DiaEx successfully completes the pilot run. Actual transactions in B2B and B2C modes - not dummy test data. Over 600,000 GTN tokens transacted to settle payments on the diamond trading platform. Just to recap, DiaEx is an important component of the Glitzkoin project. The first blockchain based diamond trading platform DiaEx is designed to accept the GTN token as the mode of payment.

The pilot run delivered impressive results with no major bugs or updates being thrown up. We are now on track to do full global deployment of the platform within Q1-Q2 of 2019. This is when diamond traders across the globe can buy and sell natural and certified diamonds. The use of the GTN crypto to settle payments, eliminates complications related to expensive and prolonged bank procedures, the issue of multiple currencies and the need for complicated currency conversion calculations.

Check out more details at ... https://medium.com/glitzkoin/600-000-glitzkoin-gtn-tokens-transacted-on-diaex-8c1a106ff87e

So China working to launch its very own crypto. And will the crypto community really support it. Crypto analysts agree that, the Chinese desire to be in control of everything that happens in the nation - might dampen market sentiment for the Chinese crypto. We could arrive at a scenario where crypto exchanges listing the crypto from China, would be required to disclose details of all transactions to the Chinese administration. This is something that exchanges would be required to inform their clients about.

As of now, the Chinese crypto has not generated significant interest in crypto circles. More on this topic at https://glitzkoin.com/infopedia/china-crypto-glitzkoin-01-0849

Hi Cryptoking1567, while your question is very relevant it is really something that cannot be discussed. Every crypto exchange has a clause where, nothing about a listing can be discussed. We will not confirm whether the rumor about a GTN Binance listing is being is in the pipeline or under consideration. But we will surely make an official announcement if the GTN gets listed on any additional exchange (s). We do hope that you understand our position.

Trump Hates Cryptos - SO WHAT?



Speaking at a time when Facebook has come close to launching its very own crypto, US President Trump made no secret of the fact that he hated cryptos and did not think very highly of bitcoin either. Interestingly Changpeng Zhao CEO of the world's largest crypto exchange BINANCE, feels that Trumps comments have done good for the crypto world.

We got more on this topic right here at ..... https://glitzkoin.com/infopedia/trump-cryptos-bitcoin-binance-says-ok-01-0941

The potential of the Glitzkoin project and GTN token are driven by the fact that, that the project is focused on solving existing inefficiencies in the $90 billion diamond industry. Issues like the presence of a long trail of middlemen in the supply chain and the, fear that buyers have of being, overcharged or receiving fake diamonds - are addressed by the DiaEx diamond trading platform.

While the crypto world has already  recognized the opportunities that the GTN token provides, the diamond industry will benefit in terms of improved productivity and increased market scope.

The project brings together one of the biggest luxury industry and the latest technology, related to blockchain and digital currency.

More on this topic at ... https://glitzkoin.com/infopedia/diaex-diamond-sales-gtn-price-crypto-traders-01-0823

Hi blocktrasher18, very interesting question and thanks for asking it. Facebook has been talking on and off about launching its own crypto. We at Glitzkoin did realize that they will be legal and procedural hurdles for FB to surpass. The possibility of seeing a FB crypto in the near future appears quite bleak.

You will agree that the Glitzkoin GTN token has withstood some very tough times in the crypto markets. The reckless price movement of Bitcoin drove the markets crazy but, the GTN token managed to stay insulated from the chaos. This is mainly because the token is not totally dependent on crypto world demand. The Glitzkoin project is designed to power the GTN token with not one but, three layers of demand.

So no worry if the FB crypto does not happen. And what if it does? No worry either - Glitzkoin experts feel that, the FB token would likely fill the wide gap that exists between BTC and ETH.

Cheers bro and thanks for asking this very relevant question.

Hi kryptocatz, let's answer your second question first, the one about the mode of payment on the DiaEx platform. YES we do confirm that the Glitzkoin GTN token is the ONLY mode of payment that will be accepted on the diamond trading platform. Since the Glitzkoin project actually evolved from within the glittering industry, we can say with confidence that - diamond traders for long, been hoping for a mode of payment that does not involve lengthy and expensive banking procedures. While it is true that there will be a learning curve as, diamond traders begin to understand and use cryptos, it will be time and effort that is productively invested.

Second question: Stage 2 of the DiaEx launch will allow the purchase of diamonds on the platform. Use of the GTN to settle payments will increase demand for the token. This has the potential to positively impact the GTN price. No speculation, no guesses, no marketing hype, we will all need to work hard for this to happen and develop.

Thanks for appreciating the Gorrilla post on instagram, yes it is true. The crypto world has allowed itself to become a puppet of BTC and ETH for way too long. Its time to build a strong foundation by supporting a wider base of projects and cryptos.

Thanks for your post.

Hi Cryptoking, here is a simple explanation of the Stage 1 and Stage 2 implementation of the DiaEx diamond trading platform.

Stage 1: Diamond sellers register and upload their diamonds to DiaEx. A team of Glitzkoin diamond experts, scrutinize all uploads. The information uploaded for each diamond is cross checked against its certificate. A diamond listing that passes all these checks is released on the platform. Verified diamonds are visible on the platform.

Stage 2: Traders looking to buy a diamond on DiaEx will, see all the listings approved in Stage 1. The buying process commences and payments will be settled using the GTN token.

At this point both, Stage 1 and Stage 2 would be running as ongoing processes.

Let us know if this answers your query,  we will be glad to provide further clarifications.

Hi thisistheend63, you have put forward an excellent observation. The Glitzkoin project team includes personalities with various areas of expertise. Olga Rosina is a Russian diamond expert. Her comments about the price of synthetic diamonds were meant to narrate the present market scenario. The DiaEx diamond trading platform implemented as part of the Gltizkoin project, restricts to natural certified diamonds. Traders operating on DiaEx would use the Glitzkoin GTN token to settle payments.

The price of synthetic diamonds will have no effect on the DiaEx platform, this because DiaEx does not allow trade in synthetic and fake diamonds. Here is a more detailed report on the topic ... https://glitzkoin.com/infopedia/synthetic-diamonds-glitzkoin-team-olga-rosina-comments

Thanks guys, yes we are on Coinmarketcap now. The link is right at: https://coinmarketcap.com/currencies/glitzkoin/
There a number of numeric details that need to show up on the Coinmarketcap listing, the data is being compiled by them.

We have updated the Buy Tokens page on our website, you can now trade the GTN on Stellarport or Dobitrade or Cointiger.
Details and links are at: https://glitzkoin.com/buy-tokens

Thanks for your support.

As announced earlier, the Glitzkoin GTN token is currently trading on the DOBITRADE exchange. It continues to perform well and has worked to take the GTN token to DOUBLE its ICO closing price. You would remember that the Glitzkoin ICO pegged the GTN token in the $0.15 to $0.20 range. The token added 50% to that value and closed 2018 at, $0.30 - this while it traded on the Stellarport exchange.

We earmarked 2019 for new exchange listings for the GTN token, the DOBITRADE listing in April 2019 was the beginning. Trading on the powerful exchange, the Glitzkoin GTN token has hit the $0.40 level. This is a hefty 100% appreciation over the ICO closing value (of $0.20). We added a new exchange listing for the token in the month of may, the GTN now trades on Cointiger.

So you can now trade the GTN token on Stellarport (GTN/XLM): http://bit.ly/2QSUpPh
On DOBITRADE (GTN/BTC, GTN/ETH, GTN/USDT): http://bit.ly/2UPMkgq
On Cointiger (GTN/BTC, GTN/USDT): http://bit.ly/2JO5hct

For those of you who wished to stay updated through our Facebook channel, please head right here ... https://www.facebook.com/Glitzkoin/

Here are the details for the GTN listing on the DOBITRADE exchange, links have been provided to the GTN trading page on the exchange ... https://glitzkoin.com/infopedia/glitzkoin-exchange-dobitrade-gtn-buy-01-0122

It's happened guys, a new crypto exchange listing for the impressive Glitzkoin GTN token. The DOBITRADE deal has been finalized, expect to hear the exact launch date soon but, rest assured that this is 100% confirmed. And you can of course continue to trade the GTN token on Stellarport. More exchanges could be added to the list in 2019, they are in the negotiation stage so believe nothing until you hear our official world. Thanks to all of you for supporting the Glitzkoin project and the GTN token.

Hi blocktrasher18 and hi to all of you - the fact that crypto related laws are being implemented in an increasing number of nations is GREAT news. As Glitzkoin CEO Navneet Goenka has often mentioned, there is an urgent need to bridge the gap between technology and the real world economy. Crypto space cannot remain confined to an exclusive domain - it this does happen, crypto markets will need to rely on nothing but speculation to develop.

The very concept of Glitzkoin is tied to real world business and industry. The project is focused on improving productivity and market reach for the 90 billion dollar diamond industry. It is of course true that the GTN token is being actively traded by crypto traders on the Stellarport exchange. Don't forget that we are making strong efforts to increase the usage of the token in businesses.

You might want to review our take on Crypto Laws And Regulations at ... https://glitzkoin.com/infopedia/crypto-law-regulations-good-glitzkoin-01-1002

While we generally do not fling big names around, here is something that we just have to share with you. The CEO Binance, saying exactly what the Glitzkoin CEO Navneet Goenka has been saying all along, that - cryptos need entrepreneurs and real projects .... https://www.glitzkoin.com/infopedia/navneet-goenka-agrees-with-binance-ceo-01-0915  we could not help agreeing with that.

Hi blocktrasher18, yes the implementation of the Myticket.asia partnership is due in the first quarter of 2019. There are a few technical details to be accomplished and the tech teams on both sides are working together on that. The report on our website has more details https://glitzkoin.com/infopedia/glitzkoin-gtn-myticket-asia-partnership-01-0902

There were some of you who wondered whether, diamond buyers would actually make their purchase on the DiaEx platform. To begin with, the Glitzkoin project is promoted by a diamond veteran. Navneet Goenka has a clear insight into every aspect and function of the industry. The features of DiaEx have been conceptualized after a thorough study of the purchase and sales of diamonds. The DiaEx platform packs advantages that, have never been available in conventional trade. A detailed report on this topic has been filed on the Glitzkoin website at https://glitzkoin.com/infopedia/buy-diamond-blockchain-glitzkoin-diaex-01-0139

Hi this process is on schedule and we should be hearing the good news in the first quarter of 2019.