INTRODUCTION
This is a real innovation for the ecommerce sector created in Hong Kong. It is developed as an important foundation and was created to revamp the activities of the online shopping and how people get and provide services. This innovation works closely with 5miles that actually provides support to its Innovation and allows it to be embraced and used massively. That is what makes the ledger chain useful in the process and able to be leveraged rather than working on its own. This target of this cyber Innovation is towards the ecommerce and the market associated with it. It will be resolving all the inbalances in the manner of operations and how owners of store online does their distrubution of goods to the consumers. That means the cybercommerce sector would be redefined and made to be free from the daunting challenges that overrides it. The effeciency of this platform comes with the use of smartcontracts for every operation performed, in order words, it automates the entire services in the sector and design a more comfortable marketplace that can be controlled easily using tokens and the simplest features to empower the sector.
THE KEY FEATURES OF CYBERMILES(CMT)
The platform works well with bthe existing ETHEREUM platform. It has full compliance with it and by the recent technology used is able to scale higher and better than it. The activities of users per seconds of this platform is greater. The security of this network is controlled or manned by smartcontracts that are assigned this responsibility. They help to prevent the entry of destructive bugs or bugs that can render the system porous for hackers and other illegal impostors to come in and decieve users that are legitimate. Doing this makes it prevent the loss lf fund and provides a transparent system where all activities can be done without any problem.
The cost that is needed for the operations are really low and in most cases there are usually no cost attached to these operations that takes place in the system. This innovation is very affordable and have so many benefits for users to enjoy as they be a part of it. This feature takes care of the security too and make it inpenetrable.
Very importantly, it uses its CMT token for the primary functions in the ecosystem. This token behaves just like the way other platform's token behaves and open new doors of opportunities in the ecosystem for those who purchase and hold them. It plays an utility role in the ecosystem and make members able to use it for any purpose at all in the community. It is also used for rewarding the users and encouraging new users to stay around and use the platform so they too can continue to get incentives.
All the activities on this platform are maintained, the cyber commerce operations are improved and payments is done more effortlessly with the introduction of the new platform. It does well to keep the full records of the inventories in the system of all the stores in it and every single work done are all recorded in a secure way. Both the current and past records of operations are kept for companies in it to make quick reference to them when need arises. The buyers and sellers can easily access this vast network and store up all credible information in it through encryptions. This platform allows users to share services, to use smartcontracts for their operations. The smartcontracts comes in the form of a software that could be installed and then deployed to work automatically for them to facilitate the ease of the cyber commerce activities.
The entire ecommerce operations won't be complete without the use of the token. The CMT token functions just like the way other do and completes the entire process or activities of cyber commerce.
This CMT token will also serve validators as their rewards. The holders will be able to contribute to taking care of the ecosystem and as they are professionals, they will enjoy so many priviledges on account of the holdings.
The developers too aren't left out in this, they will be able to focus on the development of the platform without loosing focus or compromising the standard that has been agreed on. They will have rewards through CMT and contribute to the values that is being added to the network. Then it would be free from tampering by any other external agents and other centralised bodies that can come against its features and manner of operations.
CONCLUSION
Gradually, as this platform uses it tools to bring the changes that are needed in the community, things will become easier for the entrepreneurs in the cybercommerce space and all of the operations will become automated with no errors as the smartcontracts are used.
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: Waltermeks
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2576323
