GlitzKoin- Disrupting Diamond Industry

in #ico6 years ago (edited)

Diamonds are nowadays a very luxurious and prestigious stone. It carries a big prestige of a person. Currently, our distribution system is not so efficient for distribution of Diamond. Especially trading Diamond is the complex part. To improve our Diamond industry, it's necessary to change some things about this whole industry

Introduction to Glitzkoin

Our current diamond industry is striving for a chance to improve. There's the problem for trading, distribution and so on. All these problems that exist are keeping the diamond industry from shining and going far.
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Glitzkoin, it's a blockchain based project and their goal is to change and improve our current diamond industry. By using the blockchain technology they are opening a whole new platform for diamond trading and so on.

Diamond Industry Condition

Diamonds are one of the worlds valuable stones and major natural resources of Africa. About US$15 billion worth of rough diamonds is produced every year, which of about US$8.5 billion are produced from Africa (approximate 65%). Global diamond selling has increased by three-fold in the past 25 years, that currently worth US$79 billion every year.
(Data source: www.mining.com/www.statistics.com)

Glitzkoin Solution and Process

GLITZKOIN is a decentralized platform that is smart contract reflecting the type of financial offering, the diamonds will be delivered to the buyers or customer. Hence this Blockchain system the middleman is less. One cent charge for every 30,000 transactions. Transaction time is to be estimated one minute from an hour and the fee of 1.13-18 dollars per transaction of another transaction. If comparing with our current industry, it's a lot cheaper and faster.
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On the decentralized market, Glitzkoin platform, one can place for trade in diamonds and allow anyone to buy and sell diamonds. Adding Mining companies and also the retail customer. The Glitzkoin team is a huge number of stakeholders in the diamond industry thus they can bring out the full potential of this whole platform. Glitzkoin aims to connect all kinds of diamond dealer such as diamond polishers, retailers, consumers, big companies and so on. All of these people will be able to connect and trade in the same platform, making an efficient and effective platform for diamond trading and transaction.

Vision

GLITZKOIN is a global startup that using the better emerging technology including blockchain, smart contracts and machine learning based to reduce risk and fraud. Hence, what Glitzkoin aims to provide is a full of an ecosystem for the diamond industry from a supply chain solution to tracking and certification of diamonds and at last finally a decentralized exchange for the trade of diamonds and related services. Glitzkoin vision is to change our industry and create an efficient platform for diamond industry and for its services. After all these, their primary goal is to increase the reach of diamond and increase liquidity for diamond.
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GLITZKOIN is a paper-based transaction processing. The main purpose to decentralize the marketplace for diamonds, this will broaden up access for buyers and sellers in diamonds. In this diamond industries here the charges are not including, like separate service, shipping, finance, and insurance. The complexity is too much. The GLITZKOIN project is as like a platform that here is not be charging of any commission or brokerage fee for third party success. Making it easy to use, trade and also less fee for trading and their services. Undoubtedly this will make the platform one of the best in the diamond industry.

Glitzkoin ICO


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Glitzkoin Token Name will be GLT. Glitzkoin platform is based on the Stellar blockchain. The total amount of token will be 999 million. No more token than that will be minted. Price of a token will be: 1 GLT=0.2. Accepted fund: BTC, ETH, XLM. Target funds will be this:

• Soft Cap: 10,000,000
• Hard Cap: 40,000,000
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There will be bonus included by the time of participation and buying.

Roadmap

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Team of Glitzkoin

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NAVNEET GOENK (CEO). He is the main driving force behind the GLITZKOIN project.
OLGA ROSINA ( Diamond Specialist)
SHASHANK AGARWAL ( Head of technology )

Conclusion

Blockchain is here for disrupting the whole world. And now it's time for the diamond industry. What Glitzkoin is offering is what diamond industry needed for years. Using the blockchain technology to elevate the whole platform potential, Glitzkoin has the full chance of succeeding.

Check them out here for more information

Website: https://www.glitzkoin.com/
Facebook: https://www.facebook.com/GlitzKoin-193241214767377/
Twitter: https://twitter.com/GlitzkoinToken
Telegram: https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA
Whitepaper: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3355944.0

My Profile:

BTT Username: Sakib0194
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1841935;sa=summary

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin7677.210$1.29%1.77%
DMDDiamond4.869$-0.63%-3.88%
ETHEthereum604.668$0.41%4.51%
XLMStellar0.298$1.06%0.04%

Indeed. A change was needed. Go go Glitzkoin

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