CYBERMILES: AN EXTENSION OF E-COMMERCE ON THE LEDGER TECHNOLOGY.

in blockchain •  5 years ago  (edited)

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INTRODUCTION

Understanding the structure of the online shopping activities will give us a good background to study this new platform CyberMiles. The same way many types of businesses can be runned on the popular online shopping stores or website, this platform has so much in common and it has built an app to that end. It way of providing services to users is very interesting, it allows users to use various app controlled by the users but connected by the platform itself. This makes them able to do so much retail activities on it and its a chance for merchants on the platform to reach their customers in much more effortless manner.

HOW CYBERMILES WORKS

  • It will first make users able to design their profiles on its ecosystem through their individual accounts because the profile will serve them so many opportunities in the community. Users that desire tl have loans will get it depending on the nature or type of profile they have created for themselves. The profiles will compose of the credentials of these users which would be uploaded at once to the account to form the profile. This is what will make one user different from another and the levels different also.

  • This platform will help to provide assistance for grown businesses that cannot handle the distrubution of their products to their clients. This is because when a company grows to an extent, it becomes very difficult for them to manage their entire operations and it can become a very heavy burden for them tl bear such that when they don't attend well to the system, it can lead to a crash of the entire business. So it means that owners of companies do not need to over work themselves to keep their company forward.

THE ADVANTAGES

As a producer of something, you can have all what you produce distrubuted to the end users or consumers through CyberMiles and have it use its p2p operations to manage the overall process. Transactions in such a way will make more meaning and achieve the desired results.

Although some systems are offering some of theae services offered by this platform, but it is important to trust CyberMiles more for that than these other platforms because in this new model, smartcontracts are involved in the activities and it is difficult to have it fail in a process or do lesser that what it was designed for. So many human error have lead to the failure of the existing structures especially in the aspect of payments and some other sensitive transactions that should be properly attended to.

Building apps on this platform is a great feature that is provided even though some platforms do such token but the quality of their services are questionable. While these other platforms specialises in all kinds of apps, CyberMiles is unidirectional in the type of apps that can be built on it which is just apps for business alone.
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This is the marked difference between Ethereum for instance and this platform. It is essentially made to enable business owners or merchants Build apps to aid their entire operations. This platform only uses the smartcontracts that are designed for business alone unlike others that uses smartcontracts that are constructed for other purposes. The users wouldn't need to go through the stress of building contracts for themselves but simply use an established one. There will also be great technologies in use for such businesses to be grown which will demand no extra effort from the part of the users. All they will have to do is register and start using these features.

All they would be using is the finished product of the platform and the smartcontracts will be the ones to make the difference. Tweaking this platform to do so much will be possible, it will be easy to use its Innovation because it will be cheaper to use and to develop the right app won't be hard for the users. This will be the smartest Innovation to be used. It's smartcontracts will be able to connect and interact well with each other with the provisions that has been made already. It will have cyberlinks that will make businesses able to meet up and relate with others in the distrubuted system.
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CONCLUSION

The struggles of businesses to do so many things and maintain the continuous flow of their operations to customers will be successful through the CyberMiles solutions. Using a perfect concensus algorithm will be something of respect and a leverage for such companies. Through bthe distrubution of the DLT and the features, it will be very wonderful to see a platform with nodes interconnecting so easily and having a perfect balance in the revolution of the ecommerce world.

USEFUL LINKS
Website: https://cybermiles.io/
Whitepaper: https://cybermiles.io/en-us/cmt/whitepaper/
Telegram: https://t.me/cybermilestoken
Twitter: https://twitter.com/cybermiles
Facebook: https://www.facebook.com/cybermiles
Beginners Tutorial: https://www.cybermiles.io/en-us/blog/hello-world

AUTHOR'S DETAILS
Bitcointalk Username: Chomsy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1759759

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