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GlitzKoin Review

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Poor

Revainrating 2.5 out of 5  
Rating 
2.7
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Description of GlitzKoin

GlitzKoin (GTN) is a cryptocurrency . GlitzKoin has a current supply of 998,999,327.9095997 with 0 in circulation. The last known price of GlitzKoin is 0.2393362 USD and is up 1.55 over the last 24 hours. It is currently trading on 19 active market(s) with $1.52 traded over the last 24 hours. More information can be found at https://www.glitzkoin.com/.

Reviews

Global ratings 4
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Type of review

Revainrating 3 out of 5

Market trends and potential.

Blockchain innovation and Crypto monetary standards are changing the world, and the Diamond business is no exception. Despite some initial efforts, no blockaded environment has been planned in the precious stone industry, which covers a variety of issues. The demands of straightness, sensitivity and objectivity on precious stones were felt many years ago. In the case of buying or trading in precious stones, the individual's personal communication requirements limited the size of the market. G

Pros
  • A note for the diamond trade.
  • I don’t know why it’s not widely used, despite such features.
Cons
  • Not popular.

Revainrating 3 out of 5

secure crypto gateway to trade diamonds

The gemstone trade has always been exposed to risks of theft, embezzlement and fraud due to the highly valuable nature of this material. With the use of blockchain technology, a reliable digital mechanism has been designed that allows the execution of secure transactions within a market without custody and free access for negotiations with precious stones. In the case of diamond trading, the blockchain platform is known as GlitzKoin. What is the security of the GlitzKoin platform? GlitzKoin

Pros
  • Provides security on the gemstone trade route
  • Trade platform free of third-party intermediation
  • Reduces the chances of fraud in the supply of diamonds
  • Saves time in negotiation
  • Promotes massive participation in the gemstone market
Cons
  • No GTN coins in circulation

Revainrating 3 out of 5

Despite such features, I do not know why it is not used much.

One of the most admired aspects of the project is that the transactions between the decentralized system and the users are collected only on their own blockchain. In addition, the fact that the recorded information cannot be changed or deleted again shows that there will be no problems in terms of security of the project. In addition, producers can trade and ship directly in the market using the GTN crypto currency in the project. However, sometimes it seems very boring that the transactions…

Pros
  • its design is very attractive.
  • easy to use.
  • It allows transfers between producers.
  • made agreements with many banks around the world.
  • I have no worries about security.
Cons
  • I could not encounter with the token type in stock exchanges.
  • I could not reach the support team.
  • not popular.

Revainrating 2 out of 5

Token for the diamond trade.

This platform focuses on the development of the diamond market, creating a decentralized platform focused on the supply chain and the payment of expenses that it can generate using glitzkoin. - Decentralized use of information of interest by the parts that they commercialize. - Guarantee of confidentiality between the trading parties, all the information of the supply is managed directly in the block of blocks. -The team that integrates this project seems to be well prepared for the…

Pros
  • Monetary transactions and contracts between the producers directly.
  • The records are processed in the block of blocks used by GTN.
  • Each transaction falls weakly signed and cannot be modified.
  • International transfers without restrictions on government or banks.
Cons
  • It does not contain any pruebas of use in real time.
  • This Token is listed in exchanges.
  • Use the Stellar block cadence.