CyberMiles - Blockchain Technology for E-commerce

INTRODUCTION

Blockchain technology is one of the most important technologies of our time. In particular, the use of the Internet, as a result of the invention of smartphones blockchain technology to help spread the important elements. We live in a highly volatile world; 10 years ago, the current location is very different. The acceleration of technology is truly fascinating and continues to make our lives easier. Technology is a phenomenon that can be quite useful when you remove negative elements such as social media, gaming addiction. One of the most concrete examples of this is bloc chain-based cryptocurrency. Thanks to crypto, we are now able to make money transfers with fewer commissions, in a shorter time, 24/7. While Bitcoin does this in an hour, Ethereum performs it in 2 minutes or more. Ripple allows you to transfer your money in just 4 seconds. This incredible technology has really changed our perspective on money. Blockchain technology not only affects money but also affects many areas. These include artificial intelligence, education, gaming, health, banking, e-commerce, investment and many other products. Only 10 years have passed since the famous anonymous hero Satoshi Nakamoto's article, the sound of this technology has spread all over the world. Today I want to introduce you to the blockchain based e-commerce platform.

MEET CYBERMILES

CyberMiles Foundation is a non-profit company based in Hong Kong. Its main aim is to design a new blockchain platform that is accepted by everyone who is focused on e-commerce. CyberMiles wants to develop e-commerce through smart commercial contracts to innovate blockchain innovations. For this, he wants to use his own master token called CyberMiles. The main objective of the project is to increase the level of e-commerce to the next level. As you know, e-commerce systems such as Amazon, Wallmart, E-bay work within a central infrastructure. However, these large firms have many problems in making commercial contracts. It is also the centre of the data migration systems they use. The data migration of 5miles into CyberMiles is a total revolution that has occurred in an e-commerce ecosystem. I termed it as a process of implementing blockchain into the 5miles system which gives birth to CyberMiles. Such problems lead to deficiencies, failures and slowdowns in the system. In addition, it is obvious that e-commerce needs decentralized, smart trade contracts because central data storage systems are obsolete and unsafe. In other words, Cybermiles will strengthen existing issues with decentralized management and integrate smart trade contracts into the system. Thanks to the Cybermiles tokens, which are held by the users, the PoS system will be activated so that the transactions will be performed much faster. In addition, thanks to the centrality of users, private data will be protected in a much more powerful way, such as identity, address, private information cannot be detected by the system. As a result, users will have a much safer shopping experience.

Background of the Project

The Cybermiles project is an advanced technology, which is a blockchain research laboratory with close relationships with 5Miles. 5Miles is a strong team with a wide range of employees from the United States to China and was founded in 2014. Since its establishment, it has invested approximately 70 million dollars. In these 5 years, 5Miles has reached more than 15 million users and turned into a structure that will generate 3 billion dollars of annual volume. A team of 5Miles co-founders has worked with the company Alibaba, e-commerce experience, is a very experienced team.

CyberMiles Blockchain Protocol and CMT Master Token

CyberMiles is a decentralized blockchain protocol specifically designed for e-commerce, business and market applications. It consists of software modules of blockchain-based virtual machines and middleware that support outside decentralized processes and support decentralized processes managed by smart business contracts created on this network. The Ethereum-based token used to control functionality is CMT.

One of the main purposes of CMT is to incentivize people work together to maintain the CyberMiles network. As CyberMiles public blockchain is optimized specifically for e-commerce applications, CMT’s other main function is to settle commerce transactions. CMT is traded on all major exchanges including Huobi, Okex, Binance, and many more.

The main purpose of this token is to contribute to the computing power of community members and encourage them to support the platform by awarding them with the PoS system to protect the integrity of the network. When e-commerce market participants such as vendors and buyers on this platform benefit from network services, they will provide CMT to network service providers.

Adding added value to the community will be encouraged by providing benefits such as community members, peer-to-peer customer support, and dispute resolution services. In return for these services, members of this community will be awarded CMT tokens.

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The e-commerce process is a system that starts with the procurement process and aims to reach the end user. The CMT Token is designed to record and facilitate interactions and time in this process. In this way, the cost of this process is minimized. Because the contracts and interactions committed to smart contracts go through this decentralized network.

5miles: Buy and Sell Used Stuff Locally

5miles is now an e-commerce application for PlayStore and IOS. As I mentioned above, this application, which has been active since 2014, increases the e-commerce experience of millions of users every year. This application is a smart business contracts platform designed specifically for e-commerce. Users shopping here, or users who sell their goods, can shop with confidence knowing their personal data is stored in a decentralized environment. This unique application is known as blockchain-based and the first decentralized e-commerce application in collaboration with the blockchain. This allows users to shop safely, quickly and with satisfaction.

CMT Wallet

CMT Wallet is a CyberMiles mobile light-wallet, strives to provide a simple, secure and powerful digital asset management tool for users. Users are able to experience freedom in wallets creation/ importing, secure digital asset management, convenient transaction execution, real-time market updates, and explore the potential of CyberMiles DApps all with CMT Wallet. Encrypted Private Keys are stored securely in the device’s local sandbox system. Provides multiple wallet backup options, to prevent loss or theft of assets. Decentralized/distributed applications browser constructed with smart contract technology. Supports DApps like BlockTonic/ Tokeneed/ TCandy/ CMT Tracking etc..

Customizable asset list with assets like CMT and more. Real-time market and asset values updates of your CMT. Import wallet from imToken, JAXX, Metamask, CMT Cube. Price feeds synchronized with global major exchanges like Coinbase, Binance, Huobi, OKex, Zebpay, Bittrex, Kraken, Poloniex.

Besides, the project is listed in Coinmarketcap and has a very nice price. It is also listed on many stock exchanges including Binance. You can review the links below to invest in this unique project.

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PROJECT TEAM

ROADMAP

For Further Information

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Bitcointalk username: Nuxxorcoin

Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2378574

CMT Wallet Adress: 0x2ae80015a38b57fec53e2180092086e2c8b665fa