The Glitzkoin

Glitzkoin aims to build trust throughout the supply chain from the mineral resource source to the consumer, through the use of solutions based on blockchain technology that will allow companies to become more transparent in terms of processing their own products. This includes covering everything that is related to the impact of mining on the environment. Dealers are encouraged to provide detailed information on the origin of diamonds, work practices used in cutting and grinding. Tracking the origin of diamonds shows how the application of this technology can fundamentally change the way diamonds are traded. The origin of diamonds is often endangered by stones of controversial quality and counterfeit certificates.
Glitzkoin blockchain of tracking and control is a permanent, digital global registry that tracks and protects diamonds and other precious stones throughout their life journey. Potential clients are banks, insurance companies and certification agencies. Technical solutions for authentication can be used with great benefit by banks, insurance companies, law enforcement agencies and even the owners themselves, who want to have confidence in the source of their assets.
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, Glitzkoin will soon move on to other precious stones. blockchain-Certified Diamonds tracking technology records the characteristics and origin of each stone. This important information is available to anyone who wants to authenticate a particular diamond, which prevents theft. Buyers will show a greater preference for diamonds that have been inspected. In addition to polishing diamonds, the Glitzkoin platform will make it possible to track the stone throughout the entire chain of the route. Digital certification and certification using specially developed smart contracts ensures transparency and authenticity of diamonds traded globally. This protects the origin of such high-value assets as diamonds. It also facilitates trading without trust on global marketplaces, reducing risk and countering theft, illegal traffic and scam. The diamond industry, from extraction to the stage of faceting and grinding, faces many problems. Unfair labor practices, environmental degradation, financing of violence in parts of Africa are all traces that can lead to the diamond industry. Glitzkoin-the configuration of the blockchain platform enhances transparency in the diamond supply chain. This is a long way to solve the problems mentioned above.

One of the most interesting and innovative types of trading that will be offered by the Glitzkoin platform is the option "Equity investment". After registering the diamond on the exchange, its owner will be able to sell the stone, both on single and multiple smart contracts. The option "Multiple Diamond Contracts" will create multiple smart contracts that will indicate partial ownership of the diamond. This function, for the first time, will allow retail customers to invest in high-value diamonds, which are usually a speculative and volatile segment of the polished diamond market.
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 - a worthy partner of the Stellar community, is committed to open cooperation, working together with the brightest minds of the blockchain space.

Glitzkoin is an ecosystem - a set of disparate services performed in tandem, for the acquisition of a solid experience by diamond traders, buyers, sellers and other shareholders. It also allows developers to create innovative applications.
Glitzkoin creates a global digital journal that tracks and protects valuable assets throughout their lives. Glitzkoin collects data on the characteristics of assets, their history, owners, in order to constantly create records on the blockchain. Such a digital incarnation or route map is used by different shareholders throughout the supply chain to form a history of origin, possession and authentication.
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