Jul 12, 2018
DST Ecosystem Model
DST aims to build a silver mining ecosystem characterized by joint creation, integration, co-existence and joint consultation. The evelopment 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.
DST's Building a Silver Ecosystem with Blockchain
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 evelopment and innovation.
Significance of Blockchain in DST's Silver Ecosystem:
Advantages of DST’s Innovative Business Model：
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 humanfactors and, of course, be more efficient than executed by humans.
DECENTRALIZED SILVER TOKEN (DST)
DST provides a very trustworthy formula, thanks to its use of blockchain, and smart contract that meets the challenges encountered while mining, processing and investingin precious metals. It addresses challenges relating to production quantity, quality inspection, timing inspections and much more allowing effective sales and development via pre-ordering merchandise. DST seeks to increase transparency and fluidity enabling franchise investors and manufactures to attain P2P agreements.
While the ecosystem is relevant, practical and promising the fact mineral mining is non-renewable can taint the future of this otherwise great idea. It is, however, clear careful considerations went to its inception and creation. Because of my reservations on platforms related to minerals resources, I will not invest in the platform.
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