- Mar 14, 2018
If you are an encrypted investor, I believe you know about the Ethereum (ETH) and their smart contract platform, which is like a wrapper containing subprojects using their platform. They saw the smartness and friendliness of the "smart contract" platform for other ICO projects, the Blockchain Research Institute - 5xLab (a subsidiary of 5Miles) that created their own platform. Called "CyberMiles".
CyberMiles (CMT) was developed specifically for commercial and transactional applications. CyberMiles' smart business contracts are designed to be more powerful than the smartest of Ethereum. It will become the next generation Ethereum.
Existing platforms tend to become less effective for contracts that govern specific commercial transactions, because those platforms are not designed to serve these purposes. In contrast, CMT is currently being developed to build intelligent contract modules that maximize the efficiency of the information technology required for timely completion of the transaction.
CyberMiles has something interesting:
The mention of CyberMiles is a reference 5Miles. They are one of the top e-commerce companies in the world, connecting consumers and consumers (c2c) in the US. Currently the company's top application is called 5miles application and up to 17 million registered users in the US, according to estimates estimated in excess of 4.5 billion USD in total value by the end of 2017.
In addition, the 5miles app is also ranked in the top 10 best US shopping apps. On average, 5miles of users spend 27 minutes per day on the application, which is important for 5miles to become one of the most attractive e-commerce applications in the US.
With our own experience as well as our development team, 5Miles recognizes the potential of today's e-commerce system, as well as the inadequacies of this system. Cybermiles is optimized for ecommerce application field. It will provide a tremendous library of business intelligence deals related to e-commerce. This has created a powerful CyberMiles capable of establishing commercial applications.
Just like Ethereum's ETH, applications created from CyberMiles have the ability to use CMT to release their own ICO. Up to $ 1 trillion is the size of the market for e-commerce applications.
Another strength of CyberMiles is its speed, which can support tens of thousands of transactions (TPS) per second through the most up-to-date development phase combining the latest advances and innovative features. The latest Proof of Stake (PoS) engine has been approved. According to the contract signed today Ethereum only supports 10 TPS.
Since CMT is optimized for e-commerce use, it is designed to simplify decentralized payments. CMT's task is to arrange transactions between e-commerce and financial units where each unit is provided the same ability and authority and any entity has the right to initiate a meeting.
Beliefs are answered:
CyberMiles has passed the stage of birth along with strong support and trust from investors as well as people who believe it. Although the road behind the project has been difficult, since the commencement of commercial transactions on cipher exchanges around the world, CMT has shown its potential by their coin prices, and The trust from partners, such as the ArcBlock project - the first project on the CyberMiles platform has achieved certain success - as well as the acceptance of many of the world's major trading platforms: Binance, OKex, Houbi etc... Since being traded on the exchange in early 2018, they have created a fierce wave and attracted the attention of many people,But the difficulty of the market has led to the value of the project is plagued. but you can see that is the next opportunity to join the people ahead.
Coming on March 30th, CyberMiles will demonstrate their Testnet system on the broadcast, which will once again show the enthusiasm of the development team for the project and as a gift for the believer. CyberMiles' testnet system is increasingly improving in terms of transaction speed as well as the security and optimization of their systems.
To research more about the project, you can refer directly to their website or other communication channels attached below.
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Success comes from ideas, starting with enthusiastic people and flying high by the whole community
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