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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.
– How does the project create value to the ecosystem and differs from competing projects
Our competition stores all their info for their diamond database in their blockchain and that is the end of their blockchain’s utility. GlitzKoin goes one step further and has added a trading feature, which means that anyone could buy any of the listed diamonds with total security and complete transparency. Our buyers and sellers interact with each other directly, which means reduced middle man costs.
We have also incorporated a crypto currency into our platform which does away with transactions through banks, currency conversions and overhead charges leading to an additional standardized cost reduction