Diamond and Blockchain Technology.
Greetings, friends! this time I want to give a little information to my friends about a very extraordinary company and we are with this company no doubt.
Before we get to the point of my discussion with friends whose names are DIAMOND, all human beings in the world must have known, not even just know and see, but maybe all of them already have the DIAMOND or INTAN.
However, what we know is that diamonds and diamonds may have become shapes and shapes, with this company having unmasked and the history of the origin and origin of a diamond or diamond.
This company along with its reliable team or a selection team from this company have worked hard for how the name DIAMOND is from priceless materials with their hard work being processed into extraordinary prices.
Therefore from this company while friends are still open wide opportunities for those who want to mine or who want to INVESTMENT IN THIS COMPANY is welcome by this company.
And for the INVESTORS in this company will surely roll up a huge profit, maybe you have not been getting another company so this is where you have the chance to become a world famous person because these company teams work with COMMITMENT and TRANSPARENT.
The rapid improvement of blockchain technology has contributed greatly to the digital revolution. It is believed that this technology will one day achieve massive adoption in various key sectors and will be responsible for handling most of the world’s exchange of values and information.
For some people, the fact that Bitcoin springs to mind about the mention of blockchain seems to indicate that the technology ‘does not yet exist’. However, blockchain technology is not synonymous with Bitcoin; one of the many applications is in the development of digital currencies (cryptocurrency), Bitcoin is an example.
Although the blockchain technology was originally developed as a publicly distributed ledger to verify and record Bitcoin transactions, it has later become clear that blockchain technology offers applications without limits than the P2P digital currency system: it can be used to store valuable information, which essentially creates the internet value.
Blockchain technology uses a general ledger system that is distributed to safely and eternally store data in containers called blocks. Several use cases continue to be discovered, with new blockchain platforms popping up now and then. One of the innovations developed to utilize the full potential of blockchain technology is a smart contract. Smart contracts are self-executable blocks of code that allow for smooth, automatic and secure exchange of tokens in blockchains.
Stemming from the need to eliminate third parties, smart contracts and tokenization work together, allowing nodes to carry out transactions without trust. This implies that contracts can be designed between individuals and the actions that have been determined are implemented automatically after the specified conditions have been fulfilled, without the need for a third party to verify the contract. So, for example, a landlord who rents out his house can cancel the lease agreement and make a smart contract to execute after the funds have been sent to a unique wallet address. Tenants will then get a digital access key after payment is verified.
In 2013, Vitalik Buterin proposed Ethereum, an open-source platform with a low entry barrier to allow programmers to easily develop and use decentralized applications (dApps). This development was funded through a crowdsale between July and August 2014 and the platform aired before the end of July 2015.
Development of smart contracts opens blockchain technology for use cases that have not yet been found outside digital currencies. Decentralized applications began to be developed in different industries, ranging from agritech, health care, aviation, government (especially election and election management), and even the diamond industry.
The Impact of Blockchain Technology on the Diamond Industry.
Like other large industries, blockchain has a lot to offer the diamond industry from its various breakthrough features. This can be summarized into three Qs: transparency, traceability and tokenization.
In an age where the global diamond market is taking the steps necessary to ensure sustainability and environmentally friendly by eradicating the conflict (or blood) of diamond trading and becoming ‘ecologically responsible’, blockchain technology seems – and has proven – to be the best approach.
The blood diamond trade continues to be a weakness for the industry, even with the application of the Kimberley Process. The Kimberley Process Certification Scheme involves local governments who work with international organizations to ensure every diamond batch sent from participating regions is certified.
But, let’s face it: humans generally don’t trust (centralized) organizations today; they trust technology more, because they can get insight into what’s happening behind the scenes. Apart from that, the certification scheme is complicated and complicated, with many processes and players leaving a lot of room for bad actors – even though they claim to have a success rate of 99.8 percent.
The process can be more efficient by applying blockchain technology to provide real-time data, from mines to jewelry stores. Blockchain removes central authority by serving as a single source of truth where working nodes must work together (reach consensus) to verify transactions. This will ensure that the mining process is fully transparent, guaranteed to eliminate bad actors.
Blockchain offers perpetual records of stored data, which implies that after the entire process is recorded, it cannot be retroactively tampered with. All mining data (time stamp, output, value) will be permanently recorded on the blockchain. Thus, a collection of diamonds can be easily traced back to the origin so that the owner can have full confidence in the traceability of their ‘clean’ diamonds.
In addition, auditing is fundamental to establishing sources throughout the diamond supply chain, and blockchain provides a platform for auditing and compliance with regulations.
Gold is generally preferred as a store of value by investors, mainly because there are easier ways to standardize its value. Diamonds are also a valuable natural resource, and they can easily overtake gold as the preferred choice for investors because they are portable and easily valued.
Blockchain provides a viable solution, with an irreversible decentralized ledger designed to track the data of each diamond (including its value and origin). To streamline the process, diamonds can be grouped into sets of the same value, and each set is packaged and recorded on the blockchain. After this is done, users can track diamond trading and movements throughout the supply chain using a unique ID on each set.
In another scenario, after information on each diamond batch has been registered on the blockchain, its value can be pegged. The token can then be used as a transfer value to buy diamonds. That way, traders can verify the origin of diamonds and ascertain whether they are sourced ethically.
Overall, blockchain technology can effectively resolve current shortcomings experienced in the diamond industry, especially sustainability and sourcing. This will surely open up more ways for distractions throughout the industry to trade in clean and sustainable diamonds.
The Company launches an initial exchange offering (IEO) with the goal to allow a collaborative extraction of diamonds. The IEO gives the possibility to acquire the machinery and workforce needed to run the operation. By doing this, token owners can take an active part in the story of Millennium Mining Corp by directly capturing a significant part of the company’s turnover.
Duration June 1st, 2019 – July 1st, 2019
- Token Name: ICOIN
- Total token supply: 1,550,000,000 tokens
- Minimum purchase per address: 100 ICOIN
- Accepted currency: BTC, ETH, USD via WorldMarkets.io
- Token emission price: 1 USD / token
- Distribution: Will take place instantly. Once the IEO period elapses, investors will be able to trade or withdraw tokens.
- Soft cap: 3,500,000 ICOIN
- Hard cap: 10,000,000 ICOIN
- Token Sale bonus: 3% of total token supply
YEAR Profit % Cash estimate
(USD / milion)
Impact on ICOIN
- Year 1: 100% $3,500,000 200% ($3)
- Year 2: 100% $6,000,000 400% ($5)
- Year 3: 80% $25,000,000 1000% ($11)
- Year 4: 70% $50,000,000 3000% ($31)
- Year 5: + 50% $50,000,000 5000% ($51)
2019Q3Launch of iCoin International
Kickoff Exchange initial offer
Mobilization of labor
2020Q1 – Q4Return on investment
First market injection
Mining growth potential
Identification of other mining locations
2021+Sustainable market injection
Other types of identification of natural resources
- Joseph Goldblatt: Project Manager
- David Hauck: COO
- Solomon Diaper: CFO
- Sherman Cheung: CSO
- Anders Johnsson: Advisor
- Sam Levin: Advisor
- Tudor Vesa: Counselor
To get even clearer information about the iCoin International project please visit the link below:
profil ; yai yai
wallet ; 0xf804A573185f41a1b88A7Eec8918569cda22dd0f