Glitzkoin|The Diamond Industry Supply Chain

Yes, diamonds are all about glitters, prestige, class, and suave. They are symbols of wealth and class. Despite the promise this precious minerals hold, the diamond industry is still one of the most rigid and untouched industry in today's society. Transactions in the diamond business have remained unchanged. Typical diamond transactions are made through personal contact and involve both parties assessing each other before they move ahead to the business at hand.
This person to person contact before a business is conducted has limited the growth of this industry, thereby reducing its potentials and overall revenue. In addition, this industry takes in an estimated figure of 15 billion dollars from rough diamonds mined from the diamond mines of Africa and Asia it's still plagued by lack of transparency and objectivity on the parts of the dealers. In addition, over 10 million people are indirectly or directly involved in the diamond industry; from retail to mining. These people are in direct danger of falling prey to current inadequacies that plague the diamond industry. For this reason, Glitzcoin aims to incorporate the disruptive technology of the 21st century into this rigid industry. Yes, we are referring to blockchain technology and cryptocurrency. Glitzcoin aims to transform and remove the barrier of person to person contact in this industry via the use of decentralized technology, which will bring all the stakeholders on the diamond supply line into the platform.
Why Glitzcoin?

This cryptocurrency aims to build a blockchain based platform where all the active players in the diamond industry can conduct their business. This amazing startup utilizes the best of emerging technologies such as smart contracts, the blockchain, and machine learning, which helps it to reduce the risks insurance companies, banks, and open marketplaces that deal in diamonds and other precious metals. Glitzcoin aims to create a full ecosystem that will transform and reduce the inefficiencies of paper-based transactions.
Impact of Glitzcoin on Diamond Industry Supply Chain
Glitzcoin is more than just another cryptocurrency on the blockchain market. It comprises of professionals with vast experience gained from numerous years spent in the diamond industry and experts in the field of disruptive technologies such as blockchain and cryptocurrency. As mentioned earlier, this cryptocurrency aims at increasing the ease and efficiency of carrying out transactions in the diamond industry by bringing all the stakeholders in the supply chain into a common platform.
So, how does Glitzcoin impact the diamond supply chain? Well, this platform combines security, privacy, and accessibility on one platform for an improved diamond industry.
Privacy. Due to the sensitivity and huge amounts involved in diamond trading, Glitzcoin uses bulletproof and zk-snarks to encrypt and keep transaction data completely private from competitors.
User-Friendly Interface. This platform will seamlessly with any business process or existing applications. Furthermore, this platform is so easy to navigate that no technical knowledge is required.
Lastly, Glitzkoin's diamond supply chain is based on the federal byzantine agreement, which enables a secure network governance protocol. It also enables companies to build supply based applications with secure data.

TOKEN DETAILS

You can purchase glitzcoin with the following cryptocurrency, Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP) and Stellar (XLM) as the mode of payment for GLITZKOIN Token purchases.

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.

Token: GLT
Bonus: yes
Cost: one GLT equal 0.2 USD
Min investment: one Hundred USD
Hard cap: 40,000,000 USD
Soft cap: 10,000,000 USD
Country: Estonia

Token distribution