The Glitzkoin – Myticket.asia partnership was announced in 2018. This agreement made the Glitzkoin GTN token, one of the designated mode of payments on the online ticketing portal. The actual process of integrating the systems of Myticket and Glitzkoin, involved a significant amount of technical expertise. It was decided to schedule the Myticket partnership launch, after the DiaEx module was fully developed, tested and implemented.
DiaEx which is a diamond trading platform, based on the Stellar Blockchain is another important component of the Glitzkoin project. DiaEx involved considerable development work. The systems were put through strenuous testing sessions, to weed out any bugs that might have been overlooked during the development phase. The testing phase was followed by a pilot run in which, real diamond trade transactions in the B2B and B2C categories were conducted. With no severe edits or corrections required after the pilot run, the full launch of DiaEx is on track to the first half of 2020.
With the DiaEx now readying for the 2020 launch, focus has shifted to the development and implementation of the Myticket-Glitzkoin partnership. This implementation will be used as a base to negotiate similar deals with other business houses.
Glitzkoin Business Development Manager Lila Ruzaini is excited about the Myticket-Glitzkoin partnership. She said, ‘… we have worked hard to ensure that the system integration is seamless, tech teams on both sides did an amazing job. Focused on increasing usage for the Glitzkoin GTN token, this partnership forms the blueprint for similar negotiations with businesses across various industries’.
Mikhail Kozlov the Russian business strategist and advisor to the Glitzkoin project agrees that, ‘… promotions and incentives will be required to draw people to pay using the GTN token. This is something that the Glitzkoin team is working on’.
GLITZKOIN: Glitzkoin is developed on the Stellar blockchain. The project includes the multifaceted GTN token that currently trades actively on 3 crypto exchanges (Cointiger, Stellarport and Dobitrade). Glitzkoin makes a direct connect to the multibillion dollar diamond industry. The project is promoted by second generation diamond veteran Navneet Goenka, it aims to improve productivity and market scope for the glittering industry. A comprehensive diamond trading platform (DiaEx) is part of the project, it supports both B2B and B2C trade in diamonds. As mentioned above GTN is traded by crypto traders on three exchanges, it is also designated as the mode of payment on DiaEx.