CyberMiles is a decentralized blockchain platform that focuses on the e-commerce sector. It aims to provide blockchain-based smart contract capabilities specifically tailored for the needs of online-marketplaces and digital businesses. CyberMiles aims to improve the efficiency of online transactions, reduce associated costs, and provide a secure and transparent environment for buyers and sellers.
The CyberMiles platform utilizes its native cryptocurrency called CMT. CMT is used to power the platform's smart contract execution and is required for various transactions and operations within the network. It can be used for payments, incentivizing participants, and facilitating the creation and deployment of decentralized applications (dApps) on the CyberMiles blockchain.
The underlying technology of CyberMiles is based on the Ethereum blockchain, utilizing a modified version of the Ethereum Virtual Machine (EVM). This enables developers to leverage existing Ethereum tools and technologies to build decentralized applications on the CyberMiles platform.
CyberMiles has various features tailored specifically for e-commerce, including a built-in marketplace template for developers to create digital marketplaces easily. It aims to provide a more user-friendly and efficient alternative to traditional e-commerce platforms, by reducing the need for intermediaries and improving overall transparency and trust.
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