iCoin International - Investing in real diamond mining

I am pleased to welcome you to the iCoin International website – a company whose strategic goal is to develop technology designed to solve environmental safety problems.

This project is part of our priorities, company details can be found on the iCoin International .com website.

As part of the project, a professional team consisting of like-minded people was formed. During teamwork from research to prototyping, the team demonstrates goals, resources, and professionalism. Today, when we are as close as possible to the launch of industrial technology applications, we have formed a friendly and effective team devoted to the results. Regarding economic indicators, this project is interesting for the possibility of transferring cryptocurrency funds into real money with good conversion rates.

This marketing is market driven, because in a crypto currency environment there are two situations in strategy and investment.

According to a recent international study conducted by Unilever, one in three people will choose to buy from a brand that they believe positively contributes to social and environmental impacts. It’s no secret that we are becoming increasingly aware of how the choices we make – and the decisions we make – affect the world at large, especially the environment. This applies to every industry, especially those who mostly leave the environment affected by their activities (the mining industry, for example).

In recent years, the diamond mining industry has become a critical spotlight because some of its impacts are not very positive on the environment. Our environment has been adversely affected by unwise and unregulated diamond mining operations that cause air and water pollution, soil erosion, deforestation, and local resettlement.
Diamond mining has a smaller negative effect on the environment compared to others (such as gold mining), mainly because it does not use toxic substances. However, mining operations have had harmful effects on wildlife, with the construction of dams and river rearrangements that exposed the riverbed.

In severe cases, diamond mining can destroy entire ecosystems. Erosion can destroy the topsoil, making the soil unsuitable for agriculture. In the Kono district of eastern Sierra Leone, thousands of holes were left behind in abandoned mining operations, which posed a health hazard. They are filled with water when it rains, becoming a breeding ground for mosquitoes and other disease vectors.

The Canadian Arctic Islands are very delicate ecosystems and are therefore regulated to protect the environment. Likewise, African countries such as Botswana and Namibia have succeeded in protecting the environment from the negative impacts of mining.

In addition to implementing strict regulatory practices, rehabilitation can be carried out on landscapes altered by diamond mining. In the countries mentioned above, land restoration is usually carried out when mining operations have been completed, so as to reverse its negative effects. In the Kono district, the landscape has been restored while the land appeared to be damaged at first.

Millennium Mining Corp is a diamond mining company in Sierra Leone, founded with the aim of making diamond mining environmentally friendly and more sustainable by taking steps to preserve the environment and give back to the community.

This will be achieved through our Green Agenda initiative; the mandate to carry out mining activities in a manner that seeks to reduce or eliminate negative impacts and maximize positive impacts on the environment.

Millennium Mining is fully committed to responsible management of natural resources and the environment in a sustainable manner by:

Establish and monitor objectives directed at preventing pollution through the application of practices and techniques to avoid, reduce, or control the accumulation and disposal of pollutants;
Integrate environmental management into management practices throughout the Company;
Minimize the use of consumptive resources and promote the reduction and recycling of waste products if possible;
Rehabilitate disturbed land and protect environmental biodiversity;
Exercise caution with critical ecological resources, especially when the impact is unknown or uncertain;
Manage environmental risks in the workplace and surrounding areas;
Comply with applicable legal requirements and with other requirements to which the organization subscribes and those related to its environmental aspects;
Train and educate employees about environmental responsibility;
Be transparent and constructive in interactions with stakeholders;
Building local communities: schools, churches, housing;
hat are mined and exported to show that they are mined legally and ethically.
It is important to know that Millennium Mining employees and contractors play a fundamental role in achieving environmental goals through:
Take ownership of, and participate in, environmental management programs and initiatives; and
Integrate environmental problems into daily practice.

Running a Transparent Mining Process using Blockchain

According to the Brain Statistics, Sierra Leone is the second in countries with the highest conflict diamond production, which is one percent of world diamond production. It lies directly behind Angola, which produced 2.1 percent in 2016. Conflict diamonds account for 15% of Sierra Leone diamond production.

The diamond industry has been plagued by a lack of transparency, with most people wondering about the source of their diamonds. This will be dealt with effectively by applying blockchain technology to ensure that the mining process is fully transparent and auditable.

Blockchain technology is currently the most disruptive innovation in the world. This allows unlimited value transfers to decentralized networks without compromising information integrity. This will be used to connect the token owner with real-time mining data, and also to store transactions that are validated safely by smart contracts. We implement smart contract functions on our platform for validating transparent financial transactions and recording the time spent throughout the entire diamond industry process, from sales to token conversions.

The consensus protocol will be published on GitLab before crowdsale, under an open-source license (MIT) for the code and a Creative Commons license for documentation. It’s free to use, and can be applied in any industry that produces goods and services.

In our case, the success of diamond extraction will be timed through a process that is regularly audited and recorded on the blockchain so that the public can review. This ensures that the mining process is fully transparent and can be audited in real-time, which will be accessible forever.

The aim is to give ICOIN holders detailed information about where and how their tokens are spent. Our time stamps and audit and security processes are guaranteed by:

Hire G4S to secure the site and processing area
Rigorous personnel training
24-hour video surveillance and monitoring
Conduct monthly, quarterly and annual financial audits through KPMG

The effect of years of unmanaged diamond mining has created a strong need to protect the environment in every way. Millennium Mining Corporation aims to become a major industry player in the diamond mining industry by applying blockchain technology for sustainable and environmentally friendly diamond production.