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.
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.
Blockchain is the underlying technology of cryptocurrency represented by Bitcoin, born with Bitcoin and associated with Bitcoin as its underlying technology. Bitcoin, which was created in 2009 by an anonymous person so called as Satoshi Nakamoto, is a digitally encrypted currency decentralized and transmitted P2P. With the rapid development and popularization of Bitcoin, the blockchain technology has shown an explosive growth, which has attracted the attention of social media, financial institutions and government departments. A blockchain is essentially a shared, trusted public general ledger that anyone can check on it, without being controlled by anyone. Participants in the blockchain system will jointly maintain the update of the ledger, which can only be modified according to strict rules and consensus.
According to its definition, blockchain has four main features: Decentralized, Trustless, Collectively Maintain, and Reliable Database. And these four characteristics have led to the other two: Open Source and Anonymity.
Become the company with most advanced technology and first-rate management in the field of silver to create a deep integration of industry cross-border development and build a silver mining ecosystem of “Blockchain + Smart Contract + Internet + Mining + Finance + Trading”
Market Overview
- 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.
- 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.
DST advantages
- 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 [Suspicious link removed]munity, expend marketing and commercial channels and to increase competitiveness
- To increase subjects appreciated by the public and investors
DST Foundation (Singapore) was established in 2018, is a non-profit institution jointly created by a blockchain technical team with member from Germany, Russia, Ukraine and USA, together with an advisory team composed by members from Singapore, Malaysia, Taiwan and France. The Foundation is committed to build a blockchain digital assets ecosystem in global mining and jewellery industries,
develop and research on blockchain technology; it aims also to get actively involved in social welfare undertakings, caring of senior citizens and disabled groups, and to promote implementation of blockchain technology in various projects by working together with mining and jewellery enterprises from all over the world.
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.
Silver is a common precious metal in daily life that has stable chemical properties, good thermal conductivity and electroconductivity, soft property, good ductility and good reflectivity. Because of these special physical and chemical properties of silver, it has extensive application in electronic and electrical appliances, jewellery and decoration articles, currency, photosensitive materials, medicines, antibacterial and new technical fields. In addition, as a precious metal for investment, silver also has the functions of maintaining value and resisting inflation. Therefore, silver is of significant importance in promotion of a country’s scientific, technical economic and social development as well as in maintaining of national security and stability. This article describes topics including current situation of global resources of silver mining, application on the market, supply and demand, price trends, mining investment, exploration and management etc.
For Information
Website: https://dstoken.io/
ANN: https://bitcointalk.org/index.php?topic=3302445.0
Whitepaper: https://dstoken.io/wp-content/uploads/2018/04/DST%20White%20PaperV1.1.pdf
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