CyberMiles Foundation Limited ("CyberMiles Foundation") is a limited liability company that will be established in Hong Kong and managed under the non-profit method. The company will work closely with 5miles LLC ("5miles") for the development of CyberMiles: a next-generation eCommerce suite optimized for e-commerce and designed for the mass market.
By focusing on e-commerce and online markets, CyberMiles will integrate the latest blockbuster innovations to deliver on "Smart Business Contracts" in an extremely efficient and cost-effective series. Solve problems of system inertia associated with existing common block chains. CyberMiles Token - CyberMiles' token utility will become a "main token" in funding and deploying e-commerce applications and projects, similar to the way ETH is used for the next generation. Current ICO.
5miles is a leading ecommerce consumer consumer ("c2c") ecommerce business in the United States. The leading application of the business, called the 5miles app, has more than 10 million registered users in the United States and is estimated to exceed $ 3 billion in total transaction value by 2017. 5miles application is ranked 10th Top shopping in the United States. On average, 5miles users spend 24 minutes per day on the app, making this application easily one of the commercial apps. Take a look at CyberMiles & 5miles.
CyberMiles is a mass-storage technology developed by CyberMiles Foundation, a research-intensive mass-market research lab with 5miles. 5miles was established in 2014 by a team of world-class experts from China and the United States. Since launch, 5miles have raised about $ 62 million from leading firms such as SIG, IDG, Morningside and Blue Lake.
Since launching its application in 2015, 5miles has become a top 10 shopping application with over 12 million users and an annual transaction value of $ 3 billion. Founder CEO, Dr. Lucas Lu, previously co-founder and CTO of Light In the Box, a company listed on the New York Stock Exchange (NYSE) . Prior to that, Lucas was the first CEO of Alibaba's Taobao mobile platform.
What is the difference between CyberMiles and Ethereum (ETH)?
CM is developed specifically for commercial and transactional applications. Existing platforms tend to become less effective for contracts that govern specific commercial transactions, because those platforms are not designed to serve these purposes. In contrast, CM is currently being developed to build intelligent contract modules that maximize the efficiency of the information technology required for timely completion of the transaction.
CyberMiles is a cutting-edge blockchain for smart contracts. CyberMiles' smart business contracts are designed to be more powerful than the smartest of Ethereum. It will become the next generation Ethereum (ETH).
Cybermiles is optimized for ecommerce application field. It will provide a tremendous library of business intelligence deals related to e-commerce. This has created a powerful CyberMiles capable of establishing commercial applications.
Just like Ethereum's ETH, applications created from CyberMiles have the ability to use CMT to release their own ICO. The figure of more than $ 1 trillion is the size of the market for e-commerce applications.
CyberMiles can support tens of thousands of transactions (TPS) per second through the most up-to-date development phase, incorporating the latest innovations and state-of-the-art Proof of Stake (PoS) capabilities. Consensus. According to the contract signed today Ethereum only supports 10 TPS.
Because CMT is optimized for e-commerce use, it is designed to simplify decentralized payments such as ripple (XRP). The XRP arranges transactions between large banks while CMT's task is to arrange transactions between e-commerce and financial units where each unit is provided with the same capabilities and powers. Any unit has the right to initiate a conversation.
