GLITZKOIN - PIONEERING THE DIAMOND BLOCKCHAIN.
There is an amazing blockchain project that is now taking over the cryptocurrency space that is very promising. The project is none other than the Glitzkoin project.
GLITZKOIN is not just another chain of blocks, our team is made up of professionals from the diamond industry and experts in the technical field related to blockchains and cryptocurrencies. Our blockchain property has privacy options configured specifically for the diamond industry. We ensure transparency through the development of public and private blockchains to achieve a hybrid technical model. This combines the best of both worlds; The high security of the public blockchain is combined with controls allowed in private blockchains, this allows us to better serve the industry.
The GLITZKOIN project provides a very useful distribution chain, which provides a mutually beneficial trading platform for diamond buyers and sellers. The detailed records are kept in a handling-focused environment. Backed by our cryptocurrency, we are ready to establish new and higher standards for the diamond trade.
Blockchain technology and Crypto currencies are transforming the world and the Diamond industry is no exception. Despite some nascent efforts, no blockchain ecosystem focused on the diamond industry has been designed that encompasses the various issues faced by the industry.
The need for transparency, visibility and objectivity in the diamond industry was felt many decades ago. The need for person to person contact when processing a diamond purchase or sale, limited the size of the market. GLITZKOIN focuses on integrating the best features of the conventional diamond industry with, the utility and functionality of the latest blockchain technology.
GLITZKOIN implements a global exchange that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets spearheaded by cryptocurrencies. With extensive industry knowledge, we aim to engineer a ground-breaking change – enabling people to liquidate and invest in diamonds like any other financial asset, all within a transparent and secure environment. The GLITZKOIN Diamond Exchange enables anyone to invest in individual diamonds, shares of a high-value stone or shares in a basket of diamonds like an ETF.
Traders can have full confidence in buying and selling, even without prior knowledge of diamond trading. Thanks to the decentralized nature of the exchange, our machine learning algorithm, and blockchain technology that rates a diamond’s asking price, the value of any diamond listed on the Exchange is completely transparent; liquid because it creates a two-sided market by enhancing both the supply and demand and standardized because GLITZKOIN creates a unique benchmark value, rate and smart contract for every stone.
It enables trustless transactions between diamond traders or any two parties. Anyone can buy and sell diamonds, there are no restrictions and GLITZKOIN will connect end users, retailers, to market markers, mining companies and polishers. Trade and Transaction settlement times will be drastically reduced due to the effective implementation of GLITZKOIN on the Stellar blockchain.
THE GLITZKOIN OPEN ECOSYSTEM
GLITZKOIN Wallet
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.
GLITZKOIN API
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.
GLITZKOIN Merit Engine
Once the ICO is completed, the EME kicks in. It is a fair pre-decided mechanism which decides when and how to reward coins to the community.
PURPOSE AND FUNCTIONALITY
NTEGRATING LATEST BLOCKCHAIN TECHNOLOGY INTO THE SUPPLY CHAIN OF INDUSTRIAL SUPPLY
- A global trading platform that uses blockchain technology aimed at increasing transportation costs, lack of visibility and inefficiency with paper-based processes
- Connect all shareholders of the Mine company to Retail customers.
DIAMOND TRACK AND TRACE
- Tracking chain-based blocks for certified diamonds
- Note the attributes, origin and history of each diamond
- Prevention of theft by authenticating and tracing diamonds
- Track rocks along their value-added journey.
DEPARTMENT OF DECENTRALIZED MARKETSFOR THE TRADE OF DIAMOND
- Facilitate transactions without trust between diamond merchants
- Allow anyone to buy and sell diamonds
- Facilitate additional services such as shipping and insurance for diamonds that are filled by third party providers
- Drastically cut the time required for the settlement of trade transactions.
TOKEN SALES
The base purchase sum is 100 USD if installment is made through any of these Crypto Currencies — Bitcoin (BTC), Ether (ETH) and Stellar (XLM). For installment made through Bank Transfer, the base purchase sum is 10,000 USD.
DISTRIBUTION.
ROADMAP
Q4 2017
Initial Spark followed by Background Research
Development of Initial Concepts and Diamond Industry Outreach
Initial White Paper and Design Prototypes
Q1 2018
Glitzkoin Project Scope, Token Use Case Design and Token Economics
Core Founding Team on Board
Company in Stealth Mode, Company Registered in Estonia
Project Deck and 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
GlitzKoin Diamond Exchange Development
Start GlitzKoin 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
Initial Spark followed by Background Research
Development of Initial Concepts and Diamond Industry Outreach
Initial White Paper and Design Prototypes
Q1 2018
Glitzkoin Project Scope, Token Use Case Design and Token Economics
Core Founding Team on Board
Company in Stealth Mode, Company Registered in Estonia
Project Deck and 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
GlitzKoin Diamond Exchange Development
Start GlitzKoin 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
Also don't forget to join the community by investing in the Glitzkoin project here: https://www.glitzkoin.com/token-sales
More information :
- WHITEPAPER ; https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
- WEBSITE ; https://www.glitzkoin.com/
- 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/
- MEDIUM ; https://medium.com/glitzkoin
- ANNOUNCEMENT ; https://bitcointalk.org/index.php?topic=3355944.0
- AUTHOR ; Melati21
- PROFILE LINK ; https://bitcointalk.org/index.php?action=profile;u=1357963
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