Glitzkoin

All smart contracts for diamonds, as well as information on their sales will be stored in a blockchain with full transparency of the sales history register. Smart contracts can be sold on a decentralized exchange platform Glitzkoin or on an equal basis, which will allow traders to easily invest in diamond operations. As a result, a new decentralized trading platform is formed with interchangeable classes of assets, which ensures investment in precious stones at a professional level and does not require special qualification in the field of trade in diamonds. In order to explain how Glitzkoin forms a bilateral trading market, Glitzkoin has a mechanism for loading the specifications of diamonds into the platform for the purpose of subsequent sale. We also concentrate on selling individual samples of diamonds.
For users of Glitzkoin it will also be possible to receive diamonds for physical use. A trader who purchases a diamond smart contract will be able to request delivery of a diamond. In these cases, the delivery starts, after the contract status is changed, from the smart contract to the delivery contract, and the diamond is delivered to the owner. As soon as the owner receives the diamond, the smart contract will be removed from the exchange register. One of the most interesting and innovative types of trading that will be offered by the Glitzkoin platform is the option "Equity investment". After registering the diamond on the exchange, its owner will be able to sell the stone, both on single and multiple smart contracts. The option "Multiple Diamond Contracts" will create multiple smart contracts that will indicate partial ownership of the diamond. This function, for the first time, will allow retail customers to invest in high-value diamonds, which are usually a speculative and volatile segment of the polished diamond market.
Glitzkoin is focused on building an open blockchain-an ecosystem in the diamond industry, where it would be possible to manage and coordinate all trade in diamonds. Glitzkoin is a global start-up project using the best technologies, including blockchain, as well as smart contracts and machine training, which reduce various risks of banking operations, the project provides reliable open sites for trade in diamonds and precious stones. Glitzkoin provides the entire ecosystem for use in the diamond industry, from supply chain decisions to tracking and certification of diamonds to decentralization of exchangers to trade in diamonds and diamonds and the use of related services.
A trader who purchases a diamond smart contract will be able to request delivery of a diamond. In these cases, the delivery starts, after the contract status is changed, from the smart contract to the delivery contract, and the diamond is delivered to the owner. As soon as the owner receives the diamond, the smart contract will be removed from the exchange register. One of the most interesting and innovative types of trading that will be offered by the Glitzkoin platform is the option "Equity investment". After registering the diamond on the exchange, its owner will be able to sell the stone, both on single and multiple smart contracts. The option "Multiple Diamond Contracts" will create multiple smart contracts that will indicate partial ownership of the diamond. This function, for the first time, will allow retail customers to invest in high-value diamonds, which are usually a speculative and volatile segment of the polished diamond market.

The global trading platform, using blockchain technology, is aimed at improving the cost of transportation, increasing the recognition of goods and reducing the traditionally ineffective paperwork. Binding among themselves all shareholders of mining companies and retailers.
Glitzkoin has built a system of innovative solutions in markets where the origin of assets is of great importance, and transparency of operations is the key to trade ethics. Starting with the diamond industry, we will soon move on to other precious stones.
Glitzkoin is not just another blockchain, our team consists of professionals from the diamond industry, technical experts from blockchain-technologies and crypto-currencies. In the diamond industry, there are many shareholders, ranging from mining companies and including companies engaged in diamond polishing, certification bodies, retailers and consumers. By collecting all shareholders on one platform, we make it easier and more efficient to execute transactions.
Useful links about the project:
website https://www.glitzkoin.com/
whitepaper https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf