ICO Glitzkoin

Diamonds are one of the world's main natural resources, especially characteristic of Africa. Annually, rough diamonds are produced for approximately $ 15 billion, of which the African continent accounts for about $ 8.5 billion (approximately 65%). The diamond industry employs about ten million people around the world, directly or indirectly engaged in a wide range of activities: from extraction and ending with retail trade. World diamond jewelry sales continue to grow, they have tripled in the past twenty-five years, and now total more than $ 79 billion annually.
Glitzkoin is not just another blockchain, our team consists of professionals from the diamond industry, technical experts from blockchain technologies and crypto currency. In the diamond industry, there are many shareholders, ranging from mining companies and including companies engaged in diamond polishing, certification bodies, retailers and consumers. By collecting all shareholders on one platform, Glitzkoin makes it easier and more efficient to execute transactions. Their own blockchain has privacy options specifically set to work in the diamond industry. Glitzkoin provides transparency of operations, using both public and private blockchain to obtain a hybrid technical model. Here, the best of the two worlds is combined; The high level of security of the public blockchain is combined with the controlled private blockchain, which allows us to better serve the industry.
There is no doubt that the introduction of Glitzkoin will expand the boundaries of the diamond market. Increased recognition of the goods and the use of crypto currency will help diamond and diamond dealers to increase market share at all levels. At the same time, the transparency of operations and the authentication of diamonds inspire confidence, both to professionals and to newcomers who buy diamonds. The absence of intermediaries, the reduction of transport and associated costs will ensure a high level of price competition.
The global trading platform, using blockchain technology, is aimed at improving the cost of transportation, increasing the recognition of goods and reducing the traditionally ineffective paperwork. Binding among themselves all shareholders of mining companies and retailers.

Blockchain and crypto currency technology is changing our world, and the diamond industry is no exception. Despite the existing attempts, the blockchain ecosystem, wholly oriented to the diamond industry and solving various problems faced by the industry, has not yet been created. Many decades ago, in the diamond industry, there was a need for transparency in operations, their visual accessibility, and objective conduct of business. Business contacts on the type of "client-client" in the process of processing diamonds, their purchase or sale narrowed the market. Glitzkoin is focused on the process of integrating the best, taken from the traditional diamond industry with computer utilities and the functionality of the most modern blockchain technologies.
Glitzkoin, combining privacy, accessibility and security creates ready-made enterprise applications. The current blocking technology does not meet the needs of the industry, as the transaction data is completely open, and network security is often uncertain.
CONFIDENTIALITY Glitzkoin uses zk-snarks and bulletproofs technology to ensure complete transaction confidentiality, which means that transaction information and trade secrets remain encrypted and incomprehensible to competitors.
CONVENIENCE Glitzkoin's technical solutions are seamlessly integrated into the business process and applications. Companies or users do not need technical knowledge.
NETWORK IDENTITY AND SECURITY The Glitzkoin supply chain is completely secure and is based on a federated "Byzantine agreement" for launching a network management protocol and eliminating unscrupulous players.
DATA FOR PAST TIME Safe records of data from the past, information about transactions allow suppliers to prove their reliability to customers and rating agencies.
THIRD-PARTY APPLICATIONS Glitzkoin allows companies to quickly create customized continuous supply chain applications with data confidentiality.
All necessary links for this ICO:
website https://www.glitzkoin.com/
whitepaper https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf