CyberMiles (CyberMiles Foundation) companies are registered in Hong Kong as a non-profit organization limited by guaranteed members. CyberMiles will work with 5miles LLC (5miles) to create Cyber Miles, a new generation blockchain optimized for widespread e-commerce use.
With a background in e-commerce and online commerce, Cyber Miles will combine the latest blockchain technology to integrate smart contracts into new chains that are very efficient and solve problems with delays that are often complained of by universal blockchain users. Cyber Miles Tokens will become (master tokens) to finance and support new applications and projects in the e-Commerce field - such as Ethereum in the current ICO generation.
What is Cyber Miles?
CyberMiles is a new modern blockchain protocol that is being made for a new revolutionary leap in the field of trade and markets. Every consumer will be able to buy and sell products, with the same trust as they do on Amazon or Walmart. Or people will be able to create their own markets and manage them in a democratic way.
How has Cyber Miles changed commercial business?
The Cyber Miles network can function as a third party provider of various business services, including IT, financial services, customer support, and community management. Based on the extensive experience of the 5Miles business management team, the Cyber Miles team found the following main categories of potentially automatic business contracts.
• The platform for managing decentralized personal data.
Personal data puts consumers at great risk and can bring major problems to companies that store data. To overcome this problem, it is necessary to revise the entire personal data management system. One of the main decisions is to give users full control of their personal data. Each user will be able to decide who and how to provide access to their data.
• P2P Market - Loans
On the basis of the blockchain application, Cyber Miles will be created - Exchange - P2P - small business loans. Having a personalized credit history, Cyber Miles will create a mechanism to find suitable lenders and borrowers on the blockchain. Smart contracts will automatically conduct credit transactions, transfer funds directly between the bank accounts of both parties using CMT.
• An efficient supply chain
In the e-commerce ecosystem, sellers need to get products from suppliers and then send them to customers. In the process, the product changes its owner several times. However, in token-based systems, transactions between community members can be recorded instantly and safely using digital tokens. The party only needs to occasionally transfer surplus tokens to other assets as needed, which limits transaction costs.
• Solve fake problems
Counterfeit goods and fraud are serious problems in the electronics market. To solve problems centrally, operators need to check and track every product sold on the market. This is very expensive and, most likely, inefficient, because people do not have the experience needed to assess the authenticity of all products on the market. A blockchain-based network will help solve this problem much more elegantly.
- Proactive decision: the main feature of the blockchain is the immutability of entries. This allows you to easily trace the authenticity of any product. Vendors, producers, suppliers can make certificates of authenticity of goods.
- Responsive Solutions: Cyber Miles Blockchain Network provides a mechanism to resolve community-based conflicts. This, of course, includes cases where the buyer questions the authenticity of the item. In such cases, the buyer must provide evidence of soybean support to get a positive decision from the arbitrator.
Why do you have to join Cyber Miles?
In CMT, protocols have been developed that control 12 E-key applications and more than 300 subcategory types of transactions, which provide opportunities for online commerce and e-commerce. When the CM begins to spread, smarter contract modules will be implemented and developed, so the CM module will be available for purchase or licensing on open sites. This will contribute to the increasing demand for CM and innovative applications based on the blockchain.
CyberMiles Ecosystem
After CyberMiles is implemented, we will continue the transaction with CyberMiles Token (CMT).
CyberMiles wants to complete e-commerce monopoly online.
So I put the master node function in CMT.
If you save coins in Cyber Miles, you have the authority as the master node
You will be able to be involved in the operation of Cyber Miles.
CMT is not a virtual money point for simple payments.
As compensation for all actions that occur within an online shopping center, the CMT function will be expanded
This will be done one by one with the decision of the CMT master node.
CYBERMILES RELEVANCE TO 5MILES
- Previously, 5miles: a well-known/popular peer-to-peer e-commerce platform located in the United States, with a total of 10 million American users registered with an estimated value to overcome $ 3 billion in 2017, planning to migrate the entire ecosystem of sellers and buyers to the decentralized CybeMiles network. The 5miles platform will be one of the first platforms to utilize the network as a back-end service and start the ecosystem. However, the public blockchain CyberMiles has partnered with 5miles to ensure 5miles data and user information are transparent and secured.
- Leveraging of the CyberMiles blockchain by 5miles e-commerce will help reduce transaction costs and better secure trade data, information and help eradicate the problems facing the e-commerce ecosystem. Utilization of the CyberMiles blockchain and the creation of original tokens will be used across all partner platforms and other markets so as to create awareness and make it one of the best market-leading blockchain protocols for commercial and market applications.
- The 5Miles platform will also integrate "existing wallets to be able to save CMT balances and allow the use of CMT Tokens on the 5Miles platform
- Migrating 5miles of data to the blockchain has been seen as a good step in exploring and adopting blockchain technology in the e-commerce ecosystem information flow.
- CyberMiles has integrated product information and 5miles comments into a smart contract at the address: 0xa3f1e99c46d1d7e6cc96f71b6116cee8160fa4d3, including data on 61170 products since May 9. This is done to ensure that data on the blockchain network is transparent and also damages the evidence.
- 5miles Data DApp is another distinctive aspect because of its struggle against fraud and breaking the barriers facing the e-commerce industry.
- 5miles has also developed a novel 9 blockchain protocol to support business transactions on the blockchain network with CMT Tokens.
The uniqueness of CYBERMILES FOR 5MILES AND OTHER PLATFORMS - One of the main uniqueness of CYBERMILES is managing user identity, personal transaction data, and security while allowing new transactions and solutions among network users. Access to more than 10 million 5miles user data will create awareness and adoption of CyberMiles blockchain.
- To support various types of Smart Business Contracts related to trade that support the decentralization process.
- Another way is to use a Proof-of-Stake (PoS) consensus engine that is delegated to support tens of thousands of transactions per second ("TPS"), thus resolving existing chain latency issues.
Please visit the website below for more in-depth knowledge of this project:
• Website: http://www.cybermiles.io/
• Whitepaper: https://cybermiles.io/en-us/cmt/whitepaper/
• Facebook: https://www.facebook.com/cybermiles
• Twitter: https://twitter.com/cybermiles
• Weibo: https://weibo.com/Cybermiles
• Telegram: https://t.me/cybermilestoken
• Cocoa: https://open.kakao.com/o/gl9gPJI
• Github: https://github.com/cybermiles
Username: Jooo12
link Bitcointalk : hhttps://bitcointalk.org/index.php?action=profile;u=2348034
0xF9448Ed4f479c2c337092C98aDa5B0e71Ec01b00
