What is Cybermiles?
Cybermiles (CMT) is a blockchain technology being developed and operated by 5xlab - a blockchain research and development institute. 5xlab cooperates with 5miles - a world-class expert group from My and China. 5miles was founded in 2014 and has raised about $ 62 million from well-known investment firms such as IDG, SIG, Blue Lake and Morningside.
5miles intends to be the first platform to use CryberMiles' blockchain protocol, while supporting 5xlab for more robust technology development. 5miles has been a leader in innovation in online markets and offline for 3 years, 5miles has enjoyed the technology and trade required to renew blockchain technology and smart contracts for practical applications. 5xlab will search for solutions to apply their expertise to developing CyberMiles with the trust and dedication of the development team. This will help CyberMiles become the leading blockchain technology for practical business activities.
Brief introduction about 5miles
5miles is a business standing in the top of e-commerce in the world, connecting consumers with consumers (c2c) in the US. Currently the company's top app is called 5miles application and there are up to 10 million registered users in the US, according to estimates exceeding US $ 3 billion in total transaction value in 2017. Besides, 5miles app is also ranked in the top 10 best shopping apps in the US. On average, 5miles users spend 24 minutes a day for the application, which is an important factor that makes 5miles application one of the most attractive e-commerce applications in the US. 5miles is run by Dr. Lucas Lu, formerly a co-founder and chief technology officer (CTO) of Light In the Box, a company listed on the New York Stock Exchange (NYSE). . In addition, Lucas used to be the first executive director of Alibaba's Taobao mobile platform.
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.
What difference do CyberMiles and Ethereum have?
CyberMiles (CMT) is developed specifically for trading and commercial applications. Commonly used platforms tend to be less effective for contracts that govern specific commercial transactions because those platforms are not born to serve these purposes. In contrast, CM is currently being developed to build intelligent contracting modules to maximize the effectiveness of the information technology needed for timely transaction completion. CyberMiles is the next generation blockchain for smart contracts. CyberMiles smart business contracts are designed to be more powerful than the smart contracts of Ethereum. It will become the next Ethereum generation (ETH). Cybermiles is optimized for e-commerce applications. It will provide an immense library for smart business deals involving e-commerce. This has created a powerful CyberMiles capable of establishing decentralized commercial applications. Like ETH of Ethereum, applications created from CyberMiles are able to use CMT to release their own ICO. The number of more than $ 1 trillion is the size of the market for e-commerce applications.CyberMiles can support tens of thousands of transactions (TPS) per second through the most advanced stage of combining the most advanced ideas and the most advanced features of the Proof of Stake (PoS) engine has been Consensus. According to the charter signed on the contract, today Ethereum only supports 10 TPS. Because CMT is optimized for e-commerce use, it is designed to simplify authorization payments like Ripple (XRP). XRP arranges transactions between major banks while the task of CMT is to arrange transactions between e-commerce and financial units where each unit is provided with the same capabilities and powers. any unit has the right to initiate a conversation.
Token structure
- Token ticker: CMT
- Total tokens: 1 billion
- Present circulating supply: 800 million
The CyberMiles CMT token is presently listed in top 20 cryptocurrency exchanges such as Binance, OKEx, Houbi Global etc.
Token distribution
Where to buy Cybermiles?
You can buy CyberMiles (CMT) on some well-known exchanges such as Binance, Okex, DigiFinex, Huobi. Bithumb, Coobinhood and many more.
Long-term investment is very important for you later and can be profitable because CyberMiles continues to make the best efforts for its investors. CyberMiles is already implementing their plans as their testnet, Travis, is already running. They also conducted a successful ICO and the CMT is currently more valuable than it was which is good news for anyone who purchased them. Greater things are still to come with CyberMiles.
project team
partnership
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
About Author:
Bitcointalk username: btcalttalk
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2579899
CMT wallet address: 0xd0175e39838ff2d6ee4093aa00121b6f336de3bd
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