Glitzkoin : An Innovative way of Buying Diamonds Online, with Ease

pram001 (25)in #ico • 6 years ago

When we Buy diamonds online, it's often we are seduced by the glamorous website with nice pictures and well made content. Unfortunately, this mode of selling and buying diamonds online has its disadvantages. The buyer is generally not directly connected to the seller and doubts exist regarding the quality of the diamonds offered, so the diamond's appearances in the web will likely a misleading one since they do not represent the real condition of diamonds they bought, not minding the complicated supply chain of diamond industry makes diamonds prone to counterfeiting and forgery.

Glitzkoin is now poised to change all that with the introduction, of a diamond blockchain based marketplace that infused with the latest technology. Online diamond buyers would get directly connected to diamond sellers, no middlemen and no inflated prices. Everybody from all over the world could join the marketplace anytime with single cryptocurrency called Glitzkoin as a mode of payment. Glitzkoin, as a cryptocurrency that is solely accepted as a mode of payment in the decentralized diamond marketplace has several benefits. No more expensive bank fees and complicated currency conversions to deal with. A diamond listed by a seller from any part of the globe, could be purchased from just about any geographical location.

Sellers would list diamonds certified by reputed diamond testing laboratories. Complete information related to each diamond would be loaded on the blockchain. Data once entered would form a permanent record. Simply put, no one could edit a record that has been entered. This environment to facilitate online diamond buying, has never before been available to diamond buyers and guarantee the authenticity of every diamond that sold in the decentralized Glitzkoin marketplace.

With the absence of conventional brokers, the actual price quoted by the seller will be clearly visible to every prospective buyer. The diamond trade has for decades functioned with the help of multiple brokers in the supply chain. Brokerage charges and commissions, cloak the initial price quoted by the seller. This also leads to the very fast settlement of transactions since many intermediaries are ruled out.

There are a number of essential services required to complete an online diamond purchase. Besides a reliable online payment system, there would be a requirement for services like insurance and shipping. The broader scope of the Glitzkoin platform, would bring these services on to the same platform. This is something that will work to the advantage of the buyer and seller.

A strong technical team paired with an unmatched expertise in all aspects of the diamond industry, ensure that the Glitzkoin project will set the superior standards expected of a state-of- the-art online diamond trading platform, powered by stellar blockchain technology.

Please visit https://www.glitzkoin.com/ to invest now !

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