As the silver mining industry is continuously affected by decline of ore grade, the cost will only continue to increase. However, the biggest impact on the silver industry is not from the decline of ore grades, but from oil in the world. Production cost of silver has been affected by lower grade of silver ore.Due to decline of ore grade and the increase of cost, the output of the two largest silver mines in the world has registered sharp decline. The days of producing 15-20 ounces of silver per ton of ore are gone forever. Nowadays, the main silver industry is likely to produce silver only at an average of 4-5 ounces per ton. That also why the DST team are here with a great idea.
INTRODUCTION
DST is a decentralized silver ecosystem with underlying blockchain technology, utilizing smart contract protocol to allow traditional silver mining industrial to digitize the industrial resources, increase assets circulation and production efficiency, as well as increasing the credibility of quality assurance through credible and sophisticated verification process and warranty card certification.
AIM OF THE PROJECT
DST aims to build a silver mining ecosystem characterized by joint creation, integration, co-existence and joint consultation. The development of the mining industry is the process of the continuous extension of the industrial chain and the continuous evolution of the ecosystem. The development of the silver mining ecosystem will bring a breakthrough and subversive development of new kinetic energy for the progress of the industry and the win-win cooperation. DST is committed to build new mining ecosystem, expand science and technology, resources, funds, brands, public relations and investor relations, and contribute greatly in the promotion for the prosperity and development of silver with complementary advantages and evolutionary upgrading.
Silver mineral resources are heavy asset resources. It’s always been a topic of discussion within the industry of how to make the resources flow and liquidate. On the basis of the international silver retailing industry, DST will create a silver ecosystem with the help of blockchain technology, so as to digitize the industrial resources, make the assets circulate, and further promote the industrial development and innovation.
HOW IT WORKS AND FEATURES OF THE DCT PLATFORM
Decentralization
DST 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 Bookkeeping
The 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 Transparency
The 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 Verification
DST will ensure that transactions are verified within seconds. This is thanks to the optimization that they have incorporated into the blockchain.
Smart Contracts
The 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 Support
DST 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.
ABOUT ICO
The company is launching their Initial Coin Offering in 3 phases of private sales before offering it to the public. The private sale will start on April 11, 2018, and the public ICO will end on August 15, 2018. You can invest in the DST coin using Ethereum.
For more information visit the links below
Website: https://DSToken.io
Twitter: https://twitter.com/DST_io
Facebook: https://www.facebook.com/OfficialDST.io/
Telegram: https://t.me/DST_io/
ANN thread: https://bitcointalk.org/index.php?topic=3302445.new#new
My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1918721
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