GLITZKOIN BLOCKCHAIN FOR THE DIAMOND INDUSTRY

Diamonds are the most beautiful stones on earth, their luster attracts and fascinates the eye, people are ready to pay huge money for these beautiful stones.
Now, it is becoming increasingly difficult to buy high-quality diamonds, as transactions in the diamond industry are carried out with the help of personal contacts, the parties involved try to evaluate each other and move to the business process.
But even after applying the most thorough evaluation of the stones and the seller, there are many opportunities for guesswork and misconceptions. So, to dispel all doubts, a GLITZKOIN project was created that can provide transparency and simplicity of the diamond industry.
It integrates the conventional diamond industry with the latest decentralized internet value system. Evaluations and assessments will no longer bedone by guesses and hunches. GLITZKOIN seeks to transform the diamond industry by diminishing barriers, increasing coordination, and instilling trust in cross-border transactions for the diamond industry.

So, let's see what the project developers offer:

GLITZKOIN uses the latest blockchain technology in the supply chain of the diamond industry.
This will reduce the costs associated with the transaction, as well as eliminate the inefficiency of processing transactions on a paper basis.
The advanced function will allow you to implement complex tracking of diamonds. Trade in diamonds requires additional services, finance, insurance, shipping.
The GLITZKOIN project will save on these costs, and will not charge a commission for additional services.There is no doubt that the implementation of GLITZKOIN will increase the market attractiveness of the diamond industry. Increased transparency and acceptance of the crypto currency will allow diamond dealers to increase their market share. At the same time, the authentication of diamonds gives confidence to both professional and first time buyers of diamonds. The absence of intermediaries and a reduction in transportation costs and other related costs will allow for high competitiveness of prices.

PRIVACY

• GLITZKOIN uses zk-snarks and bulletproofs to keep transaction data completely private, which means
  transaction data and trade secrets remain encrypted and obscured from competitors.

USER FRIENDLY

• GLITZKOIN solutions will seamlessly integrate into existing business processes and applications. No technical knowledge is required for companies or users.

IDENTITY & NETWORK SECURITY

• GLITZKOIN’s supply chain is completely secure and based on the federated byzantine agreement system to run network governance protocol and eliminate bad actors.

HISTORICAL RECORDS

• Securely record historical data and transactions allowing suppliers to prove their reliability to buyers and rating institutions.

THIRD PARTY APPLICATIONS

• GLITZKOIN enables companies to quickly build customized, end-to- end, supply chain applications with data privacy.
  
  DIAMOND INDUSTRY SUPPLYCHAIN USING BLOCKCHAIN GLITZKOIN is not just another blockchain, our team comprises of professionals from the diamond industry and experts from the technical field related to blockchains and crypto currencies. There are a number of stakeholders in the diamond industry, starting with the mining companies and including diamond polishers, certification authorities, retail sellers and consumers. By bringing all these stakeholders on to the same platform, we facilitate the ease and efficiency of fulfilling transactions.
  Our propriety blockchain has privacy options configured specifically for the diamond industry.
  We ensure transparency by building on both, public and private blockchains so as to achieve a hybrid technical model.
  This combines the best of both worlds; high security of the public blockchain is paired with permissioned controls in private blockchains, this allow us to better serve the industry.

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
  
  Website: https://glitzkoin.com/
  Whitepaper: https://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/
  Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3534822.0;all
  My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=988678