What is Glitzcoin?
GLITZKOIN is a highly advanced blockchain based diamond trading platform with a cryptocurrency to facilitate smooth financial settlements, with a strong focus on transparency and security. The GLITZKOIN diamond platform is the first major overhaul of the diamond industry in decades. Our platform provides for immediate access for new and existing diamond buyers to connect with existing sellers anywhere in the world. The GLITZKOIN project delivers a high utility blockchain that, provides a win-win trading platform for both diamond buyers and sellers. Detailed records are maintained in a tamper-proof environment. Backed by our cryptocurrency, we are poised to define a new and superior standard for diamond trading.
The GLITZKOIN project addresses the pricing issues and the need to unlock diamonds as an investment option using blockchain technology. Blockchain technology is best known for providing the foundation of the peer-to-peer (P2P) cryptocurrency and payment system Bitcoin. In recent years, the blockchain concept, also called the distributed ledger system, has spread in popularity. This has resulted in various blockchain-based applications in the finance sector, in prediction markets, as a platform for the Internet- of-Things applications and so on. GLITZKOIN utilizes the Stellar blockchain for its solution. In addition to the underlying distributed ledger, Stellar incorporates smart contracting capabilities in a secure fashion while providing a very high number of transactions at significantly low transaction costs.
Diamonds are all about glitter, glamor and prestige, they symbolize luxury and opulence. Transactions in the diamond industry are made through personal contact, the parties involved try to assess each other and move ahead to the business process. It is rightly said that you should value the diamond dealer before valuing his diamonds. And even after applying the most diligent evaluation, there is ample scope for guesswork and misconceptions. GLITZKOIN has been initiated to bring transparency and simplicity to the diamond industry. It integrates the conventional diamond industry with the latest decentralized internet value system. Evaluations and assessments will no longer bedone by guesses and hunches. GLITZKOIN seeks to transform the diamond industry by diminishing barriers, increasing coordination, and instilling trust in cross-border transactions for the diamond industry.
GLITZKOIN is not just another blockchain, our team comprises of professionals from the diamond industry and experts from the technical field related to blockchains and cryptocurrencies. There are a number of stakeholders in the diamond industry, starting with the mining companies and including diamond polishers, certification authorities, retail sellers, and consumers. By bringing all these stakeholders on to the same platform, we facilitate the ease and efficiency of fulfilling transactions. GLITZKOIN combines privacy, accessibility, and security to create enterprise-ready applications. Current blockchain technology does not meet industry needs as the Transaction data is completely public and Network security is often uncertain.
Project Team:
The team behind Glitzkoin.
Token Details:
The coin management platform helps users and developers view coin balances, transaction history and even subscription contracts. Developers can also see cumulative payments and other user specific information. The GLITZKOIN API plays a pivotal role in GLITZKOIN. The API can be used to access the various services offered by GLITZKOIN. Developers are responsible to implement the GLITZKOIN API within their site or mobile app.
Token GLT
Price1 GLT = 0.2 USD
PlatformStellar
Accepting BTC, ETH, XLM
Minimum investment100 USD
Soft cap10 000 000 USD
Hard cap40 000 000 USD
CountryEstonia
Whitelist/KYCKYC & Whitelist
Roadmap:
GLITZKOIN builds a global, digital ledger that tracks and protects valuable assets throughout their lifetime journey. We collect an asset’s defining characteristics, history, and ownership to create a permanent record on the blockchain. This digital incarnation, or thumbprint, is used by various stakeholders across a supply chain pipeline to form provenance and verify authenticity. GLITZKOIN has built innovative solutions in markets where provenance matters and where transparency is key to ensuring ethical trade. Beginning with the diamond industry we will soon incorporate other precious stones.
Verdict:
GLITZKOIN is a global startup that uses the best of emerging technology including blockchain, smart contracts, and machine learning to assist in the reduction of risk and fraud for banks, insurers and open marketplaces in the diamond and precious stone industry. We provide a full ecosystem for the diamond industry from a supply chain solution to tracking & certification of diamonds and finally a decentralized exchange for the trade of diamonds and related services.
Important links:-
Website: https://www.glitzkoin.com
Whitepapper: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
Telegram Group: https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA
Twitter: https://twitter.com/CountinghouseFd
Facebook: https://www.facebook.com/GlitzKoin-193241214767377/
Reddit: https://www.reddit.com/r/glitzkoin/
ANN: https://bitcointalk.org/index.php?topic=3534822.0
Bounty: https://bitcointalk.org/index.php?topic=3534822.0
