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ICOIN, Blockchain for Collaborative Production, Traceability, Secure Payments

Diamonds are an enduring symbol of love, commitment, and romance being more than just aesthetically beautiful. The symbolic meaning is well connected to its historic commemoration of everlasting love, the stone’s name being derived from the Greek word Adamas, which translates to “unconquerable”. Diamonds were first found in the Indian Archipelago about 2500 years ago, although they were formed 900 million years ago. Diamonds were valued at the beginning because of their practical use like having the ability to refract light as well as for their strength with usage in metal engraving and as cutting tools. Eventually, they served as talismans to ward off evil and were believed to provide protection in battle, cure illness and heal wounds. The Silk Road was the first trade route for these early stones.

The use of rings as a symbol of commitment dates back to ancient history, specifically to the betrothal (truth) rings of the Romans. These early rings, often formed from twisted copper or braided hair was worn on the third finger of the left hand. The placement of the ring was significant, as Romans believed that a vein in the third finger ran directly to the heart. For Romans, betrothal rings were given as a sign of affection or friendship, and did not always represent the rite of marriage.

ICOIN Policy: Reduce the Impact of the Mining Operations on the Environment

ICoin policy is to reduce the impact of the mining operations on the environment, through their Green Agenda initiative that undertakes its activities in a manner that strives to minimize or eliminate negative impacts and maximize positive impacts of an environmental nature. Millennium Mining is committed to responsible stewardship of natural resources and the ecological environment in a sustainable manner.
Continually improving environmental performance through assessments, the establishment and monitoring of objectives and preventing pollution through the implementation of processes, practices, and techniques to avoid, reduce or control the creation, emission or discharge of any type of pollutant or waste and to reduce adverse environmental impacts; The integration of environmental management into management practices throughout the Company; Minimizing the use of consumptive resources and promoting the reduction and recycling of waste products where possible; Rehabilitating disturbed land and protecting environmental biodiversity; Exercising prudence with critical ecological resources, in particular where impacts are unknown or uncertain; Managing environmental risk in the workplace and surrounding areas; Complying with applicable legal requirements and with other requirements to which the organization subscribes and which relate to its environmental aspects; Training and educating employees in environmental responsibilities; Being transparent and constructive in interactions with stakeholders; Grow local communities: schools, churches, housing; All mined and exported diamonds receive Kimberly process to show they were mined legally and ethically. Employees and contractors working on Millennium Mining operations play a fundamental role in achieving environmental objectives through Taking ownership of, and participating in, environmental management programs and initiatives and Integrating environmental concerns into everyday practices

Blockchain for Collaborative Production, Traceability, Secure Payments

Millennium Mining Corp. is set up as a Corporation in Sierra Leone. The ownership is held by the members of the IEO team. Dovid Hauck has been President, Chief Executive Officer and a director of MMC since its incorporation. He was also Chief Executive Officer of M & S Ventures Limited, a Sierra Leone corporation involved in mining diamonds, gold and other precious stones and metals in Sierra Leone. M & S Ventures Limited transferred its government-issued mining license to Millennium Mining Corp. Mr. Hauck was a salesperson and manager of Forest Diamonds, a diamond wholesaler

Blockchain can bring huge benefits to industrial companies such as Millennium Mining Corp: collaborative production, traceability, secure payments. A seamless use of digital technology to drive an efficient connected industry by utilizing Blockchain, Artificial Intelligence and state of the art Security and Privacy to implement a digital platform the Diamond Industry and the Cryptocurrency consumers can trust. 

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. 

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