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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on GlitzKoin by LUIS RIVERO R

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 challenges to be faced, however it is not possible to check all the information of the members.
In general, this is a very tight industry and it is still surrounded by wells and even mafias in different countries, currently its only token has validity as a currency of exchange and it is not really useful for what is proposed. It looks promising and even with people who trust this project, as there are some qualifying features found around this type of services



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.