Glitzkoin:Place of Buying and Selling of Diamond

Goodday our case study today is GLITZKOIN project, which is a platform that make ensure that transparency and simplicity of the diamond industry. It unites the traditional diamond industry with the newest decentralized system of Internet values.Which is combines with the best technologies of the diamond industry with advanced blockchain technology.

Diamonds usually one of the world’s,major natural resources. which estimated US$15 billion worth of rough diamonds are produced per Annual, of which approximately US$8.5 billion are from Africa (approximately 65%). The diamond industry employs approximately ten million people around the world, both directly and indirectly, across a wide spectrum of roles from mining to retail. Global diamond jewelry sales continue to
grow, increasing three-fold from the past 25 years, and are currently worth in excess of US$79 billion every year.

The main aim of GLITZKOIN is to build an open ecosystem based on blockchain for the diamond industry, where it is possible to lead and coordinate all trade in diamonds

The Benefits Of Glitzkoin:

• For the reason of this project (GLITZKOIN) it will enhance the market coverage of the diamond industry. boost visibility of products and acceptance of the crypto currency will allow diamond dealers at all levels to increase their market share. At the same time, the transparency of the whole process and the authentication of diamonds will promote confidence in both professional and new diamond buyers. The absence of the order parties and a reduction in transportation costs and other related costs will allow for high competitiveness of cost.

• Glitzkoin will provides close interaction between buyers and sellers of diamonds, providing favourable conditions for both parties in the transaction of the diamond trading.

• With Presence of your own GLITZKOIN wallet. by using this wallet, users and developers will be able to take a view of the remains of coins in there wallet, the history of transactions and even subscription contracts. Developers can also see cumulative payments and other user information,of how the transactions goes out and comes in.

• It will reduce the risk of buying fake diamond,because it will be on stickily high qualities and certified diamonds will be available on the trading platform. GIA - the Gemological Institute of America, recognized as the most authorized jewelers, is responsible for verification and certification.

  The Operation Of This Project:
  

  The Things To Find On Glitzkion:

• Diamond Industry Supply Chain: A Platform for global trade using blockchain technology to improving the cost of transportation, lack of visibility and inefficiencies with paper-based processesConnecting all stake holders from Mining companies to Retail customers

   Track And Trace Of Diamond:   
  

• A Block chain based tracking for certified diamonds before trades are been made

• A record of attributes, origin and history of each diamond

• With prevent theft from authenticating and tracking the diamond

• Track stones all through their value added journey

    Making A Decision For Place to trade in diamonds:
  

• Making it Possible for trustless transactions between diamond traders

• Making it possible for ancillary services like shipping and insurance for diamonds fulfilled by third party providers

• Drastically cut the time required for trade transaction settlements

About the Ico Details:

Token symbol: GLT

ICO period: ongoing until 25 June 2018

Price: 1 GLT = 0.16USD-0.2 USD.

Accepted Payment: BTC, ETH, XLM

SoftCap: 10,000,000 USD

HardCap: 40,000,000 USD

Minimum Investment:$100

Distribution of Token:

Expects That Makeup the Team:

Useful Links
Website: https://www.glitzkoin.com

Whitepaper: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf

Bitcointalk: https://bitcointalk.org/index.php?topic = 3534822.0; todo

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

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

Bitcointalk profile:https://bitcointalk.org/index.php?action=profile;u=1358646