GlitzKoin: The Decentralized Diamond Industry.

in #ico6 years ago (edited)

The world has seen many disruptions and welcome new inventions that have changed most traditional ways of processing things one of which that is trending is cryptocurrency.

Cryptocurrency is a new type of invention that is booming steadily and is taking over the blockchain technology, and have made businesses and companies to be interested in blockchain technology. Blockchain technology has caused many disruptions such as

  1. The facilitation of online payments making transactions to be encrypted and processed in a decentralised network .

  2. Blockchain technology platforms are scalable in all ramifications.

  3. Offered high form of security thus creatOMG difficulty for hackers to bypass the security of most platform that utilizes it.

Businesses that need transparency and trust in their ecosystem are benefiting from the unchangeable public visible digital ledger that blockchain renders.
Due to the advantages of blockchain technology many businesses have start testing ways of utilizing the blockchain technology, for example Glitzkoin has explored and seen the potentials of utilizing blockchain technology in the diamond industry as a means of developing a better ecosystem.img_5a9eafb842cec2.56380910_rtretr.jpg
WHAT IS GLITZKOIN
Glitzkoin is a highly blockchain based platform that aims to facilitate, regulate and develop an easy better ecosystem for diamond trading. They wish to bring transparency and create an efficient platform were there are no flaws of operating. The diamond industry are undergoing some challenges because they lack effective technology to carry out their operation. As we know diamond is one of the most expensive natural resources and its very difficult to see, it is widely know for its properties such as, its cubic crystalline structure, thermal conductivity ,one of the hardest resources in the world and easily notice because of it's shinning appearance.
with the properties mentioned, one must understand that truly diamonds are precious and as such needs a better place for it to be traded. Glitzkoin aims to grant individual with the ability of liquidating their assets and will introduce equipment and services that will mak the diamond ecosystem unique and solve existing problems by developing of

  1. Decentralised marketplace : Glitzkoin will develop a platform were investors can buy their diamonds directly from sellers thus there won't be any need for a middleman .
  2. The provision of full delivery chain for monitoring and certification of diamond is initiated.
  3. Global tracking and trace: with the help of blockchain technology glitzkoin will develop a digital ledger that will track and protect every valuable assets, and records will be protected from any form of cyber attacks because it will be stored on blockchain.
  4. Glitzkoin Token : The platform will have their own token called GLT, it will be used for payment and all internal services in the glitzkoin ecosystem.
    GLITZKOIN ECOSYSTEM

The ecosystem will be seamless and offer additional features to make it unique in all ramifications these services include

  1. Glitzkoin API: This will enable third party applications to utilize the services of glitzkoin.

  2. Glitzkoin merit engine : This will work as form of loyalty reward system and will reward users based on their merit scores.

3.Glitzkoin wallet: investors will have a safe place to validate, manage, facilitate and stored their asset as well as protecting these assets from cyber theft.
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Team
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The emergence of a platform such as Glitzkoin is quite amazing , I believe the project will stand out, because it has a real use and a good product, for more information please follow the links below.
Join the Telegram Group: https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA

Follow on Twitter: https://twitter.com/GlitzkoinToken

Follow on Facebook: https://www.facebook.com/GlitzKoin-193241214767377/

Follow on Medium: https://medium.com/glitzkoin

Website: https://www.glitzkoin.com/

Whitepaper: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=3355944.0

Bitcointalk username : chosen one

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1214784

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