Review on GlitzKoin by Aygerim Begjanowa
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. GLITZKOIN combines the most important moments of the traditional precious stone industry with the usefulness and usefulness of the latest blockchain innovation.
Precious gems are one of the most important common resources in the world and clearly Africa. An estimated $ 15 billion worth of precious stones are produced each year, of which $ 8.5 billion comes from Africa. The gemstone employs about ten million people, directly and indirectly, from mining to retail. Worldwide Precious Stones Precious Stones has continued to grow its three creams in the last 25 years and currently stands at a staggering $ 79 billion.
This document reflects GLITZKOIN’s view of the diamond industry. GLITZKOIN is trying to build an open ecosystem for the diamond industry to do all the work and coordination for the diamond trade.
GLITZKOIN is a global startup in the diamond and precious stone industry that uses new technologies such as blockchain, smart contracts and machine learning to help reduce risk and fraud for banks, insurers and open markets. Starting with the supply chain solution for the diamond industry, it provides a complete ecosystem for diamond tracking and guaranteeing and finally diamond trading and centralized exchange.
Pros
- A note for the diamond trade.
- I don’t know why it’s not widely used, despite such features.
Cons
- Not popular.
