Good day to all readers of my blog! Today, we’ll talk about an interesting project called GlitzKoin. I was very interested in the idea of this project, so I decided to write a short article about it. Let’s get acquainted with the plan of this article.
Enjoy the reading!
GlitzKoin is a new project that aims to create a global ecosystem for the precious metals industry through the use of blockchain technology and smart contracts. A new safe and transparent ecosystem will be created, which will include banks, industrial resource extraction factories and buyers of precious resources.
Let’s look at the main activities of the project and what will be possible thanks to it.
The Integration Of The Blockchain. GlitzKoin is working to create a revolutionary system that will be integrated into the production and transportation of precious resources. The main distinctive feature of such a system will be the use of blockchain technology and smart contracts, which will make it decentralized, transparent, and most importantly-safe.
Full control of resources. Applying the technology of GlitzKoin will be possible to track literally every diamond. The system will store data on the origin of the resource, the place and date of its extraction, and will record the entire history of its transportation to exclude the theft of precious stones.
Own trading market. GlitzKoin will have its own ecosystem, which will create its own market for trading precious resources. The market will be completely transparent, safe and user-friendly.
The modern blockchain does not meet all the technical requirements of all technical requirements, especially when it comes to creating a global ecosystem that will be used on an industrial scale. So GlitzKoin will develop their own blockchain. Let’s highlight the main advantages of using own blockchain.
Privacy. Through the use of a hybrid structure of the blockchain and new technologies, all transactions within the system are protrance and simultaneously confidential.
Simple and user-friendly interface. GlitzKoin will develop the most intuitive interface, which will be able to understand any user.
Full legalization. GlitzKoin will take into account all legal laws of States so that the system can be used outside the Internet. This also minimizes fraud cases in the system.
You already understand how large-scale system will be GlitzKoin, so it’s time to talk about such unique elements of the system as:
Glitzkoin Wallet. Each user of the system will be able to create their own wallet, with which you can make quick and secure transactions within the system. Also there will be stored all assets, as well as the history of transactions and other operations made by the user.
GlitzKoin API. The system will have its own API that can be used by other developers to develop applications within the system.
GLITZKOIN Merit Engine. A special technology that is responsible for rewarding participants by analyzing their activity.
Link to the website - https://www.glitzkoin.com
Group in Telegram - https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA
Official Facebook - https://www.facebook.com/GlitzKoin-193241214767377/
Official Twitter - https://twitter.com/GlitzkoinToken
Whitepaper - https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
The theme of the project on the forum is - https://bitcointalk.org/index.php?topic=3355944.0
My profile - https://bitcointalk.org/index.php?action=profile;u=1364417
My Telegram channel - https://t.me/Crypto_Fanat
My youtube channel - https://www.youtube.com/channel/UCTeW98JGSO-ih1lomuru7IA
P.S.: This material is published for acquaintance and understanding of the project essence.
Before making a decision about investing, I advise you to study the technical documentation of the project in more detail.
Investments in ICO are associated with high risks.
