Glitzkoin-blockchain integration into the diamond industry

The contemporary technologies and the vast majority of cryptocurrencies had significantly change the modern world in the way of innovativeness and the diamond industry is not an exception in that case. Despite some measures and efforts, as well as the stages of work in this area, no modern platform based on a blockchain technology completely solves the problems that arise in this industry.https://www.glitzkoin.com/

There was a lack of transparency, scalability, and fairness of the data and whole process of trading diamonds. These stages should have been created many decades before the emergence of digital currencies but that didn't happen. There is also a need for interaction between the all parties in the diamond mining process, with their polishing and further selling.

Glitzkoin strives to introduce the key features and capabilities of the gemstones industry into the world of modern digital technologies, which will be combined with useful and multifunctional blockchain technology.

According to the official documents of the platform, the project vision is to create a transparent ecosystem for the diamond industry, where all the goods (diamonds) will be available for sale, and the data on the completed transaction will become as transparent and accessible as possible for all users.

Glitzkoin is a world-class start-up that aims to use the best of the contemporary technologies, including blockchain that was mentioned above, smart contracts, some types machine learning and artificial intelligence in order to reduce the risk of fraudulent activities in the diamond (including other gemstones) industry.

The team of developers states that have launched a scalable and fair ecosystem for the trading of gemstones based on the blockchain, which allow you to track transaction data, verify the certification of the diamonds, and cooperate with other users at the decentralized stock exchange for both selling stones and ordering other related services.

This platform is the first international platform in recent years that covers the activities of the diamond and other gemstones industry. This platform is able to provide quick access to the market for new or existing buyers to interact with sellers around the world.

The Glitzkoin provides the high functionality of the given technologies, which in turn determines the best trading strategies for both parties involving in the process of trading diamonds. All records with small details are stored in an environment which is protected from unauthorized access.

The types of users

This platform is solving the issues of the following users:

- mining companies;

- sellers and buyers;

- certification centers;

- gemstone polish experts.

Pros of using Glitzkoin:

1. You don't need to use a middleman. The maximum level of trust between the seller and the buyer allows this platform seeks not to use intermediaries and brokers during all transactions.

2. Secure data storage. All transactional data will be stored in a decentralized storage, which means that it is impossible to forge or hack them. All user data will be reliably protected in the system.

3. Anti-fraud activity. Glitzkoin does not allow us to think about the safety of user data when making transactions within the ecosystem thanks to the modern technologies and well thought-out protection algorithms.

For more detailed information about the project and the terms of participation, I recommend to visit the links below:

☑️ Link to the project: https://www.glitzkoin.com/

☑️ White paper: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf

☑️Telegram: https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA

☑️Facebook: https://www.facebook.com/GlitzKoin-193241214767377/

Author:https://bitcointalk.org/index.php?action=profile;u=1047035