Good evening dear subscribers! There is a saying: "Silver is more expensive than gold." It has many versions of appearance. Some say - it happened because of the sharp jump in the price of silver asset, while others due to the ancient use and use of silver ions. There are other opinions, but anyway, since ancient times, humanity uses this rare earth resource in their everyday life. Jewelry, Cutlery, in the form of money and even in medicine or in religion. Over time, its use only grows. Already now it is used in the most modern equipment,and silver is an asset available on almost any currency exchange.
Nowadays, the largest countries for silver mining are: China, Mexico, Peru, Australia, Chile. Extraction of any mineral is labor-intensive, expensive not only in monetary terms, but also requires a large number of man-hours. This is a very large industrial sector, using large and heavy equipment. If we take the whole process from the stage of discovery of mines, say to the final jewelry, to present the volume of all work will be a difficult task. Many enterprises are combined into various holdings and funds to simplify the extraction of minerals. One of these was the DST Fund.
DST, was established in 2018 and is based in Malaysia in the city of Singapore. It is a non-profit institution that includes employees from different countries, whose goal is to create an ecosystem in the form of digital assets under the control of Blockchain technology, in the global mining and jewelry industry. It has long been a known fact that Blockchain is an innovative technology with reliability, transparency and security. In addition, it allows you to scale almost any business built on it. Looking at how the Blockchain is developing, the DST team has the opinion to make it a leader in the field of advanced technologies in the silver sector. Why not? DST, using Blockchain will accompany all the way of silver mining, up to its retail and e-Commerce.
DST Foundation
DST uses distributed explanation and storage, location is no centralized munition or social control social group with comparable rights and obligations at any node. The data blocks in the scheme are well-kept by the nodes with reparation functions in the full-page system. From method perspective, establishing the profession of localized property is of seditious importance for up ratio and increasing concern frontier. DST blockchain adopts a thin mutual explanation technology, a full net accounting grouping with common activity and cooperation, which is contributory to habitus a system that all could benefit. Exploitation an accord algorithmic program to evidence and sustain all dealings records transparently and exploitation scientific discipline algorithms or else of intermediaries could decrease greatly disputes and time useless compared to the conventional centralized mode. Structure of a crystalline scheme for subject matter merchandise will let easy supervising and powerfulness in time period the actual dealings message on the platform. Built-in cagey contracts. A set of commitments characterized digitally is a part of agreement of DST, and blockchain is changed into a political party of the contract, responsible the maintenance, protection of the written agreement and its self-activating execution provision of triple assets. DST blockchain can activity dissimilar types of customers and supplying and dealing of double assets. Each quality can be tracked with info like its issuer, issued abstraction and dealings etc.
HOW IT WORKS AND FEATURES OF THE DCT PLATFORM
DecentralizationDST will use the blockchain to ensure that no one power has the central management of the processes in the ecosystem. Nodes that are spread throughout the ecosystem maintain all data blocks in the system. With decentralization, it could help to make things quite efficient. It will also make it possible for the ecosystem to reach every part of the world.
Full Net BookkeepingThe DST blockchain will adopt distributed accounting technology; this will create an environment for the creation of a credit system that benefits everyone. With the help of a consensus algorithm, all transactions will be recorded and verified in a transparent manner. This will eliminate all intermediaries, thus reducing disputes and time wastage.
Professionalism And TransparencyThe DST distributed storage will have timestamps, which cannot be changed. That will ensure that issues like counterfeiting will be impossible on DST. The use of the blockchain will ensure that the system will be transparent and easy to supervise. Every transaction will be tracked in real time without any way to cheat.
Fast VerificationDST will ensure that transactions are verified within seconds. This is thanks to the optimization that they have incorporated into the blockchain.
Smart ContractsThe smart contracts are a set of commitments that are digitally defined. The commitments are secured by the blockchain, which means they are impossible to alter. Besides that, they are automated, which means no one can ever alter them.
Multiple Assets SupportDST supports different types of assets. Every asset on this blockchain can be tracked using a unique set of details. This ensures that everyone in the silver ecosystem can benefit.
Advantages of the blockchain
An attack, that has an effect on the central node, like intermediaries of third party payment, will destroy the entire system, whereas during a decentralized blockchain network, attacking a single node will neither management nor destroy the entire network.Bitcoin has been named “digital gold,” and for a good reason. To date, Like the computer network (or your car), you don’t need to know how the blockchain industrial plant to use it. However, having a primary noesis of this new application shows why it’s thoughtful revolutionary. So, what is Blockchain guide.
Features
Significance of Blockchain in DST's Silver Ecosystem:
- To digitalize silver mining industry with blockchain so as to enhance its liquidity and obtain cash flow.
- To track origin of mineral products with blockchain so as to ensure its uniqueness and exclusiveness can't be tampered.
- To increase financial service abilities of the industry, the payment application of the industrial chain and the applied scenarios.
- To promote relevant cultural projects with blockchain community, expend marketing and commercial channels and to increase competitiveness.
- To increase subjects appreciated by the public and investors.
Technical Info
DAPP system is a public chain system. It refers to a consensus blockchain that anyone in the world can read, get effective confirmation after sending transaction order. The characteristics of the public chain are neutrality, openness, decentralization, immutability, network effect and high resistance to verification. DAPP uses the built-in token (DST) to become a pass authentication operation for the blockchain system, and DAPP will be built Ethereum, using POW to determine how to reach the consensus and reward of each node running DAPP. DAPP will use smart contracts of Ethereum as an anti-counterfeit mechanism for the combined blockchain, compiling the contract content with programming code and transferring the content of the digital contract to the computer for execution. The advantage of the contract on blockchain is that the contract will not be arbitrarily modified or interrupted due to intervention; and the contract signing is executed automatically by the computer instead of humans so as to avoid various disputes arising from human
factors and, of course, be more efficient than executed by humans.
THE TOKEN AND THE DETAILS OF THE ICO
The DST token, developed on the basis of Ethereum and having the standard ERC20, is a share of the project. Investors who have invested their funds in the initial stage of the ICO, count on a long-term perspective, so the mining business is in demand in the world.
ICO will be held in several stages: private sales and public, during which bonuses will be available. The output tokens on the exchange is scheduled in September 2018., and their announcement will be announced a month earlier.
- Ticker: DST.
The total number of coins: 545,000,000 DST.
Total for sale allocated: 70,000,000. DST.
Private sales start: April 11, 2018
Start of public sales: June 15, 2018.
End of ICO: August 1.
The price of a token: 1 ETH= DST 1,500.
Minimum investment: 1 ETH.
Accepted currency: ETH.
Roadmap
For More information follows;
Website: https://dstoken.io/
White paper: https://dstoken.io/wp-content/uploads/2018/05/DST-White-Paper-V2.0.pdf
ANN: https://bitcointalk.org/index.php?topic=3302445
Bounty Thread: https://bitcointalk.org/index.php?topic=3356982
Facebook: https://www.facebook.com/OfficialDST.io
Twitter: https://twitter.com/DST_io
Telegram: https://t.me/DST_io
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