One of the greatest inventions in the 21st century is the blockchain technology which has brought about new ways of doing things all around the world. The decentralization that the blockchain technology brought has been a major point of attraction that has made it virtually impossible to completely erase an already inputted data which has helped many sectors and industry. It has given a good sense of security, speed and accuracy. The financial sector is a major beneficiary of the blockchain technology.
The reality is, as cryptocurrency is gaining wider acceptance on a daily basis and the scope of its users and rate of adoption is very alarming. Yet there is no cryptobank that can simplify the interface between the cryptoworld and the fiat world. The fact is that, cryptocurrency is not yet widely accepted directly for day-to-day activities like shopping, paying bills and utilities which is a big limitation to its users.
The Good News ! !!
The good news is that, there is a platform on the blockchain that serves which aims to empower e-commerce marketplace through specifically designed smart business contracts. It provides an opportunity for every retail and online businesses to get adopted blockchain and smart contract facility into their business workflow and provide quality service to customers. that will link the cryptocurrency ecosystem with the conventional market. The name of the platform is CYBERMILES !
ABOUT CYBERMILES
This platform as the solution to the problems faced by entities in the e-commerce world has collaborated with the blockchain for this purpose so its effectiveness can be tapped and optimized for the improvement it planned to establish. All business contracts transactions will be handled now with apps made for such purpose and developers will have those apps designed to fit into any plan of a company or use such that the users find them helpful in the community. To write company's smart contracts is very simple here in this ecosystem, it provides a very transparent network and is positioned in a way that it is easily supported by the DLT. As scalable as it is, it has some efficient software components that makes it able to offer the services that it is able to offer and is linked to other operating systems like the Linux OS, Redhat and some other ones to be much more functional and able to sustain its solutions. the way it achieves development is also very special with the strategy being used, having a standard practice and using a remarkable software to function well. It is such a big innovation that forms a bond with another platform not as a partner but for that other one to improve it's performance rate.
It will first make users able to design their profiles on its ecosystem through their individual accounts because the profile will serve them so many opportunities in the community. Users that desire tl have loans will get it depending on the nature or type of profile they have created for themselves. The profiles will compose of the credentials of these users which would be uploaded at once to the account to form the profile. This is what will make one user different from another and the levels different also.
This platform will help to provide assistance for grown businesses that cannot handle the distrubution of their products to their clients. This is because when a company grows to an extent, it becomes very difficult for them to manage their entire operations and it can become a very heavy burden for them tl bear such that when they don't attend well to the system, it can lead to a crash of the entire business. So it means that owners of companies do not need to over work themselves to keep their company forward.
Advantages
One of the main advantages of CyberMiles is that it is community driven and community oriented e-commerce marketplace. The CyberMiles blockchain protocol will incentivize every community participants including buyer and seller. Adoption of blockchain technology brings transparency, security, and trust in every platform operation. Smart Business Contracts offered by CyberMiles will help every type of business to easily implement and automate their processes. This complements eliminates the need of any intermediaries and commissions associated with them. This helps to bring down products price and gives benefits to end consumers. This also helps to resolve any conflicts if arises between market participants. Decentralization gives power in the hand of community and they can decide and future developments and their voting helps to resolve any conflicts. Simple say, it is the community-driven e-commerce solution to every market participant.
CMT Token
CMT is the foremost token used in the network. Like Bitcoin and Ethereum, the token is paid to these who assist the network with the aid of validating transactions. In order to earn CMTs, community individuals want to:
- Validate purchases, loans, payments, credit history and other transactions on the community (all information is anonymous, secure, and encrypted on the blockchain)
- Validate and execute Smart Business Contracts on the network (these contracts are software program purposes that robotically decide who need to pay who at what time).
E-commerce organizations can use CyberMiles smart contract infrastructure to launch their personal unique tokens inside their platform (this is comparable to Ethereum’s ERC-20 tokens).
Custom tokens created by using e-commerce websites who connect to the blockchain can be used to buy items or for loyalty points programs.
It is good to see such a real use case projects are developing on blockchain technology. CyberMiles wants to revolutionize the e-commerce industry through decentralized blockchain solutions. The smart business contact offered by CyberMiles will be a game changer, it suites to every type of business model and ready to serve their customers. It is worth to note that CyberMiles is already made partnerships and is providing solutions to e-commerce participants.
Whatever, The blockchain system has been on the quest to revolutionize the operations of the normal world. However, with the emergence of this venture, it is a sure fact that the blockchain system will reach it full adoption.
Learn more about CyberMiles:
Website: https://cybermiles.io/en-us/
Read Whitepaper: https://cybermiles.io/en-us/cmt/whitepaper/
ANN thread: https://bitcointalk.org/index.php?topic=2344875
Telegram: https://t.me/cybermilestoken
Facebook: https://www.facebook.com/cybermiles
Twitter: https://twitter.com/cybermiles
Reddit: https://www.reddit.com/user/CyberMiles/
GitHub: https://github.com/cybermiles
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1767745
username: arsenalx420
CMT wallet address: 0xe7cdfa72d561b419fae0c86df5febe1bca7d9d14
Bounty0x: arsenalx420