CyberMiles is the next generation blockchain designed and optimized for e-commerce

E-commerce is part of e-business, where the scope of e-business is broader, not just commerce but also includes collaborating business partners, customer service, job openings etc. In addition to www network technology, e-commerce also requires database or database technology (e-mail), e-mail, and other forms of non-computer technology such as shipping systems, and payment instruments for this e-commerce.

Migrating 5miles of user data to the CyberMiles blockchain is being implemented as planned. We have started exploring DApps e-commerce. At the same time, the technical team is planning to upgrade the main virtual machine to support alternative gas cost mechanisms, which will greatly reduce the barriers to entering the DApp and allow far more users to experience CyberMiles blockchain technology. Based on community input and suggestions, we will also adjust the DPoS protocol award mechanism for better transparency.

5miles is a c2c application (consumers to consumers) that allows users to resell items to other customers. Ranked number ten in the SimilarWeb shopping top application, 5miles handles the problem of waste of goods in the world that used to be a commodity. And this provides a platform for local companies to advertise and offer goods and services.

5miles has received investments from GIS, IDG, Morningside and Blue Lake. As a company, it has access to 11 million users in January 2017. 5miles intends to make its CMT tokens available in various wallet systems and virtual machines. 5miles, along with the foundation of their blockchain research, CyberMiles want to use CMT (CyberMiles Tokens) to further decentralize their markets.

CyberMiles was developed by the CyberMiles Foundation. CyberMiles are the next generation blockchain designed and optimized for e-commerce and for mainstream adoption. By targeting e-commerce and online markets, CyberMiles with the collaboration of 5miles Holdings Limited will integrate the latest blockchain innovations to empower the Smart Business Contracts on a very effective chain to solve the problem of delays associated with existing blockchain. The utility token, CyberMiles Token (CMT), is the main token for funding and empowering new e-commerce applications and projects, such as how Ethereum is used for the current ICO generation. The most prominent of all things is that CyberMiles is fully compatible with Ethereum, can run all smart contracts and Dapps Ethereum! Their official site 'statement says that it is 100 times faster than Ethereum in terms of transactions per second! Throughout network development, the CyberMiles Foundation will support a decentralized governance platform, with strong involvement by members of the ecosystem.

As you already understand, one of the most popular e-Commerce sites in the United States, which has been successfully operating since 2014 and is actively developing from year to year, has become our concern. 5miles managed to use the C2C relationship model in its resources between sellers and their consumers, and also had all the tools needed for the participation of small and local businesses that would not be able to buy such high-quality marketing techniques. That is why the main goal of 5miles is to create a truly new modern market environment, where everyone has the opportunity to sell and buy goods, regardless of scale and level.

We can say that CyberMiles can be a big game changer on the blockchain because it gives innovators, companies, network investors who are different but fast, trustworthy. The following are places identified by the CyberMiles team as potential targets for them:

Decentralized identification management platform.
Market for peer-to-peer small business loans
A more efficient supply chain
Overcome fake problems
Automatic Escrow
ICO Platform for E-commerce
Fast but cheaper than other networks.
Coin Cybermiles allows connection of other platforms to be developed together
Language level and Virtual Machine level extensions to Ethereum's smart contract platform to support complex e-commerce contracts.
Interoperability of token assets with other blockchain.

The CyberMiles team has completed their Testnet on March 30, 2018 and then they migrated from the Ethereum blockchain to the own Cybermiles blockchain. And now part of their journey, the team, the developers are touring around the world, winning so many awards for being one of the best blockchain-based projects out there!

Sales of CMT tokens are targeted at end-user platforms. One billion tokens will be released to the public at first. 700 million tokens will be released to end users with a 300 billion reserve for the foundation of 5miles and Cybermiles.
100 million will be allocated previously to 5 miles for platform implementation. Another 100 million will be given to the Cybermiles Foundation for technology and operations development. And the last 100 million will be set aside for future releases for end users for promotion and encouragement purposes.

CMT will develop under the dPoS protocol at a rate of 8% every year for a period of ten years. After ten years, the foundation will decide what CMT levels will continue to grow. It is important to note that when the market develops, CMT can also be used as the basis for other market tokens. 5miles hopes to become the first CMT commercial product in June 2018. Pre-registration, or KYC, ends on November 21. So that anyone can participate in sales, they must register first. ICO for CMT from November 21 to December 5.

Distribution of tokens and funds are as follows:

The ultimate goal of CyberMiles is to revolutionize the workings of E-commerce & markets. With so many newcomers, interesting projects with innovative ideas in blockchain technology and their trust in a decentralized platform. I think CyberMiles achieve their goals as stated in their whitepaper, so they will also be a big attraction for blockchain users. We know that CyberMiles smart contacts are based on the most popular programming languages out there like Java, Python, GO, JavaScript etc. This is another great thing from the CyberMiles team because most developers from various projects can smoothly use Smart CyberMiles Token contracts to run their code on the CM platform. I am very happy with this upcoming event.

TEAM

You can get acquainted with the project in more detail by referring to the social and media resources proposed below, where the developer has prepared a complete review and analysis of all the technical components of all their concepts. As well as a number of other supporting material and articles.

FOR INFORMATION:
WEB SITE https://www.cybermiles.io/
WHITEPAPER https://cybermiles.io/en-us/cmt/whitepaper/
FACEBOOK https://web.facebook.com/cybermiles?_rdc=1&_rdr
TWITTER https: // twitter.com / cybermiles
TELEGRAM https://t.me/cybermilestoken

Author: Mikdad1018
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2343017