Cybermiles - Smart Contracts for E-Commerce

CyberMiles is creating a world in the blockchain era where any person, entity or company can create or generate their own market as well as manage that community so that the vote of each person within it counts as a participatory point of view! This company will be a new protocol of the blockchain era where its platform will support decentralized processes that will be given thanks to intelligent contracts implemented at each block of CyberMiles. In his official website in English https://cm.5miles.com have a section where they say they differentiate themselves from the current cryptocurrency most used for smart contracts I mean the Ethereum, they claim that their difference is that they focus on commercial and market applications in the real world, such as markets for buying and selling , online auctions and electronic commerce, the latter with a big boom in recent years E-Commerce. CyberMiles will take advantage of what blockchain technology provides to generate a comparative advantage with platforms that we know today as Uber and EBay itself, which will undoubtedly make them reach an optimal balance between efficiency and compatibility.

This cryptocurrency called CyberMiles token, will be obtained in the CoinMarketCao once the ICO in its acronym CMT, the development behind it comes from the company 5xlab that ensures that your token is in development so that in the not too distant future it can be a highly liquid cryptocurrency that covers the compatibility of many applications where its adoption will undoubtedly increase, if you want to know more about this ICO I recommend you do not hesitate to contact them. At this moment you are 18 days away from launching your ICO so I will be posting several comments about the project so I ask you to keep it on my blog!

CyberMiles is the blockchain technology developed by the CyberMiles Foundation, a blockchain research lab working closely with 5 miles. 5miles was formed in 2014 by a world-class team from China and the USA. UU Since its inception, 5 miles has since raised approximately USD 62 million from top-tier investment firms such as SIG, IDG, Morningside, and Blue Lake. Since the launch of its application in 2015, 5miles has already been established as the Top 10 purchasing application, with more than 12 million users and USD 3 billion in annual transaction value.

Its founding CEO, Dr. Lucas Lu, was previously co-founder and CTO of Light In the Box, a company that was made public on the New York Stock Exchange. Prior to that, Lucas was the first general manager of Alibaba, Taobao Mobile Platform.

5miles proposes to be the initial ecosystem to apply real-world applications of the block chain solutions that the Foundation is developing

I believe that this Application will help small businesses and consumers to have everything as large corporations using all the resources and advantages that smart contracts can provide.

Some Frequently Aasked Questions:

👍 What is CyberMiles?

CyberMiles = Linux system + blockchain technology

Focus on the smart business contract. Our goal is to incorporate blockchain technology in the real world of business

👍5miles, it will become the first Dapp in CyberMiles Blockchain!

5 miles = 5 miles (Craigslist) + Cybermiles Blockchian + 12 million e-commerce users in the United States
5miles is one of the 10 best shopping apps in the US UU
5 miles received $ 62 million (USD) from SIG, IDG, Blue Lake, Puhua
5 miles exceeds 12 million users and $ 3 billion annual transaction value.
👍 CyberMiles VS ETH, what is the main difference, and why should we create Cybermiles?

CyberMiles is optimized for e-commerce applications. It will provide a large library of intelligent commercial contracts related to trade, making it very easy to create decentralized commerce applications.

Like ETH in Ethereum, applications created in CyberMiles could use CMT to issue their own ICO. The size of the market for e-commerce applications is more than $ 1 trillion.

CyberMiles could support tens of thousands of transactions (TPS) per second through a state-of-the-art Proof of Stake (PoS) consensus engine. In contract, Ethereum today only admits 10 TPS.

CyberMiles encourages effective participation. The new tokens will be coined over time as the network grows. As the CMT token holders are crucial to the DPoS consensus, they have the opportunity to receive new tokens.

Because CMT is optimized for the use of electronic commerce, it is designed to facilitate decentralized solution such as Ripple (XRP). XRP liquidates transactions between large banks, while CMT will settle transactions between electronic commerce and financial shares on an equal footing.

CMT will become the first cryptocurrency to be used by more than 12 million users in the US. UU The CyberMiles network will soon be several times larger than the Ethereum network.

The partnership with 5miles gives CyberMiles a quick start integrating its 12 million users and $ 3 billion of annual transaction value into the network. The user data explains why other e-commerce applications will be built in CyberMiles.

Strategic Cybermiles strategic association (a more powerful list of partners will be launched soon)

They empower developers to reshape billion-dollar industries across the world.
They empower smaller businesses to thrive where they otherwise risk being forced out by giants like Amazon.
They empower communities by giving more incentive to participate in all the proceedings of a c2c(consumer to consumer) marketplace, which normally would be controlled by a few people in a centralized manner.
It’s democracy at its best, and a new revolution in decentralization.

The ideas presented in this article is just a small portion of the possibilities with CyberMiles.
I strongly recommend everyone to read through the white papers. They are well written and easy to understand, even for the not so tech-savvy.

CYBERMILES REFERENCE INFO

CyberMiles Website : http://www.cybermiles.io/
Technical Whitepaper : https://cm.5miles.com/file/technical/Technical%20Whitepaper_en-US.pdf
Project Whitepaper : http://www.cybermiles.io/file/project/Project%20white%20paper_en-US.pdf
ICO Token Distribution Key Details
5miles Website : https://www.5miles.com/

Author : pathi87
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