CYBERMILES REVOLUTIONIZE E-COMMERCE

With the easy accessibility of internet E-commerce has become a big industry to reckon with. With daily technological advancements trades have gradually shifted from the traditional way of buying and selling to a more advanced method which happens over the internet. E-commerce makes it easy to find and buy a product and as well provides a well-organized trading procedures. E-commerce trade also provides both the buyer and seller opportunity to buy and sell without stress as they both do not need to worry about proximity barrier or theoretical geographic limitations. The E-commerce industry has become so competitive, that those with technological advantage gets to survive and remain in the vogue

E-commerce is suffering many challenges, E-commerce lack the appropriate technology to break ground and gain massive adoption, as many of traders will prefer to trade in the traditional way due to some difficulties they experience with E-commerce.
E-commerce is limited by technologies that could synchronize available information across all systems and integrate trades.

In view of all these challenges a group of company called Cybermiles Foundation In collaboration with 5miles Holdings Limited have come together to develop a technology built on strong and reliable blockchain called the Cybermiles.

HOW CYBERMILES WILL IMPROVE E-COMMERCE
Cybermiles is novel blockchain application based on “Virtual Machine” which is being created and particularly outlined and streamlined for business and commercial use. Cybermiles is developed to help in decentralization of smart contracts, which is where other blockchain applications have under-perform. Cybermiles has developed a token which will work on the Cybermiles Open source blockchain called CMT. This token will be exchanged with the initial CMT based on erc-20 blockchain.
The CMT token will;
• Be used as a reward medium to community members that contribute the technological prowess to the advancement of the project
• Every E-commerce traders would want to trade on a platform that is fast and sleek. the CMT token is developed to solve the issue of slow transactions within the network, which will give E-commerce traders the comfortability that comes with E-commerce.
• With the high execution efficiency of Cybermiles blockchain protocol, CMT will process transactions at high efficiency. Thereby improving traders experience.

SMART BUSINESS CONTRACT
Smart contracts are escrow system used by blockchain to execute and process conditional logic. The Cybermiles smart contract is one of the unique selling preposition of the Cybermiles blockchain protocol, although the Cybermiles smart contract is similar to that of Ethereum in terms of blockchain activity.
However, the smart contract in Cybermiles blockchain possess the upper advantage over the smart contract in Ethereum blockchain because it is reusable.

TOKEN DETAILS
According to the Cybermiles foundation, a maximum of 10 billion tokens will be issued and this token will run on the Cybermiles chain and it will be minted at intervals to compensate network participants. 8% of this token will be minted annually, so there is no fear of the tokens overflooding the market.

CYBERMILES TEAM
The collaboration of Cybermiles foundation with 5miles put the Cybermiles blockchain project at an advantageous position, given to the fact the most members of the team are workers in 5miles which has been existing since 2014 and they garner wealth of experience in blockchain and smart contracts, so we assured that the project is in safe hands.

CONCLUSION
5miles has been existing since 2014 with about 10 million US based registered users and over 3 billion USD annual transactions, this will indeed be your sure bet and right choice for seamless experience in E-commerce.

Important Links

http://www.cybermiles.io/
http://www.cybermiles.io/vision/
https://bitcointalk.org/index.php?topic=2344875

My Bitcointalk link : https://bitcointalk.org/index.php?action=profile;u=1266433