PIONEERING THE DIAMOND BLOCKCHAIN FOCUSED ON THE 90 BILLION DOLLAR DIAMOND INDUSTRY
GLITZKOIN has included experts related to every aspect of the diamond industry in their team. Blockchain technology experts have been carefully handpicked in the same team. The project strong project plan is directed at the deficiencies present in current diamond trade practices. Details have been worked out to configure a diamond blockchain, one that allows diamond trade to be conducted.
What is Glitzkoin?
Integrating the latest blockchain technology into the diamond industry supply chain. Changing the landscape of the $90 billion Diamond Industry, one diamond at a time.
Cutting out the middleman
Establishing trust directly between buyer and seller by removing brokers and middlemen.
Decentralised
storage of records
Paperless records and attributes of each diamond are securely stored on the blockchain.
Eliminating
Fraud
No chance of product misrepresentation, and fraudulent transactions.
Seamless cross
border transactions
Message from our CEO
Listen to Navneet Goenka, a diamond industry veteran, talk about the current problems and how Glitzkoin is trying to solve these problems.
When we say that GLITZKOIN aims to build bridges, it should be clear that we are not in the construction business. Bridges in this case aim to fill the gap between businesses and technology. With reference to the GLITZKOIN project, it is the diamond industry that is being referred to. Many functional activities in the diamond industry have remained the same for decades. Long usage does not mean that they are efficient or secure.
Diamonds are often traded with little information disclosed, very few buyers have sufficient knowledge to evaluate all technical details related to the stone. Issues like fake diamonds, inferior quality and controversial diamond treatments are always a possibility. These are some reasons why, many diamond lovers never end up buying the stone.
The conclusion of a diamond sale needs to handle the payment process. Related expenses like shipping and insurance will also need to be settled. Considering that the buyer and seller could be located in two different countries, expenses for currency conversion and bank fees can be significant.
GLITZKOIN UTILITY FOR THE DIAMOND INDUSTRY
We incorporate the latest blockchain technology into the diamond industry supply chain. This opens up a new platform to conduct global diamond trading. In addition to reducing transaction-related costs, GLITZKOIN eliminates inefficiencies inherent in paper-based transaction processing. A set of advanced functions is implemented to provide extremely complex and detailed diamond tracking and tracking capabilities. The goal is to decentralize the diamond market, this will greatly open access for buyers and sellers of diamonds. Diamond trading does require additional additional services such as shipping, finance and insurance. This service will be provided by a separate service provider.
Road Map
MARKET AND POTENTIAL TRENDS
There is no doubt that the implementation of GLITZKOIN, will increase the market reach of the diamond industry. Increased product visibility and acceptance of 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 instill confidence in the professional diamond buyers and the first time. The absence of intermediaries and decreased transportation and other related costs, will enable highly competitive pricing.
Conclude:
Overall, I think GLITZKOIN gets the final shot with the exclusive launch of cryptocurrency, GLITZKOIN which maximizes profits by overriding expensive and volatile money transfer systems across continental countries. GLITZKOIN brings the crypto revolution in the 19 billion dollar diamond industry to bring it into your home protection. Let’s be part of the unique token sales of the industry and let’s grow together. In addition GLITZKOIN has assembled a team of technical experts combined with powerful management professionals with decades of experience in the diamond industry. In addition, they have expanded the scope by going beyond the crypto currency problem and intend to build a diamond trading platform. GLITZKOIN is set to become a leading force in the coming years.
For more details please visit the link on this:
For more details please visit the link on this:
- Official Website: https://www.glitzkoin.com/
- Official White Paper: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
- Telegram: https://t.me/joinchat/ H2lmsxLwenY3S8Fp_CFQBA
- Facebook: https://www.facebook.com/GlitzKoin-193241214767377/
- Twitter: https://twitter.com/GlitzkoinToken
- Reddit: https://www.reddit.com/ r / glitzkoin /
- Media: https: // medium.com/glitzkoin
Bitcointalk profile
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BalasHapus