Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been hard efforts to implement blockchain on several aspects of global business processes, Blockchain technology has been described as having the potential to disrupt many industries at low cost. transactions, eternity, and enhanced security. In the following years, many other blockchain implementations have been developed with each showing unique features tailored to specific use cases.
Blockchain has made it possible to issue almost all assets through the distributed ledger framework. With the help of cryptocurrency tokens, these assets can be given economic value to start and validate some transactional processes. Several on-chain protocols have been developed by a number of startups and companies that were established to create blockchain-based solutions.
On this occasion I will provide interesting information, especially in the world of Cryptocurrency. This time the ICO project is related to the world of Trade and investment named Before the discussion, it is better to read reviews that can help obtain information in seeing their vision and mission. Hopefully this information, of course, will give you a little insight and interest in getting involved with the ICO CyberMiles project.
CyberMiles is the blockchain technology being developed by 5xlab, a blockchain development laboratory. 5xlab is working closely with 5miles, a leading c2c marketplace operator with more than 12 million users in the US. 5miles is expected to be the first platform to utilize CyberMiles’ blockchain protocol, and will also assist 5xlab to develop the technology. Over the last 3 years of leading innovation in online & local marketplaces, 5miles has accumulated the necessary technical and commercial know-how to tailor blockchain technology & smart-contracts for real-world applications. 5xlab seeks to use this expertise to develop CyberMiles, with focus on trust and compliance. This will enable it to be a mainstream blockchain technology for real-world businesses.
CyberMiles solutions are numerous, an all in one Blockchain solution to the e-commerce economy. The innovation offered by revolutionary blockchain has lead to the creation of massive ideas and resources through CyberMiles, which the first is smart business contracts this enables businesses owners to easily deploy their business on the blockchain. As the blockchain has been a very valuable and useful technology to numerous sectors and utilizing it here has conveyed to the massive development of business. CyberMiles has developed it a platform to enables businesses owner to use the blockchain to market, sell and manage their business.
CyberMiles Foundation, a non-profit based in Hong Kong, is responsible for the CyberMiles project. The organization also has partnerships with capital companies such as Blockchain Ventures and ArcBlock, a company whose goal is to become the first blockchain to support the development and deployment of decentralized applications.
Following are the references available in the CyberMiles middleware system:
- Machine rules: Regulatory machines ensure that business contracts comply with definite regulations in a practical and efficient manner.
- Business Process Manager (BPM): A computing device that mimics the implementation of a multi-step contract. After both sides agree to the contract, BPM enters with a rule engine to decide which next steps to take.
- Distributed databases: Distributed databases are needed to practice complex frameworks and store software data and then replicate across nodes on the blockchain. The transaction effect is stored on the blockchain itself as a substitute for the database provided.
- Distributed file and record storage services: Files provided and record storage providers work with Smart Business Contracts to supply access to file offerings for larger data documents needed for making selections.
- Distributed webhook provider: Distributed webhook devices can get exterior opportunities (eg FedEx delivery notices) related to Smart Business Contracts. Smart Business Contracts can also be reused, meaning that the main time period can be easily changed. This reduces the time and price of the growth of new company applications.
Another key function of technology knowledge is that CyberMiles dAPP manages records that are not in a position to be stored on the blockchain for privacy or overall performance reasons. However, this record can be easily transferred to a Smart Business Contract. This concept is for other E-commerce needs to be built on CyberMiles in the future.
CyberMiles collected $ 30 million in the ICO after distributing 420 CMT at the end of November, making it one of the most profitable ICOs to date. 280 million other CMTs in the past have been allocated in all previous private sales.
"We are pleased that our token donation program has met with a passionate hobby from the community," said Dr. Lucas Lu, CEO of CyberMiles and founding member of 5miles. "The public blockchain platform that we have made can be managed to revolutionize e-commerce, so that environmental assistance is an integral part of funding this initiative."
After the token is sold at ICO cost of $ 0.0524, it rises to $ 0.036189 using the beginning of January. Currently the trend is close to January prices.
Token Details
- Token: CMT
- Platform: Ethereum
- Available for sale: 700,000,000 CMT
- Total supply: 1,000,000,000 CMT
- Raised: $ 30,000,000
- ICO Price: ≈ 0.0524 USD
- Accepting: ETH
- Hard cap: 700 000 000 CMT
- Country: USA
Conclusion
CyberMiles is the blockchain technology being developed by 5xlab, a blockchain development laboratory. 5xlab is working closely with 5miles, a leading c2c marketplace operator with more than 12 million users in the US. 5miles is expected to be the first platform to utilize CyberMiles’ blockchain protocol, and will also assist 5xlab to develop the technology.
For more information about CyberMiles, please click the link below:
- Website: https://www.cybermiles.io/en-us/
- Whitepaper: https://cybermiles.io/en-us/cmt/whitepaper/
- Ann Thread: https://bitcointalk.org/index.php?topic=2344875
- Twitter: https://twitter.com/cybermiles
- Facebook: https://www.facebook.com/cybermiles
- Telegram: https://t.me/cybermilestoken
Author: Jampang Kupret
Profile: https://bitcointalk.org/index.php?action=profile;u=1573104
CMT Wallet Address: 0x4bc0714292dbe2c0d41ce37a66c6c4475b468f9b