to support transactions and automated learning technologies to support and reduce risk for banks, insurance companies and the diamond industry markets. The platform combines the best technologies of the diamond industry with advanced blockchain technology.
Characteristics
Supply Chain Management
A global business platform that uses blockchain technology to improve transportation cost, lack of visibility and inefficiencies with paper-based processes. Connects all mining company stakeholders with retail customers.
Global diamond tracking and tracing
Tracking based on block chains for certified diamonds
A record of attributes, origin and history of each diamond
Prevent theft by authenticating and tracking the diamond
Tracking stones along your value-added journey
Market Place
Facilitate unreliable transactions between diamond dealers
Allowing anyone to buy and sell diamonds
Provide ancillary services, such as shipping and insurance of diamonds by external suppliers
Dramatically reduce the time required for commercial transaction agreements
Problem
The diamond industry, in turn, is not as shiny and transparent as diamonds. Many problems plagued the well-established industry, especially with regard to its efficiency and transparency. Today, the diamond industry is about to be disrupted by the most popular and promoted technology currently under development, blockchain technology, which is currently worth over $79 billion annually. as one of the most valuable natural resources available on earth, diamonds have gone through long and complicated steps (from the exploration phase to the retail phase) before reaching the end users.
Solution
Incorporating the latest blockchain technology into the diamond industry supply chain, with GLITZKOIN a blockchain and crypto currency ecosystem that allows everyone, from the diamond trader to the new investor, to buy, sell, collect and own diamonds in the key presser.... GLITZKOIN will create a global digital book, which will invest the ending in the final history and value of the asset. With GLITZKOIN, the traditional diamond bag is being transformed into a virtual diamond marketplace, the fingerprint that the wall can access and benefit from.
Decentralised with a smart contract reflecting the type of financial offer, a one-off diamond sale or a shared investment in high-value diamonds and, at the request of the user GLITZKOIN, the asset is handed over to his security custodian, or if he wants physical possession of the diamond, he sent it to the owner. The transaction confirmation time there or five seconds. The fee of one cent per thirty-nine transactions compared to the transaction time of two minutes to one hour and the fee of $1.13 to $18 per transaction in other blocked transactions.
Benefits
Cutting out the middleman
Establish direct trust between buyer and seller by eliminating brokers and intermediaries.
Decentralized record storage
The paperless records and attributes of each diamond are stored securely in the block chain.
Eliminating fraud
There is no possibility of product misrepresentation and fraudulent transactions.
No cross stitching border transactions
Allow international transactions by eliminating currency conversions and other bank fees.
Objectives
Integration of the Latest Blocking Technology into the Industrial Supply Chain
- A global trading platform that uses blockchain technology to increase transportation costs, lack of visibility and inefficiency with paper-based processes
- Connect all shareholders of the mining company with retail customers.
Diamond Track and Trace
- Tracking chain blocks for certified diamonds
- Consider the attributes, origin and history of each diamond
- Theft prevention by authenticating and tracking diamonds
- Tracking rocks along their value-added journey.
Decentralized Market for the Diamond Trade
- Facilitate unreliable transactions between diamond dealers
- Allowing anyone to buy and sell diamonds
- Provide ancillary services, such as shipping and insurance of diamonds by external suppliers
- Dramatically reduce the time required for commercial transaction agreements
Route Map
4T 2017
Initial Spark followed by Background Research
Development of initial concepts and dissemination of the diamond industry
Initial white paper and design prototypes
Q1 2018
Scope of the Glitzkoin project, token case design and symbolic economy
Principal Founding Team on Board
Company in stealth mode, company registered in Estonia
Cover and white paper project, Technical architecture
Official launch of the website
Launch of Token pre-sales
Q2 2018
Launch of public token sales
Completion of token sales and token distribution
GlitzKoin Diamond Exchange Development
Start GlitzKoin Global Marketing Effort
Q3 2018
List of GLT tokens in Crypto Exchanges
Diamond Exchange Platform Beta Testing
Development of the Global Diamond Tracking and Tracing System
Q4 2018
Decentralized exchange deployment
Global deployment of the diamond tracking and tracing system
Correction of errors and improvements in the implemented system
Q1 2019
Add more features / tools to GlitzKoin Diamond Exchange
Continuous marketing to increase awareness of GlitzKoin
Token
Token symbol: GLT
ICO period: ongoing until 25 June 2018
Price: 1 GLT = 0.2 USD
SoftCap: 10,000,000 USD
HardCap: 40,000,000 USD
Team
Olga Rosina Diamond Specialist
Shashank Agarwal Chief Technology Officer
Sofia Fischer Head of Marketing
Lila Hussain Head of Business Development
Fact'Alia Hm Jally Pr And Media Relations
Dinesshwaran Yoogan Marketing Director
Important Links
Author
User: Criptosistemas
Profile: bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1425520
Wallet: 0x10aF61e98fB8264d9dc653a32D60319591B303bf
E-mail: [email protected]
Telegram: criptosistema
Go here https://steemit.com/@a-a-a to get your post resteemed to over 72,000 followers.
GLITZKOIN is not just another block chain, our team is made up of diamond industry professionals and experts in the technical field related to blockchains and cryptocurrencies. Our blockchain property has privacy options configured specifically for the diamond industry. We ensure transparency by developing public and private blockchains to achieve a hybrid technical model. This combines the best of both worlds; the high security of public blockchain is combined with the controls allowed in private blockchains, this allows us to better serve the industry.