GLITZKOIN: BLOCKCHAIN ECOSYSTEM FOR THE DIAMOND INDUSTRY

The GLITZKOIN platform gives an exceptionally valuable distribution chain, which gives a commonly gainful exchanging stage for diamond purchasers and venders. The nitty gritty records are kept in a taking care of centered condition. Sponsored by our cryptocurrency, we are prepared to establish new and higher models for the diamond trade. GLITZKOIN group is comprised of experts from the diamond industry and specialists in the specialized field identified with blockchains and cryptographic forms of money. Our blockchain property has security alternatives arranged particularly for the diamond industry. We guarantee straightforwardness through the improvement of open and private blockchains to accomplish a half and half specialized model. This consolidates the best of the two universes; The high security of the general population blockchain is joined with controls permitted in private blockchains, this enables us to better serve the industry.

Blockchain innovation and Crypto monetary forms are changing the world and the Diamond industry is no special case. In spite of some early endeavors, no blockchain ecosystem concentrated on the diamond industry has been outlined that envelops the different issues looked by the industry.

The requirement for straightforwardness, visibility and objectivity in the diamond industry was felt numerous decades back. The requirement for individual to individual contact when handling a diamond buy or deal, restricted the measure of the market. GLITZKOIN centers around incorporating the best highlights of the regular diamond industry with, the utility and usefulness of the most recent blockchain innovation. The GLITZKOIN actualizes a worldwide exchange that spotlights on conquering any hindrance between the customary diamond industry and the creative money related markets initiated by digital forms of money. With broad industry information, we expect to build an earth shattering change – empowering individuals to exchange and put resources into diamonds like some other monetary resource, all inside a straightforward and secure condition. The GLITZKOIN Diamond Exchange empowers anybody to put resources into singular diamonds, offers of a high-esteem stone or offers in a container of diamonds like an ETF.

Traders can have full trust in purchasing and offering, even without earlier information of diamond exchanging. On account of the decentralized idea of the exchange, our machine learning calculation, and blockchain innovation that rates a diamond's soliciting value, the incentive from any diamond listed on the Exchange is totally straightforward; fluid since it makes a two-sided advertise by improving both the free market activity and institutionalized on the grounds that GLITZKOIN makes a one of a kind benchmark esteem, rate and keen contract for each stone.

It empowers trustless transactions between diamond traders or any two gatherings. Anybody can purchase and offer diamonds, there are no limitations and GLITZKOIN will interface end clients, retailers, to advertise markers, mining organizations and polishers. Trade and Transaction settlement times will be radically diminished because of the successful usage of GLITZKOIN on the Stellar blockchain.

THE GLITZKOIN OPEN ECOSYSTEM

GLITZKOIN Wallet

The coin administration stage enables clients and engineers to see coin adjusts, exchange history and even membership contracts. Engineers can likewise observe aggregate installments and other client particular data.

GLITZKOIN API

The GLITZKOIN API assumes a urgent part in GLITZKOIN. The API can be utilized to get to the different administrations offered by GLITZKOIN. Designers are mindful to execute the GLITZKOIN API inside their site or versatile application.

GLITZKOIN Merit Engine

Once the ICO is finished, the EME kicks in. It is a reasonable pre-chosen mechanism which chooses when and how to remunerate coins to the network.

A worldwide exchanging stage that utilizations blockchain innovation went for expanding transportation costs, absence of visibility and wastefulness with paper-based procedures

Interface all investors of the Mine organization to Retail clients.

DIAMOND TRACK AND TRACE

Following chain-based blocks for affirmed diamonds

Note the properties, inception and history of every diamond

Counteractive action of theft by authenticating and following diamonds

Track shakes along their esteem included adventure.

Branch OF DECENTRALIZED MARKETSFOR THE TRADE OF DIAMOND

Encourage transactions without trust between diamond dealers

Enable anybody to purchase and offer diamonds

Encourage extra administrations, for example, delivery and protection for diamonds that are filled by outsider suppliers

Definitely cut the time required for the settlement of trade transactions.

TOKEN SALES
The base purchase sum is 100 USD if installment is made through any of these Crypto Currencies — Bitcoin (BTC), Ether (ETH) and Stellar (XLM). For installment made through Bank Transfer, the base purchase sum is 10,000 USD.

ROADMAP

Q4 2017
Initial Spark followed by Background Research
Development of Initial Concepts and Diamond Industry Outreach
Initial White Paper and Design Prototypes

Q1 2018
Glitzkoin Project Scope, Token Use Case Design and Token Economics
Core Founding Team on Board
Company in Stealth Mode, Company Registered in Estonia
Project Deck and White Paper, Technical Architecture
Official Website Launch
Token Presale Launch

Q2 2018
Launch of Public Token Sale
Conclusion of Token Sale and Distribution of Tokens
GlitzKoin Diamond Exchange Development
Start GlitzKoin Global Marketing Effort

Q3 2018
GLT Token Listing on Crypto Exchanges
Beta Testing of Diamond Exchange Platform
Development of Global Diamond Track & Trace System

Q4 2018
Decentralized Exchange Deployment
Global Diamond Track and Trace System Deployment
Bug Fixes and Enhancements to Deployed System

Q1 2019
Adding more Features/tools to GlitzKoin Diamond Exchange
Continued Marketing to Increase GlitzKoin Awareness

Visit the links below for more information:
Website: https://www.glitzkoin.com/
Whitepaper: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
ANN: https://bitcointalk.org/index.php?topic=3355944.0

Authored by Lelvin: https://bitcointalk.org/index.php?action=profile;u=1275173

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