CyberMiles
hi friends, i want to introduce CyberMiner. please see my article
ABOUT CYBERMILES
Cybermiles is a fast-growing and rapidly growing new block chain used for small-scale businesses or contracts developed by Michael Yuan. Compared to other crypto like; Ethereum, Bitcoin and others, are said to have been designed to have a more superlative and superior "Business Coal". This is far superior to the "Smart Ethereal Contract" and at a fast and increasing rate, it will soon be considered Ethereal next country (ETTH) .
Cybermiles has a tendency for the future to be the most widely used crypto in the world. This will include large numbers of over 10 million users who are currently based in the United States.
This large closed expanse makes them competing and competing with Ethereal. It has been effectively designed to support e-commerce applications which provide a variety of archives or collections for trade-related transactions. This array proportionally allows the start of decentralized applications on e-commerce.
Cybermiles have been well optimized to support tens of thousands of business transactions in seconds (10,000TPS, ten transactions per second) through a master designed technology called the Proof of Stake (PoS) consensus machine. The technology has also shown a big difference from Ethereum. Ethereum can only support about ten transactions in seconds (10TPS; ten transactions per second, this is about 0.001% difference.
Another interesting point is that it can help store and store data during migration. In cases where user data is at 5 miles, Cybermiles partnered with 5miles to transfer the recordings to the protocol and blockbain Cybermiles technology. It stores user identity, logs, credit history, and other financial transactions. This ensures good privacy and security. This process allows the migration of more than 12 million US-based users and also 5miles to be one of the first if not the first to use the blockbain Cybermiles protocol and thus make the business world become legit.
Cybermiles Token (CMT) also helps in e-commerce by helping decentralize settlements such as XRP (ie Ripple). Ripple supports transactions with major financial institutions such as the Bank while Cybermiles Token (CMT) engages in small-scale transactions such as hand-to-peer. Cybermiles also enable responsive participation and initiatives in which bonuses are recorded. As new virtual networks grow, bonuses or benefits are given to their holders thus allowing people to demonstrate their broad participation.
Finally in the Initial Coin Offering (ICO) edition, it is known there is a market size of over $ 1 trillion in e-commerce applications in Cybermiles. Cybermiles apps take advantage of CMT as their way of issuing ICO to their peers. This way is easy enough, fast and time saving. This idea is similar to Ethereal where they publish ICO with ETH.
Based on existing facts and data, Cybermiles will be known as one of the most promising crypts in the future even more than just Ethereal itself. The goal is to incorporate blockchain technology into the modern world.
How can Cybermiles change e-commerce business?
As mentioned earlier, Cybermiles involves the incorporation of blockchain technology into the modern world, it is important to talk about how technology has an impact on e-commerce. Technology has had an impact in keeping records of transactions and other contracts between two parties ie buyers and sellers. There are various ways in which e-commerce relationships are fixed between buyers and sellers online now;
· Mobile apps: This involves the use of modern technology for convenience now. The age at which the buyer goes to where the seller is over. The use of mobile apps can make buyers shop easily and delivery possible. The only physical or contact interaction is during labor.
· Small Business Boom: Given, small businesses have a promising future. This is very important for people who are thinking or considering e-commerce marketing.
Consistent Consumer interest in the minds of Sellers: The features of this mobile application allow for a variety of choices to suit the buyer's tastes so as to make good and steady relationships and understanding between the two sides effectively even without contact.
Not surprisingly, blockchain technology is now destabilizing the e-commerce sector. There are several million deals, contracts and businesses every day and the blockchain technology system has been set up by various organizations to control finances. Taking Cybermiles for example is fast developing, has blockchain technology that transforms the financial sector and ensures privacy and security in transactions. This secures payment and verifies a credible user identity. Recently in China (home of the largest e-commerce giant, Alibaba), the use of blockchain technology is used to avoid the risk of counterfeit products.
The benefit of this technology is to bring together smaller units together peer-to-peer parties and to promote a broad public market system. This concept has been adopted and proven effective by 5miles leading in the United States as a peer-to-peer market. Also, they just announced the discovery of 5xlab; a blockchain laboratory that offers the development of good technology to build a stable digital network system.
Cybermiles in partnership with 5miles can do a lot of cooperation to promote a stable network infrastructure with all the assets on the deck. This method is to support and improve crypto and run smart business contracts for better market and shopping networks.
The importance of Cybermiles in e-commerce is to generate changes in how transactions are made. Cybermiles has been known for its credibility, uniqueness and transparency. Fraud is a major challenge in the e-commerce sector where online peer-to-peer purchases have issues with non-originals (ie counterfeit goods or unauthorized goods). Therefore, for the abolition of this fraudulent practice, the blockchain system can do much to ensure transparency and records can be stored permanently for each transaction performed. It avoids or reduces human error, increases efficiency and shows more resistance to fraudulent practices.
Bitcoin is somewhat insignificant compared to the possibility of developing blockchain technology. Brilliant minds like Vitalik focus on the bigger picture.
But there will always be room for improvement in the crypto world. While Ethereal aims to improve the architecture of Bitcoin with the application of smart contracts, other companies are trying to make the basics of etereum getting better.
CyberMiles is the next generation blocking protocol that is optimized for business and market applications with mainstream adoption in mind.
It is being developed by CyberMilesFoundation, which works with 5miles LLC; an e-commerce company founded by Liang Lu and based in China and the United States. It is one of the top 10 shopping apps in the United States with over 12 million users. This userbase will be the first to be introduced to CyberMiles' decentralized network, providing the best exposure on launch day.
What makes CyberMiles stand out from Ethereum?
Instead of building dapps from the beginning of Ethereal, CyberMiles has a "smart business contract" that will offer a variety of software that is integrated into the block, making it easier for developers to build their apps.
The use of the highly efficient DPoS consensus engine will make CyberMiles more decentralized and measurable than Ethereal, with a capacity of more than 10,000 transactions per second.
In the same way that Ethereum allows developers to create currencies to drive their own ecosystems, CyberMiles tokens will fund communities to provide services to each other and maintain the tasks that run on the network.
CyberMilesFoundation basically creates "Ethereum 2.0".
But how does this work in practice for its users?
Let's take a closer look at how CyberMiles will operate in the market.
Personal
Imagine if you could have a decentralized wallet for personal information such as identification documents and bank information, where protected by your private key. Users can then authorize applications on the CyberMiles network to utilize this information for KYC validation, financial transactions, peer-to-peer business loans, and more. This can be a very safe and standard method for storing sensivite information.
Stability
Decentralization creates a more stable network, eliminating the risk of data center failure with the availability of high network nodes. With CyberMiles, the consumer community and powerful business owners can provide the computing power needed to keep the network running 24 hours a day.
Such stability can not be offered by today's centralized market.
Dispute resolution
I mentioned before how CyberMyles can involve its community, and one of the main attractions is the ability of people to participate in various dispute settlements. This will remove the intermediary of expensive customer service supporters. CMT (CyberMilesToken) can then act as a settlement currency, thus motivating people to be part of decision making and obtaining tokens in the process:
Two parties who agreed to file a CMT deposit for the transaction. If both people are happy with trading, smart business contracts will automatically return their respective CMTs.
In the event of a dispute after the transaction is complete, CyberMiles sends a request to a collection of services from the public, where they can bid to act as mediator.
The arbitrator must be accepted by both parties to gain full access to the transaction details stored in the blockchain, and then begin to work out a resolution between the buyer and the seller.
When the arbitrator makes a final decision, he receives the CMT deposited from the losing party as payment for his services.
A convincing thought
The success of any project can be measured in its ability to solve problems; CyberMiles does that with a variety of innovative ideas for the e-commerce landscape.
They empower developers to reshape billions of dollars of industry around the world.
They are empowering small businesses to grow where they are otherwise at risk of being forced out by giants like Amazon.
They empower communities by giving more incentives to participate in all the c2c (consumer to consumer) market processes, which will usually be controlled by some centrally.
This is the best democracy, and a new revolution in decentralization.
The ideas presented in this article are just a fraction of the possibilities with CyberMiles.
I strongly encourage everyone to read the white text. They are well written and easy to understand, even for the less technologically savvy.
so much information that I give to you, may be useful.
Details Information:
Website: https://cm.5miles.com/id/
Ann Thread: https://bitcointalk.org/index.php?topic=2344875
My Bitcointalk: (blackr15) https://bitcointalk.org/index.php?action=profile;u=1123100
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