GLITZKOIN- Blockchain based diamond trading ecosystem

coinaddic4real (38)in #ico • 6 years ago (edited)

The spontaneous rise of cryptocurrency has brought lot of awareness to blockchain technology, thus making businesses to utilize blockchain technology because of it's use case.

However, almost all sector of businesses have utilize blockchain technology such as e-commerce, auto mobile and medical. So it seems there aren't any new adoption left, just same upcoming projects trying to make a difference. But the project am gonna share with you guys today is different and I think they are quite genuine because they have a real use case and i have done thorough research on them and see no red flag.
INTRODUCING GLITZKOIN
Glitzkoin is a highly advanced blockchain based project that aims to facilitate and reduce fraud in the diamond industry. They wish to use blockchain technology to provide a seamless platform for easy and transparent trading of diamond.

The diamond trading industry lacks technology for certain operations such as an efficient and accurate means of recording transactions, their security is not that strong and as such attracts fraudsters but with the integration of blockchain technology many of the problems revolving round the diamond ecosystem will be solved. The aim is to make it decentralized thus giving users the privacy and scalability needed, users will have access to control their funds as well as their personal data.
FEATURES OF GLITZKOIN img_5a9eafb842cec2.56380910_rtretr.jpg

Decentralised Exchange- Glitzcoin aims to include the use of digital currencies, thus giving investors the opportunity to liquidate their diamonds, users can use glitzKoin token to pay for the diamonds purchased, thus getting rid of costly bank charges and middleman as well as losses due to currency conversion.
Use of smart contracts - The use of smart contracts is integrated for recording and validating of transactions for easy reference if need arises, investors will have access to history and value of the Diamond sold.
SECURITY/FEES - As glitzcoin utilizes blockchain technology in developing the platform it will be well secured, and will be difficult for hackers to gain access to one's account. Transaction fee will be extremely low compare to traditional fees and will take little time for transactions to be confirmed.

Furthermore glitzcoin platform is not that complex to understand, it is user friendly and does not require any special knowledge for one to understand it , investors can buy any listed diamond directly, thus the need for a middleman is eliminated. Unlike most platform that uses Ethereum blockchain, glitzkoin will utilize Stellar blockchain, because of it's network and wish to grow and develop with stellar blockchain.
TOKEN DETAILS
Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP) and Stellar (XLM) are accepted as mode of payment for GLITZKOIN Token and the token is denoted by the name (GLT), the cost for one GLT is equivalent to 0.2$.
TOKEN ALLOCATION

TEAM

ADVISORS

CONCLUSIVE THOUGHT
Glitzkoin seeks to establish a blockchain based open ecosystem for diamond investors, and are going to implement the use of cryptocurrency for easy liquidation of diamond as well as setting an efficient trading platform for direct buying of diamonds, I believe this is a great project and will do very well, the teams are experienced and seams capable of handling the project, GlizKoin is also protected on federated byzantine agreement system. You can refer to the links below for more information and a wider picture of the benefits glitzkoin platform.
Join the Telegram Group: https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA