GLITZKOIN PIONEERING THE DIAMOND BLOCKCHAIN

What is GlitzKoin??

Integrating the latest blockchain tecknology into the diamond industry supply chain.
Changing the landscape of the $90 billion Diamond Industry,one diamond at a time.

Diamonds are all about glitter, glamor and prestige, they symbolize luxury and opulence. Transactions in the diamond industry are made through personal contact, the parties involved try to assess each other and move ahead to the business process. It is rightly said that you should value the diamonds dealer before valuing his diamonds. And even after applying the most diligent evaluation, there is ample scope for guesswork and misconceptions. GLITSKOIN has been initiated to bring transparency and simplicty to the diamond industry. It integrates the conventional diamond industry with the latest decentralized intenet value system. Evaluations and assessments wil no loger bedone by guesses and hunches

GLITZKOIN seeks to transform the diamond industry by diminishing barriers, increasing coordination, and instilling trust in cross-border transactions for the diamond industry.

Benefits of GlitzKoin

Cutting out the middleman
Establishing trust directly between buyer and seller by removing brokers and middlemen.

Decentralised storage of records
Paperless records and attributes of each diamond are securely stored one the blockchain.

Eliminating Fraud
No chance of product misrepresentation,and fraudulent transactions.

Seamless cross border transactions
Enabling international transactions by removing currency conversions and other bank fees.

Objectives and Functionality

INTEGRATING THE LATEST BLOCKCHAIN TECHNOLOGY INTO THE DIAMOND INDUSTRY SUPPLY CHAIN
A global trade platform using blockchain technology aimed at improving the cost of transportation lack of visibility and inefficiencies with paper-based processes
Connecting all stake holders from Mining companies to Retail customers

DIAMOND TRACK AND TRACE
Block chain based tracking for certified diamonds a record of attributes, origin and tracking the diamond track stones all through their value added journey

DECENTRALIZED MARKET PLACE FOR TRADE IN DIAMONDS
Facilitate trustless transactions between diamond traders allowing anyone to buy and sell diamonds
Facilitate ancillary services like shipping and insurance for diamonds fulfilled by third party providers drastically cut the time required for trade transaction settlements

Glitzkoin combines privacy,accessibility,and security to create enterprise-ready applications. Current blockchain technology does not meet industry needs as the Transaction data is completely public and network security is often uncertain.

• PRIVACY
  GLITZKOIN uses zk-snarks and bulletproofs to keep transaction data completely private, which means transaction data and trade secrets remain encryted and obscured from competitors.

• USER FRIENDLY
  GLITZKOIN solutytions will seamlessly integrate into existing business processes and applications. No technical knowledge is required for companies or users.

• IDENTITY & NETWORK SECURITY
  GLITZKOIN's supply chain is completely secure and based on the federated byzantine agreement system to run network governance protocol and eliminate bad actors

• HISTORICAL RECORDS
  Securely record historical data and transactions allowing suppliers to prove their reliability to buyers and rating institutions.

• THIRD PARTY APPLICATIONS
  GLITZKOIN enables companies to quickly bulid customized,end-to-end, supply chain applications with data privacy.

Open Ecosystem

Connect jewelry stores, connect RapNet and IDEX, Connect Mining & Polishing companies etc A Pls.

• STELLAR PARTNERSHIP
  GLITZKOIN is a proud contributor of the Stellar community, committed to advancing open source collaboration and working alongside the brightest minds in the blockchain space.

• THE GLITZKOIN OPEN ECOSYSTEM
  The GLITZKOIN Ecosystem is a collection of decoupled servies which run in tandem to provide a seamless experience for diamond traders, buyers, sellers and other stakeholders. It also allows developers to bulid new and innovative applications.

GLITZKOIN Wallet
The coin management platform helps users and developers view coin balances, transaction history and even subscription contracts. Developers can also see cumulative payments and other user specific information.

GLITZKOIN API
The GLITZKOIN API plays a pivotal role in GLITZKOIN. The API can be used to access the various services offered by GLITZKOIN. Developers are responsible to implement the GLITZKOIN API within their site or mobile app.

GLITZKOIN Merit Engine
Once the ICO is completed, the EME kicks in. It is a fair pre-decided mechanism which decides when and how to reward coins to the community.

Website : https://www.glitzkoin.com
Whitepaper: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3534822.0;all
Telegram: https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA
Facebook: https://www.facebook.com/GlitzKoin-193241214767377/

Username Bitcointalk : keyarnellyta
Bitcointalk Profil : https://bitcointalk.org/index.php?action=profile;u=1697816
My eth : 0xe83da3c98CA022023c071859B2Ad53F9a0B53936