GlitzKoin - Pioneered Blockchain Diamonds
GLITZKOIN is not just a chain block, our team consists of professionals from the diamond industry and technical experts associated with blockchain and cryptocurrency. Our blockchain property has privacy options configured specifically for the diamond industry. We ensure transparency through the development of public and private blockchain to achieve hybrid technical models. It combines the best of both worlds; The high security of public blockchain combined with the controls allowed in private blockchain, this allows us to serve the industry better.
The GLITZKOIN project provides a very useful distribution chain, which provides a mutually beneficial trading platform for buyers and sellers of diamonds. Detailed records are stored in a hand-focused environment. Backed by our cryptocurrency, we are ready to set new and higher standards for diamond trading.
Blockchain technology and Crypto currency change the world and the industry Diamond is no exception. Despite several new-born efforts, no blockchain ecosystem that focuses on the diamond industry has been designed that covers a variety of problems faced by the industry.
The need for transparency, visibility and objectivity in the diamond industry was felt several decades ago. The need for person-to-person contact when processing diamond purchases or sales limits the size of the market. GLITZKOIN focuses on integrating the best features of the conventional diamond industry with the latest blockchain, utility and functionality technologies.
GLITZKOIN implements a global exchange that focuses on bridging the gap between traditional diamond industry and the innovative financial markets pioneered by the crypto currency. With extensive industry knowledge, we aim to engineer breakthrough changes - allowing people to liquidate and invest in diamonds like other financial assets, all in a transparent and secure environment. The Diamond Exchange GLITZKOIN allows anyone to invest in individual diamonds, share high value stones or share in a basket of diamonds like ETF
Traders can have full confidence in buying and selling, even without prior knowledge of diamond trading. Thanks to the decentralized nature of exchange, our machine learning algorithm, and blockchain technology that assesses the price of diamond demand, the value of each diamond listed on the Exchange is completely transparent; liquid as it creates a two-sided market by increasing inventory and demand and standards because GLITZKOIN creates unique benchmark values, smart tariffs and contracts for each rock.
This allows transactions without trust between diamond merchants or two parties. Anyone can buy and sell diamonds, there's no limit and GLITZKOIN will connect end users, retailers, to market markers, mining companies, and polishers. The timing of transaction settlement and trade will be reduced drastically due to the effective implementation of GLITZKOIN on the Stellar blockchain.
GLITZKOIN OPEN ECOSYSTEM
GLITZKOIN Wallet
The coin management platform helps users and developers view coin balances, transaction history, and even subscription contracts. Developers can also view cumulative payments and other user-specific information.
GLITZKOIN API
GLITZKOIN API plays an important role in GLITZKOIN. The API can be used to access the various services offered by GLITZKOIN. Developers are responsible for implementing the GLITZKOIN API within their site or mobile app.
GLITZKOIN Merit Engine
After the ICO is complete, EME starts kicking. This is a fair pre-decision mechanism that decides when and how to reward the coins to the community.
PURPOSE AND FUNCTIONALITY
INTEGRATING LATEST BLOKCHAIN TECHNOLOGY INTO THE SUPPLY SUPPLY CHAIN INDUSTRY
A global trading platform that uses blockchain technology aimed at increasing transportation costs, lack of visibility and inefficiency with paper-based processes
Connect all shareholders of the mining company to Retail customers.
TRACK AND TRACE DIAMOND
Track chain-based blocks for certified diamonds
Note the attributes, origin and history of each diamond
Prevention of theft by authenticating and tracing diamonds
Track rocks along their value-added journey.
DEPARTMENT OF DECENTRALIZED MARKET FOR DIEL TRADE
Facilitate transactions without trust between diamond merchants
Allow anyone to buy and sell diamonds
Facilitate additional services such as delivery and insurance for diamonds filled by third party providers
Drastically cut the time required for the settlement of trade transactions.
TOKEN SALES
The amount of base purchase is 100 USD if the installment is made through one of these Crypto Currencies - Bitcoin (BTC), Ether (ETH) and Stellar (XLM). For installments made through Bank Transfer, the amount of base purchase is 10,000 USD.
DISTRIBUTION
Road Maps
Q4 2017
Early Sparks were followed by Background Research
Development of Initial Concepts and Range of Diamond Industry
Preliminary White Paper and Prototype Design
Q1 2018
Glitzkoin Project Scope, Token Use Case Design and Token Economics
Main Founding Team on the Board
Company in Stealth Mode, Registered Company in Estonia
Deck and Paper Project, Technical Architecture
Launching Official Website
Launch Token Presale
Q2 2018
Public Sales Token Launch
Conclusion Sales Token and Distribution Token
Development of GlitzKoin Diamond Exchange
Start GlitzKoin Global Marketing Efforts
Q3 2018
GLT Token List on Crypto Exchange
Beta Testing from Diamond Exchange Platform
Global Diamond Track & Trace System Development
Q4 2018
Deployment of Exchange Decentralized
Global Diamond Track and Trace System Deployment
Bug and Improvement Improvements to System Deployed
Q1 2019
Add more Features / tools for GlitzOnline Diamond Exchange
Continuing Marketing to Increase GlitzKoin Awareness
Team
ADVISOR
Further information :
Website
Whitepaper
Announcement
Telegram
author : asyahranu123
my profile : https://bitcointalk.org/index.php?action=profile;u=1530912
ETH : 0xc7eAa3a5aF7f96F129814f3195286E7e2b899163
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