PREAMBLE
The idea of using cryptocurencies in sectors is now yielding good results with the distributed economy in use. However, there are many phases to the use of cryptocurencies, and they have a way of affecting our daily lifes and that makes them very important. But looking intently at the online shopping scenes, it is nothing to right home about because there is a stage that can be reached where the use of the independent net would no longer be able to accommodate more of the operations that owners of businesses do. This is what makes the marketplace underdeveloped and not able to serve the interest of users well. Although buying and selling online is very interesting and great but nothing will be better than to have the DLT adopted in this activity. The two innovations are standard already, but when the two are now merged, it is only an understatement to say the new product is hybrid. But all what I am saying is no just going to an illusion as CyberMiles have come to do exactly as have said with tge introduction of the DLT and smartcontracts to the operations of cybercommerce
WHAT IS THE CMT PLATFORM CONTRIBUTIONS TO CYBERCOMMERCE
This platform has come to take over the control of the online shopping activities and taking its time to sponsor the entrepreneurs that sells in it with multiple and different types of intelligent smartcontracts which can make them boost of effeciency in their transactions and how they threat their clients. This platform is very big enough to accommodate this kind of approach towards innovating the long constructed cyber spaces. It has another plan of using of backing up existing sites on which people perform the shopping activities like eBay so they can have transparency in their operations. Here, there will be perfect customizing of processes, and agreement would be made for people to have a very transparent platform for all of those the DLT to have a secure and straightforward way of performing trading operation. A number of concensus protocols will be used like the fault protocols, Byzantine, proof of works and the proof of stake and all will work as one unit to achieve the improvement.
THE DETAILS OF THE ECOSYSTEM
Specifically, this innovation is meant to serve the clients and those who stand as entrepreneurs in the sector. This platform as a result of the research foundation that serves as the backbone of this platform. It forms a bond with another interesting platform called 5mile, this project have existed way before CMT was launched. So as an already established platform , it would work hand in hand with ths new Innovation to ensure the smooth running of every other operations.
ADVANTAGES AND QUALITIES
Minners would be changed to work on tbe ecosystem and be paided for their activities on it. This will be done to motivate the miners and allow the proof of stake algorithm take over the entire system. The throughput of transactions in one second will high, very efficient and safety will impacted to the project such that all nodes will be useful for the encryption of data that should be kept in the platform.
This project will make the merchants that serves goods able to reach all of their customers with services and also enjoy the distrubuted nature of the process. Since the best use of smartcontracts will be ensured, the platform is going to thrive and become very viable and active in providing the services to the end users while all forms of disagreement and conflicts between the users would be avoided in the community. The CMT token will be used as rewards for some catergories of stakeholders like the arbitrators in the system, the exceptional users and merchants as well as the holders of the token. However, the token would serve several needs and keep the drive of the ecosystem with the social nature and how it will make it easier for users to connect against their beliefs or values. It helps them to settle all their differences and the nature businesses they get involved in while using the cyber space. This innovation supports thw taking of loans by users even though the loans would be given by other users that have funds in excess. The loan borrower and lender will be guided by contracts that will make the process straightforward and transparent.
The Team
CONCLUSION
The ICO of the token has been completed already so the tokens are available to be used to sponsor the transactions in the community. To get this token and use them will be absolutely remarkable because it is like a gateway into the real core of then project without which so much can be done. It is therefore sure that the cyber community will receive an instant turnaround as users take this platform seriously through massive adoption of its innovation.
For More Information please Visit:
Website: http://www.cybermiles.io
ANN Thread: https://bitcointalk.org/index.php?topic=2344875
Project Whitepaper: http://www.cybermiles.io//wp-content/uploads/2018/03/Project-white-paper_en-US.pdf
App Download Link: https://play.google.com/store/apps/details?id=io.cybermiles.cmtwallet
Twitter: https://twitter.com/cybermiles
Facebook: https://www.facebook.com/cybermiles
Telegram: https://t.me/cybermilestoken
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1755292;sa=summary