Glitzcoin

Glitzcoin Review



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The idea of Glitzkoin is to ensure the transparency and simplicity of the diamond industry. It combines the traditional diamond industry with the new decentralized system of Internet values. Evaluations will no longer be conjectured.
GLITZKOIN strives to transform the diamond industry by reducing, strengthening coordination and building confidence in cross-border transactions for the diamond industry.
A chain of game blocks that provides an unarmored trading platform for diamond buyers and sellers. Detailed records are stored in an environment protected from unauthorized access.
Blockchain technology and cryptocurrency are transforming the world, and the diamond industry is no exception. Despite some emerging efforts, it was not designed by a single diamond industry, which covers the various challenges facing the industry. The need for transparency, visibility and objectivity in the diamond industry was felt decades ago. The need for human contact with a person when processing the purchase or sale of diamonds of the size of the market. GLITZKOIN focuses on integrating the best traditional elements of the diamond industry with the utility and functionality of the latest blockchain technology
the diamond jewelry supply chain (known as the diamond pipeline) is a process that brings diamonds from the earth to consumers. It has several different stages:
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Vision


Below is a description of GLITZKOIN's vision for the diamond industry. GLITZKOIN strives to build an open blockchain-based ecosystem for the diamond industry, where it is possible to drive and trade all diamonds.

GLITZKOIN FOR THE DIAMOND INDUSTRY


They use the latest blockchain technology in the diamond industry's supply chain. This opens a new platform for the global diamond trade. In addition to reducing transaction costs, GLITZKOIN eliminates the inefficiency inherent in processing paper transactions. A set of advanced functions is implemented to provide a very complex and detailed diamond tracking capability. The goal is to decentralize the diamond market, which will significantly improve access for diamond buyers and sellers. The diamond trade requires additional support services such as navigation, finance and insurance. These services will be the individual service providers of the fault.

MARKET TRENDS AND POTENTIAL


There is no doubt that implementing GLITZKOIN will improve the market coverage of the diamond industry. The increased visibility of products and the adoption of cryptocurrency will enable diamondists at all levels to increase their market share. At the same time, the transparency of the entire process and the authentication of diamonds will contribute to trust in professionals and new diamond buyers. The absence of intermediaries and the reduction of transport costs and other related costs will help to ensure high price competitiveness.

THE GOAL AND FUNCTIONALITY GLITZKOIN


Integration of the latest blockchain technology into the diamond industry's supply chain
• Global commercial platform using blockchain technology, aimed at increasing the cost of transportation, lack of visibility and inefficiency in paper processes
• Connect all shareholders of mining companies to
Global Diamond Track and Trace retail customers
• Block Chain Tracking for Certified Diamonds
• Record the attributes, origin and history of each diamond
• Prevent theft by authentication and tracking of diamonds
• Follow the stones throughout their value-added journey
• Decentralized Commercial Headquarters for the Diamond Trade
• Facilitate unnecessary transactions between diamond dealers
• Allow anyone to buy and sell diamonds
• Promote support services such as Diamond Delivery and Insurance by Third Party Vendors
• Drastic reduction of the time required for the settlement of commercial transactions
• Open ecosystem - Connect jewelry stores, connect Rap Net and IDEX, Connect Mining & Polishing, etc. API

PARTNERSHIP WITH SOCIETY Stellar


GLITZKOIN is a proud contributor to the Stellar community, committed to promoting open source cooperation and working with the brightest minds in the blockchain space.
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GLITZKOIN AN OPEN ECOSYSTEM


GLITZKOIN Ecosystem is a set of raging services that work in tandem to provide a gaming experience for diamond traders, buyers, sellers and other stakeholders. It also allows developers to create new and innovative applications.

GLITZKOIN Portfolio


The parts management platform allows users and developers to view parts balances, transaction history and even subscription contracts. Developers can also see cumulative payments and other user information.

GLITZKOIN API


The GLITZKOIN API plays a key role in GLITZKOIN. You can use the API to access the different services offered by GLITZKOIN. Developers are responsible for implementing the GLITZKOIN API in your website or mobile application.

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