GLITZKOIN.Platform for trading diamonds on the blockchain.

in #cryptocurrency6 years ago (edited)

Rare stones and minerals cause people to feel admiration and desire to possess them. Gold and diamond fevers consistently broke out where people were found jewelry. Such "fever" attracted scoundrels, scammers and even murderers. At the sight of gold, diamonds, people lose their heads and are capable of everything.

The emergence of new technologies makes people's lives easier. Scientific and technological progress allows you to read this article, written in millions of kilometers from you. Unfortunately, easy exchange of information has its drawbacks. People quickly realized that now it is much easier to deceive people, one might even manipulate the public consciousness for their own purposes.

And then there is the technology of blockchain-a completely unique phenomenon. With his appearance, humanity has a real opportunity to improve and become better. New technologies allow people to compensate for their weaknesses with the help of an impartial computer, delegating many tasks to it that we cannot cope with. Honesty, conscience-the concepts invented by people, and there is a certain irony that the computer helps us to implement them in practice. The developers of GLITZKOIN have decided to make a revolution in the gemstone industry, and decentralization will help them in this.

Features of the project

GLITZKOIN is a platform for trading diamonds on the blockchain. The goals of the project are to make the industry more transparent, remove unnecessary intermediaries, implement trade without fraudsters. The platform will cover all stages of the industry, from production to sales. For the first time in history, all market participants, from miners to retailers, will be gathered on one site. Each mined stone will get its place in the blockchain, where its parameters and its previous owners will be recorded. As a result, we will get the following benefits:

  • diamond prices reduction as a result of intermediaries and resellers elimination;
  • anyone will be able to buy and sell diamonds (or even part of the stone) without fear of fraud and forgery;
  • a high degree of security and privacy through encryption algorithms;
  • sellers and buyers will receive a rating based on the history of their behavior on the platform, thanks to which it is easy to find reliable sellers and buyers;
  • no need to pay appraisers for their work - the true value of any stone is determined by blockchain in a few minutes;
  • fair transactions without third parties through the use of smart contracts;
  • the ability to quickly insure their stones, using additional services on the platform;
  • fast transactions without borders are implemented thanks to the blockchain.

ICO of the project is in full swing, you can still have time to buy a share in the diamond business, if you hurry.

Conclusion

Against the background of financial ICO, this project stands out for its uniqueness. The developers of GLITZKOIN offer to get rid of deception and fraud,which historically are present in this industry. In addition, the project will introduce digital document management, which will save all market participants from many problems. Buying and selling can be done in different countries and continents, without fear of fraud. The developers offer many advantages, it is intriguing and attracts investors.

Of course, the project will not appeal to numerous intermediaries who earn a lot of money in the diamond industry. But it will appeal to honest traders and simple buyers who can buy and sell jewelry - easy as ordering pizza. GLITZKOIN will be accepted by investors who want to become part of the gemstone market.

Over the years of its existence, the jewelry industry has proved its worth and profitability. As it was noted at the very beginning, people love jewelry and will do everything to possess them. So we can be sure that the project will attract public attention, will be popular, and the price of the token will grow.

For More Info Check The Links:

ANN: https://bitcointalk.org/index.php?topic=3534822.0
Website: https://www.glitzkoin.com/
Whitepaper: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
Telegram: https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA
Twitter: https://twitter.com/GlitzkoinToken
Facebook: https://www.facebook.com/GlitzKoin-193241214767377/

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A great article with a lot of information. I hope this technology will also take care of the problem of 'blood diamonds' which is a major problem in many third world countries especially Africa. Most governments are currently engaged in dialogue to try to address this problem but face so many obstacles.
Let's hope this new technology will address this. I, for one, come from one of the world's major diamond producing countries (Botswana). Although we don't face a lot of the problems that many producing countries face because of our government's interventions, I would like to see a clean and free trade worldwide.

This is a topic of great importance to me. I have resteemed your post and followed you.

Thank you, @kaeley ! And I subscribed to your blog too!

Thank you for your feedback, @kaeley ! I was interested to hear about your vision of the problem. If the developers manage to implement their idea, then we have all the chances to see an open and honest diamond trade.

Bheege hoth tere pyasa dil mera ........
I like this type of lips very much

@pushpendra83, do you like the diamonds in those lips?

Yes but lips are very interesting after seing this i wants to kiss with any lady who has these type of lips

me/joinchat/H2lmsxLwenY3S8Fp_CFQBA Twitter: https://twitter

I periodically make up my blog posts with TOP quotes. I really want to add this.

@beautifulklare ,Wow! I am very pleased! and glad to see you on my blog!

I gave you an upvote on your post Please give me a follow and I will give you a follow in return.

done. welcome to my blog!

Ru
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