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CMT is mainly created for E-commerce applications, But Ethereum

10:34 AM


What is Cybermiles?


Cybermiles is the Next era of blockchain for clever contracts. Cybermiles transactions are one hundred instances quicker than Ethereum in phrases of transaction per second (TPS) which is tens of lots of transactions (TPS) per second. Its smart contacts are more powerful than Ethereum clever contracts and we can say it will be the next technology of Ethereum(ETH). As the CMT is optimized for e-commerce use,as it will settle transactions between e-commerce and peer-to-peer finance parties.

Challenges for Traditional E-commerce

A major challenge in all commercial operations, but especially true for fast paced e-commerce, is cash flow management to sustain and grow the operation. Securitization is a key tool for more efficient cash flow management. However, traditional securitization through Wall Street is expensive and inefficient as it requires expensive and slow human intervention in every step.


What is CyberMiles Solution?

✔ The CyberMiles blockchain makes it easy to issue security tokens for e-commerce businesses to manage cash flow and raise operating capital.

✔ Supports all popular issuing standards including ERC 1400, ERC 1440, ST-20, R-Token, S3 and more.

✔ Close collaboration with exchanges such as the OFN (OpenFinance).

✔ Optimized for e-commerce related cash flow securitization.
How Cybermiles is faster than Ethereum?

In Cybermiles blockchain all the computers finished are useful. No meaningless computations accomplished through miners which are losing of computational power.


How Cybermiles Can Be Used?

CyberMiles is in particular optimized for e-commerce applications. Currently, it is an accomplice with 5miles which has already 12 million of customers from USA. CMT token is used as gasoline on CyberMiles blockchain ecosystem which can be unitized to devour network services, such as invulnerable ledger, Smart Business Contracts, and decentralized settlement.


Cybermiles Vs Ethereum
Cybermiles has very higher transactions velocity such as 10,000 transactions per second, however Ethereum transaction pace is very low compare to CMT which is 10 transactions per second.
Total furnish of CMT is 1 billion and it can be amplify to 8% according to inflation. But Ethereum complete furnish in not described and yearly large quantity of cash mining.
Ethereum total market capital is around 50 billion whilst CMT is fifty seven Million. So CMT has lot of achievable to grow even whole market cap is stable.
CMT is mainly created for E-commerce applications, But Ethereum does no longer has exclusive optimization.


CMT has a suitable market consist of day to day wished purposes which can easily integrated with any transaction related Ecommerce application. But Ethereum does not have such marketplace and solely have third birthday celebration applications and development equipment are also very less.

Cybermiles already has a 12 million consumer base related with 5miles and that is each day increasing. Ethereum does now not have such secure client case. 5miles, it’s a web and app primarily based digital yard sale market which is currently on hand on the web, Google Android and Apple iOS. 5miles is a free, neighborhood marketplace app, one of the fastest-growing online shopping ventures in the U.S.

CMT Token



CMT is the foremost token used in the network. Like Bitcoin and Ethereum, the token is paid to these who assist the network with the aid of validating transactions. In order to earn CMTs, community individuals want to:
Validate purchases, loans, payments, credit history and other transactions on the community (all information is anonymous, secure, and encrypted on the blockchain)
Validate and execute Smart Business Contracts on the network (these contracts are software program purposes that robotically decide who need to pay who at what time).

E-commerce organizations can use CyberMiles smart contract infrastructure to launch their personal unique tokens inside their platform (this is comparable to Ethereum’s ERC-20 tokens).

Custom tokens created by using e-commerce websites who connect to the blockchain can be used to buy items or for loyalty points programs.

Final Words


The CYBERMILES blockchain protocol has been identified as a pioneering blockchain project that pioneered the praise of the largest blockchain network with real-life business practice and contributed to the small adoption of blockchain technology. On the other hand, 5Miles will have the rights to be the first real-life enterprise to implement the CYBERMILES blockchain protocol.


Token Performance

On December 5, the company’s hit token exchanged for $ 0.36. Within a month the price jumped to $ 0.58 because the crypto market reached all-time highs. Through the first half of this year, the CMT token fell below its launch price, down to $ 0.06 at the moment the price is still below ICO $ 0.039 but in my opinion, it will rise again.

Where to buy Cybermiles?


You can buy CyberMiles (CMT) on some well-known exchanges such as Binance, Okex, DigiFinex, Huobi. Bithumb, Coobinhood and many more.

Long-term investment is very important for you later and can be profitable because CyberMiles continues to make the best efforts for its investors.






 CyberMiles Ecosystem
Once CyberMiles is implemented, we will proceed with the transaction with the CyberMiles Token (CMT).
CyberMiles wants to solve the monopolization of online e-commerce.
So I put the master node function in CMT.
If you deposit a coin in CyberMiles, you have the authority as master node
You will be able to engage in the operation of CyberMiles.
CMT is not a virtual point money for simple payment.
As a compensation for all the actions that take place within the online shopping mall, the CMT functionality will be expanded
This will be done one by one by the decision of the CMT master nodes.


Project Team



Conclusion

CyberMiles is attempting to establish dominance in the blockchain e-commerce space.
With Amazon claiming nearly 50% of the accepted e-commerce market share, the blockchain seems like the solely area in which they can be contested.
The CyberMiles Blockchain is formidable and will likely accrue incredible value if successful. However, they will face many challenges when it comes to managing smart contracts, fixing consumer disputes and ensuring transactions can be quickly enough to meet demand.
Overall we really think this is a task to preserve a shut eye on.

If CyberMiles can overcome the boundaries of today’s clever contract technology, whilst tapping into 5miles $3billion annual income stream, then it ought to very well turn out to be the biggest participant in the blockchain e-commerce market.

For more information about the project:
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