The evolution of technology in recent years has been very useful in many niches, a niche that I will talk about has to do with the diamond industry, which wants to control its business with the blockchain platform.
Since 2009, the supposed creator of the bitcoin, Satoshi Nakamoto, has revolutionized the world of cryptomoney, a unique concept based on a decentralized platform, secure, transparent and difficult to hack into.
One of the advantages of using a decentralized ecosystem is:
Cost reduction.
Fast and secure financial transactions.
Elimination of bureaucracy.
Elimination of fraud.
That's why a number of companies and investors are betting on blockchain, since the return on their investment is a little faster and safer and especially when you invest in this project called Glitzkoin.
GLITZKOIN is an advanced platform for trading diamonds based on blockchain with a cryptographic currency that allows for smooth financial settlement, with a strong emphasis on transparency and security.
The platform allows immediate access to diamond buyers to connect with sellers anywhere in the world, this trading platform facilitates profits for buyers and sellers, its advanced technology allows you to keep each and every one of the detailed records which will prevent the manipulation of data.
Mission.
Glitzkoin seeks to transform the diamond industry by lowering barriers, increasing coordination and inspiring confidence in international transactions for the diamond industry.
Leaving out the middleman
Trust is established directly between buyer and seller through the elimination of intermediaries and brokers.
Decentralized archiving of records
In the blockchain, paperless records and the attributes of each diamond are stored securely.
Eliminating fraud
There is no possibility that the product will be counterfeit and that fraudulent transactions will take place.
Seamless international transactions
They allow international negotiations as no currency conversions or other bank charges are required.
Objectives and Functionality
Low fees
THE INCORPORATION OF THE LATEST BLOCK CHAIN TECHNOLOGIES INTO THE DIAMOND INDUSTRY'S SUPPLY CHAIN
It is a global trading platform that uses blockchain technology to improve the cost of transport, the incomprehensibility and inefficiency of paper-based processes.
Connect all mining company stakeholders with retail customers
DIAMOND TRACKING AND TRACING
Trajectory based on blockchain in certified diamonds.
Annotation of the attributes, provenance and history of each diamond.
For theft prevention by authenticating and tracking the diamond.
Follow the stones through their value-added journey.
DECENTRALISATION OF THE DIAMOND MARKET
Simplify transactions between diamond dealers.
to allow anyone to buy and sell diamonds.
Provide complementary services such as shipping and insurance for diamonds supplied by third parties.
Dramatically reduce the time required to settle business transactions.
About the Token
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Token
GLT
Price
1 GLT = 0.2 USD
Bonus
Available
Bounty
Available
Platform
Stellar
Accepting
BTC, ETH, XLM
Minimum
investment 100 USD
Soft cap
10 000 000 USD
Hard cap
40 000 000 USD
Country
Estonia
Whitelist/KYC
KYC & Whitelist
Milestones
Q4 2017
Initial Spark Followed By Background Research;
Development Of Initial Concepts And Diamond Industry Outreach;
Initial White Paper And Design Prototypes.
Q1 2018
Project Scope, Token Use Case Design And Token Economics;
Core Founding Team On Board;
Company In Stealth Mode & Registered In Estonia;
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;
Diamond Exchange Development;
Start 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.
Team
Olga Rosina- Diamond Specialist
Shashank Agarwal - Head of Technology
Lila Ruzaini - Head of Business Development
Dato Alia Hm Jally - PR and Media Relations
Dinesshwaran Yoogan - Marketing Manager
Navneet Goenka - CEO
Mikhail Kozlov - Advisor
Datuk Mat Rabi Abu Samah - Advisor
Paolo Albertelli - Advisor
If you need more information I leave you below the links where you can review it in much more detail, any questions or doubts I invite you to comment.
