GLITZKOIN is a highly advanced blockchain based diamond trading platform with a crypto currency to facilitate smooth financial settlements, with a strong focus on transparency and security. The GLITZKOIN diamond platform is the first major overhaul of the diamond industry in decades. Our platform provides for immediate access for new and existing diamond buyers to connect with existing sellers anywhere in the world. The GLITZKOIN project delivers a high utility blockchain that, provides a win-win trading platform for both diamond buyers and sellers. Detailed records are maintained in a tamper proof environment. Backed by our cryptocurrency, we are poised to define a new and superior standard for diamond trading.
Blockchain technology and Crypto currencies are transforming the world and the Diamond industry is no exception. Despite some nascent efforts, no blockchain ecosystem focused on the diamond industry has been designed that encompasses the various issues faced by the industry.
The need for transparency, visibility and objectivity in the diamond industry was felt many decades ago. The need for person to person contact when processing a diamond purchase or sale, limited the size of the market.
GLITZKOIN focuses on integrating the best features of the conventional diamond industry with, the utility and functionality of the latest blockchain technology.
GLITZKOIN is a global startup that uses the best of emerging technology including blockchain, smart contracts and machine learning to assist in the reduction of risk and fraud for banks, insurers and open marketplaces in the diamond and precious stone industry. We provide a full ecosystem for the diamond industry from a supply chain solution, to tracking & certification of diamonds and finally a decentralized exchange for the trade of diamonds and related services.