Some years back, all we were doing as people was to buy new things and discard the old ones because we had no proper ways recycling them or selling it out to people who need them. This practice caused and is still causing the accumulation of so much waste in out societies. As time went on, people came together and realized that used items can still be sold out to people who need them and can get them at affordable prices which will help to reduce cost. One of such famous companies in the world who deal with consumer- to- consumer e-commerce is 5miles. 5miles is based in the United states and has over 10 million registered users of the 5miles app. 5 miles is rated among the top 10 shopping apps used in the United States today. Since the formation of 5miles in 2014, it has spearheaded a true c2c transactions and brought value to pre-existing mechandise. The mobile based platform of 5miles has enabled deals to be finished amongst friends and strangers in a peaceful way and faster.
Although 5miles has achieved a lot in the C2C e-commerce business, there are still a lot that the company wishes to o in order to make the business easier, faster and less expensive for its customers. It is in the light of this that 5 Miles wants to integrate e-commerce on blockchain. 5miles have been engaging in a lot of research to make this possible. Because of the high determination and the zeal to be the best in the c2c e-commerce business, 5miles have partnered with another great side in blockchain technology which is the Cybermiles Foundation.
What is Cybermiles?
Cybermiles is the name given the blockchain technology which is being developed by a blockchain research laboratory called Cybermiles foundation which is working closely with 5miles.
Aim for the Cybermiles Blockchain.
The two great partners; 5miles and cybermiles foundation all have a common vision of reducing waste which could serve purpose to others and even the owner. Most companies now only aim at bringing new products on the market and consumers always have to discard their old goods to get the new ones which has culminated in the wasteful community we have now with too much waste to deal with. To make this consumer to consumer e-commerce a lot more better and user friendly, cybermiles in collaboration 5 miles is building a next-generation blockchain optimized for e-commerce and designed for mainstream adoption. The aims for the building of the Cybermiles bockchain include;
1. Decentralization of e-commerce related smart business contracts.
2. To strengthen the safety of transactions on the c2c marketplace by managing user identity and transaction data privately and safely.
3. To make transactions faster with the utilisation of "proof-of-stake" consensus engine and allowing more transactions to be done in a second.
With these aims in mind, CyberMiles blockchain promises to be one of the best blockchain networks in existence which is going to be SMART, FASTER, SAFER AND FREE.
THE CYBERMILES BLOCKCHAIN PROTOCOL AND CYBERMILES TOKEN
The CyberMiles blockchain promises to be the greatest blockchain network with more better output tha. Ethereum. The blockchain protocol for cybermiles being developed and optimized for businesses and marketplace applications. The CMT is the crypto token which is being developed and used on the CyberMiles network and on other decentralized applications on the network. As at now, the CMT is on the Ethereum blockchain as an ERC-20 token. After full development and start of the Cybermiles bockchain, the CMT tokens will be used on the blockchain. The aim for the development of the CMT tokens are as follows;
1. To be used to reward community members and to incentivize community members to ensure smooth running and maintain the integrity of the network.
2. To incentivize community members to provide value-added services like customer support and conflict resolution services.
3. To make transactions within the network possible.
The CyberMiles testnet, Travis has now been activated and it can boast of high performance, maximum security and it is free to use. Cybermiles is the new generation with one of the best blockchains alive which is faster and better to use than the Ethereum blockchain. Join CyberMiles community now and be assured of quality services. For more informations on CyberMiles, Visit;
1. WEBSITE
2. WHITEPAPER




Amazing project
ReplyDeleteE-commerce on blockchain is a great news. I hope this project becomes a success.
ReplyDelete