The sad truth of the billion dollar industrythe beneath the glitter and extravagance of diamonds lies a 90 billion dollar industry that is characterized by inefficiencies and deficiencies over reliance on multiple brokers and Commission agents that do nothing but to inflate the price of a diamond. The dark of the diamond trade we are worthless fake diamonds are passed on the real things over valuation of diamonds and the and the list goes on and on.

What a blockchain raised diamond trading platform could do for the industry ?

The Glitzkoin platform can enable trust in an inherently untrustworthly diamond trade by directly connecting the buyers and the sellers, and eliminating brokers and commission agents. We aim to significantly reduce the inflated prices of diamonds. Selling diamonds on a platform can be done with a few clicks and trees are being authenticated before being uploaded this removes the scope of face diamonds and fraudulent trasactions.



Buyers can easily search for the di…