All You Need To Know About 5Miles Data Migration To CybeMiles Blockchain by jamisky

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· @jamisky ·
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All You Need To Know About 5Miles Data Migration To CybeMiles Blockchain
The introduction internet has helped the global population overcome a massive shopping problem due to e-commerce people can now purchase good and render service via the world wide web. However, despite the massive advantages the internet has brought to e-commerce in terms of efficiencies and conveniency Cybermiles is offering something bigger to the entire e-commerce industry through the use of revolutionary blockchain technology, Cybermiles will eliminate middleman thereby increasing transparency, reduce the cost of transactions and improve efficiency and throughput through smart contracts creation. This Content is not only to discuss the massive solutions Cybermiles is Offering even though it's will be utter negligence not to discuss it but also focus on a major milestone achieved by the innovative Cybermiles Project through the Migration Of 5Miles data to Cybermiles Blockchain.
![0_WK6l65sBOTG69Bdg.jpg](https://ipfs.busy.org/ipfs/QmbKvmmryyxCJ6tcyLFF2DQcV1sKDZQf9F9qSexVwLEvdM)


#### An Introduction To Cybermiles 

Discussing the massive achievements of the 5Miles data migration is important but I 'll briefly introduce Cybermiles ecosystem. CyberMiles is a decentralized blockchain platform which is created to revolutionize the E-commerce industry and online marketplace. Having expertly reviewed the various problems of the global e-commerce industry Cybermiles developers are certain blockchain technology is the ultimate solution. The Cybermiles team has with a blockchain with a library of smart contracts meant to handle every aspect of e-commerce ranging from database of shopping data, transaction information, enabling faster and transparent transactions having smart contracts and Cybermiles Coin (CMT a CMT20 Token on Cybermiles blockchain) all this is achieved with utmost privacy of users data. 

CyberMiles solutions are numerous, an all in one Blockchain solution to the e-commerce economy. The innovation offered by revolutionary blockchain has lead to the creation of massive ideas and resources through CyberMiles, which the first is smart business contracts this enables businesses owners to easily deploy their business on the blockchain. As the blockchain has been a very valuable and useful technology to numerous sectors and utilizing it here has conveyed to the massive development of business. CyberMiles has developed it a platform to enables businesses owner to use the blockchain to market, sell and manage their business. CyberMiles has recently being a monster in the E-commerce and online marketplace as users of other platform are presently compelled to use the platform due to its massive solutions. 

#### 5Miles data Migration To CyberMiles Blockchain 

One of the many solutions of Cybermiles blockchain is it allows businesses to use the Cybermiles blockchain to scale their business through the Cybermiles marketplace. 5Miles a popular e-commerce giant is exploring these benefits to scale e-commerce application on Cybermiles decentralized Public Blockchain.
![IMG_20190518_165050_156.JPG](https://ipfs.busy.org/ipfs/QmQMJzPATfNS27xr5mJ6LfwKsQXVMy865syfzbYvpw2iJs)

##### What Does 5Miles Data Migration Means For CyberMiles 

Even though it might look like a complex task the migration of over 15 million users globally 5Miles data migration and on Cybermiles blockchain is a major achievement. 5 miles user reviews will be uploaded on CybeMiles Blockchain which will offer transparency and integrity of the data. 

With 5Miles data Migration participants of the global e-commerce market and most importantly the 15 million existing users of 5Miles will be able to buy good with a stable coin on CybeMiles network. By doing this user who is familiar with fiat payment solution will enjoy the massive benefits of cryptocurrencies as a payment solution and the benefits it offers.

With the introduction of smart contracts creation. User will be able to use decentralized escrow services through a reputation structure put in place on- the CyberMiles network.  Chargebacks will be eradicated though and efficient conflict resolution system that is back by blockchain technology and smart contracts. 

Massive and attractive UI for users and an efficient search engine backed by smart contracts to enable users to set up for favorite product at any point in time efficiently. 

Support decentralized escrow payments via smart contracts. CyberMiles will offer a decentralized identity and reputation system will also be built to resolve escrow disputes in an automated and decentralized manner. Conflict resolution and reputation are critical aspects of successful e-commerce market places. This step will be completed within 3 months.
![IMG_20190518_165115_752.JPG](https://ipfs.busy.org/ipfs/QmeNoqUUvLNDrVN6327bfhYyCvoCucSuq3g1eKMueqg4tL)

#### The CMT Coin

CMT is the Native Cryptocurrency of the CybeMiles blockchain just like many ecosystems built on Blockchain technology. CMT is built on CybeMiles network according to the CMT20 Configuration. CMT will be used for transactions in the ecosystem. CMT coin has been listed on top cryptocurrency exchanges which include IDCM, Binance, DragonEX, Huobi, Coineal, Bithumb, Digifinex, and OKEx. It's paired against ETH, BTC, and USDT and also trading moderate volume with a good amount of traders. 

For More Information About CyberMiles and 5Miles Migration To CybeMiles Visit The Following Link
[5Miles Migration To CyberMiles Network](https://www.cybermiles.io/en-us/blog/decentralized-e-commerce-at-5miles/)
check CyberMiles Here 
[WEBSITE](https://cybermiles.io/) ||  [TELGRAM](https://t.me/cybermilestoken)  ||  [TWITTER](https://twitter.com/cybermiles) || [FACEBOOK](https://www.facebook.com/cybermiles) 

Author Information 
Bitcointalk Username: Jeborn || [PROFILE LINK
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