The Glitzkoin

Glitzkoin is not just another blockchain, our team consists of professionals from the diamond industry, technical experts from blockchain-technologies and crypto-currencies. 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, we make it easier and more efficient to execute transactions.
Glitzkoin, combining privacy, accessibility and security creates ready-made enterprise applications. The current blockchain-technology does not meet the needs of the industry, as transaction data is completely open, and network security is often uncertain.
Glitzkoin is a global start-up project using the best technologies, including blockchain, as well as smart contracts and machine training, which reduce various risks of banking operations, the project provides reliable open sites for trade in diamonds and precious stones. Glitzkoin provides the entire ecosystem for use in the diamond industry, from solutions in the supply chain, tracking and certification of diamonds, and ending with the decentralization of exchangers for the trade in diamonds and diamonds and the use of related services.
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 decentralized Glitzkoin exchange, using its own machine learning algorithms, is created to ensure transparency and understandability of diamond operations in world markets. The exchange includes three main elements: the composite index of the precious stone, which characterizes the hemological perfection of the diamond; a parallel composite index indicating the category of diamond rarity and composite indices, giving potential traders the direction of the diamond market. Characteristics of diamonds and diamonds are uploaded to the exchange after registration through our tracking and monitoring journal, and are classified by category. The exchange is designed to integrate the technology of an artificial neural network using all the data available on the stone.
Smart contracts are protocols of a kind of "orchestration and choreography", facilitating, verifying and interacting with computer facilities, a contractual agreement between the parties. The latter, entering into a binding agreement, place applications using smart contracts to connect to certain services and functions, for example, a trading P2P platform. Several projects offer tokenization of asset classes representing asset-based crypto currency. Glitzkoin is not a tokenizer of diamonds, Glitzkoin is a utility token used for a decentralized blockchain - an eco-system for the diamond industry.

Glitzkoin is focused on building an open blockchain-an ecosystem in the diamond industry, where it would be possible to manage and coordinate all trade in diamonds.
Glitzkoin carries out the functions of a global exchange, focused on bridging the gap between the traditional diamond industry and innovative financial markets, led by crypto-currencies. Having extensive knowledge in the industry, we are aiming at radical changes - to enable people to invest in diamonds as in any other financial assets and to carry out the liquidation of assets in a transparent and safe environment. The Glitzkoin Diamond Exchange gives everyone the opportunity to invest in individual diamonds, shares of precious stones or shares in a basket of diamonds, like ETF.
The task of Glitzkoin is to carry out transactions quickly and without trust. This inspires confidence in both the seller and the buyer, creating a tough and active platform that successfully functions on the healthy interaction of all shareholders.
Glitzkoin has built a system of innovative solutions in markets where the origin of assets is of great importance, and transparency of operations is the key to trade ethics. Starting with the diamond industry, we will soon move on to other precious stones.
Below you will find useful information on the links:
website https://www.glitzkoin.com/
whitepaper https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf