CyberMiles

Hello everyone met me again, this time I want to give an explanation of e-commerce, let's look at the explanation below.

E-commerce (electronic commerce) is the activity of buying and selling goods / services or transmitting funds / data through electronic networks, especially the internet.

With the development of information technology and software, this makes conventional transactions possible to do electronically.

The website is used instead of an offline store. The e-commerce website includes a variety of functions such as product storefronts, online ordering and stock inventory, to carry out the main functions as e-commerce.

Software used is installed on e-commerce servers and works simultaneously with online payment systems to process transactions.

In simple terms, E-commerce can be interpreted as buying and selling transaction activities of goods, services or transmission of funds or data using electronics connected to the internet. This e-commerce transaction is no longer a new thing in the country, even its development is fairly rapid.

At the moment the top e-commerce market in the US, has begun to migrate and record operational data, including new product lists and anonymous reviews, to the CyberMiles blockchain. This is the first step towards the vision of decentralized e-commerce. Finally, the entire 5miles market, with more than 15 million users in the US alone and $ 100 + billion USD in GMV, will operate as a Decentralized Autonomous Organization (DAO) on the CyberMiles public blockchain.

What role can CyberMiles play as a Decentralized Blockchain and smart contract creator platform?

We can say CyberMiles can be a huge game changer in blockchain because it gives innovators, companies, investors are different but fast, trust worthy network. The followings are the places that the CyberMiles team identifies as potential targets for them:

A decentralized identify management platform.
A small business loan peer-to-peer marketplace
A more efficient supply chain
Addressing the counterfeit problem
Automatic escrow
An ICO platform for E-commerce
Fast but cheaper than other networks.
Cybermiles coin allows the connection of other platforms to co-develop
Language-level and Virtual Machine level extensions to the Smart Smart contract platform to support complex e-commerce contracts.
Asset token interoperability with other blockchains.

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

All of these benefits will undoubtedly have a strong impact on attracting more users to the project.

CMT Token

It is very important that CyberMiles uses CMT tokens for basic functions in the ecosystem. These tokens behave in the same way as other platform tokens, and open up new opportunities in the ecosystem for those who buy and store them. It plays a useful role in the ecosystem and allows members to use it for any purpose in society. CMT is also used to encourage new users to stay and use the platform so that they can also continue to receive incentives.
CMT owners will be able to contribute to the work of the ecosystem, and because they are professionals, they will enjoy many privileges at the expense of ownership.

For more information:
Website : http://www.cybermiles.io/
Whitepaper : https://cybermiles.io/en-us/cmt/whitepaper/
ANN Thread : https://bitcointalk.org/index.php?topic=2344875
Telegram : https://t.me/cybermilestoken
Twitter : https://twitter.com/cybermiles

AUTHOR: KUSUMA253
BTT:https://bitcointalk.org/index.php?action=profile;u=2346695