Review on GlitzKoin by Jorge Hernández
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 creates favorable conditions for the development of a safe environment, due to the characteristics that its ecosystem offers:
Create a trusted network of connected people to trade digital assets and gemstones
Creates an open and global market where everyone can intervene through commercial operations with diamond and cryptocurrencies, without third-party control
Simplifies commercial operations between users through the GTN cryptographic protocol
Streamlines asset settlement transactions in trading
GlitzKoin has created the comprehensive and reliable platform necessary for trading diamonds in a global non-custodial finance market.
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
