Overview

Website : https://www.cybermiles.io/

The e-Commerce market has long been an integral part of our daily rhythm of life. It has become much more convenient for people to buy and sell their goods via the Internet. According to statistics, this trend is increasing several times a year, once again proving its effectiveness and relevance in the masses of modern society.

Many of you probably have not once bought any goods for yourself and your home, and maybe even for your office or workshop. Most often, the whole process of buying takes place by means of various electronic platforms, which is a huge electronic catalog, where all available products are concentrated.

Internet has played an important role in harnessing the e-commerce marketplace. It connects buyers and sellers from all over the world and facilitate a business relationship between them. It allow users to purchase products by sitting in their home and products got delivered to their door step. Here someone creates the products and sells them on online platform and someone buys it. This process is known as trade relationship. From the ancient times we are following this trade principle till today. Nothing changed just the technology has given more tools to perform it in a better way than earlier. But everything is not so sweet as it seems. The e-commerce marketplace is having many fundamental challenges which needs to be addressed immediately.

About 5Miles

5miles is a leading customer to customer (c2c) e-commerce network in the United States with more than 10 million active users. It has surpassed $3 billion dollar worth transactions in 2017. 5miles app is in the list of top 10 shopping application in US. On an average every single user spends at least 24 minutes a day on the 5miles app and is the most engaging shopping application. 5miles is actively developing blockchain based e-commerce solutions and aimed to revolutionize c2c e-commerce network.

More infomation here:

Problems

The e-commerce marketplace is the largest industry in the world today; And is also having that much of associated problems. Today's e-commerce network is completely centralized and fully controlled by big market players. The centralized system has provided them an advantage to rule over the marketplace. Today's e-commerce industry runs on archaic business model and outdated technological methods. The market is completely filled with large number of intermediaries and wasteful processes which drives up the product cost more than 15% of its original price. That's why the end customer will receive the product at far higher prices due to the unnecessary intermediaries.

But change is the law of nature and every new technology replaces the old one and creates a way towards the future. In the recent years the world has witnessed a revolutionary technology called Blockchain. It's immutibal properties attracts every person around the world and businesses are began exploring the use blockchain into their core applications. Now thanks to CyberMiles project which is aiming to revolutionize the e-commerce through blockchain technology.

Main aim of the CyberMiles project

Create a blockchain technology powered decentralized protocol which aims to empower e-commerce marketplace through specifically designed smart business contracts. It provides an opportunity for every retail and online businesses to get adopted blockchain and smart contract facility into their business workflow and provide quality service to customers.

Advantages of the CyberMiles project

One of the main advantage of CyberMiles is that it is community driven and community oriented e-commerce marketplace. The CyberMiles blockchain protocol will incentivize every community participants including buyer and seller. Adoption of blockchain technology brings transparency, security and trust in every platform operation. Smart Business Contracts offered by CyberMiles will help every type of business to easily implement and automate their processes. This complements eliminates need of any intermediaries and commissions associated with them. This helps to bring down products price and gives benefits to end consumers. This also helps to resolve any conflicts if arises between market participants.

Decentralization gives power in the hand of community and they can decide and future developments and their voting helps to resolve any conflicts. Simple say, it is the community driven e-commerce solution to every market participant.

CyberMiles Token

• Token ticker: CMT
• Total tokns: 1 billion
• Present circulating supply: 800 million

The CyberMiles CMT token is presently listed in top 20 cryptocurrency exchanges such as Binance, OKEx, Houbi Global etc.

Link: https://coinmarketcap.com/currencies/cybermiles/#markets

Project team

Conclusion

At the end of this review, we would like to note the fact that many large companies and organizations of both the world of e-Commerce and the cryptocurrency market actively cooperate with CyberMiles and 5miles, which already has a positive impact on their further success. After all, the presence of powerful and reliable partners says only about the long-term intentions to bring the started business to the end, thereby creating the most reliable and advanced e-Commerce platform of the new generation. While eliminating all existing defects of traditional centralized projects, as well as introducing new and highly effective tools.

You can get acquainted with the project in more detail by referring to the social and media resources proposed below, where the developers have prepared a full review and analysis of all the technical components of their entire concept. As well as a number of other supporting materials and articles. That's it for me and see you soon!

Official resources of the Cybermiles project:

WEBSITE: https://cybermiles.io/en-us/
TELEGRAM: https://t.me/cybermilestoken
PROJECT WHITEPAPER: https://qps.ru/o1WP7
TECHNICAL WHITEPAPER: https://qps.ru/5bPpi
ANN THREAD: https://bitcointalk.org/index.php?topic=2344875
FACEBOOK: https://www.facebook.com/cybermiles
TWITTER: https://twitter.com/cybermiles
REDDIT: https://www.reddit.com/user/CyberMiles/
GITHUB: https://github.com/cybermiles

AUTHORSHIP:

MY BITCOINTALK USERNAME: lord1994
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1745413
MY CMT ADDRESS: 0xbc66015c84230d3bd1f0703f1d22d352c61030cc

Disclaimer:

The material provided here is for reference only and do not specify any objectives, financial situation or needs of your own. Although this document was prepared, we do not provide any confirmation or assurance (directly or indirectly) about the accuracy and integrity of it. To avoid confusion, this article only serves the sole purpose is to provide general information and not give any professional advice or recommendations financial

#CyberMiles #5Miles Data Migration