GLITZKOIN Transforming the Diamond industry
Trading in precious stone has always been seen as a game of rare gem and often the aspect of investment is left mainly to those that the society assume as the well to do investor or the individual that love the stone for what they are. This precious stone ranges from Opal, jasper, quartz and diamond. This article will explain the present trading modalities of the Diamond industry and the challenges they face and a way to move forward that has been proposed by Glitzkoin.
Presently, the Diamond industry which makes up of billions of players/workers both actively or passively all contributing at one point in the movement of a Diamond.
Diamond exploration is discovered across the globe and a significant of the exploration coming from the African continent. And this industry contributing lots and lots to the business economy and value worth of over $50 billion just within the last fiscal year. We will see that Diamond industry is truly a worthwhile investment and as such we need to make the trading environment free of repulsive ideas. Presently diamond pass from the miner to the furnisher or the cutters to the dealers that purchase this and repackage it for people's consuming use. Along the transfer line, there use to be a lag in monitoring and effective tracking and this has given room for the fake business dealers to enter. Also this has made it impossible for transparency in the industry.
Presently, transaction involving Diamond is not easily done as it requires lots of processes and data transfer and ownership transfer and verification exercise making it all time consuming and less cost effective.
Glitzkoin is a platform that is already into the Diamond industry active reading and has come to amass their wealth of knowledge about the industry and make investing in diamond an easy and simple deal. Making and opening up new horizon for all to be able to access the market and be involved.
Glitzkoin is building her platform on the Blockchain technology and using the advantages the technology provides, improve trading of diamond.
Glitzkoin will link up all players in the diamond industry and make the transfer and acquisition easy as possible. Every owner of diamond will have it verified for genuineness in a specified lab by the platform and all the diamond characters will be displayed on the platform. Interested buyer can then buy and it will be conducted on the site and transferred.
The diamond can be owned by a single individual or by group of individual’s base on how expensive the diamond it and this allows multiple investor to enter the market even with the smallest of money investment.
So with the project of Glitzkoin at hand, all the bureaucratic processes that follows the traditional diamond industry will be remodel to conform to the technology the modern day has to offer for effective business transaction. And as such, the platform will be blessed to grant a dream of peer to peer reading of diamond in bulk or piece as the case may be, by incorporating it as a smart contract base deals, which as explained earlier can now be bought on the platform and delivered, even with all the ownership right and effective monitoring.
For the platform activities running and also as a way to raise resources to finance the platform, Glitzkoin is selling out here utility token GLITZKOIN Token, to the society globally, which can be bought using BTC, ETH, LTC etc. for the ICO.
For more information, visit any of these links;
Website: https://www.glitzkoin.com/
Whitepaper: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
Facebook: https://www.facebook.com/GlitzKoin-193241214767377 /
Twitter: https://twitter.com/GlitzkoinToken
Medium: https://medium.com/glitzkoin
Telegram: https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA