The stock market is not as transparent as it ought to be. There are many human influences that affect the prices of certain stocks that are not supposed to. Insider trading and such like factors are negatively affecting fair trade in the stock market. For cryptotrading, influencing the prices of cryptocurrency or other cryptoassets is not as easy but it is still possible. However, blockchain technology, which supports all cryptoassets, will help solve the problem of unnecessary human influence over cryptoassets trading. Through the Signals platform, the prices of cryptoassets and trading in cryptoassets will only be based on factors that are supposed to influence it. The core business of the Signals platform is to have a marketplace where advice on the best cryptoassets to trade in is given to cryptotraders to make cryptotrading more profitable for them. This will be carried out through special trading robots that will be coded to perform trading functions as desired by cryptotrader.

Signals platform will depend on the data that is fed to it through its members. The internet is a vast platform. Collecting data by an individual system would take such a long time. Signals will provide a space through which their members can collect data from different internet sources and sell them in this space. Signals calls this the data marketplace. Any relevant data to cryptoassets trading can be uploaded on the platform. Refining this data will also be a priority in the Signals platform. Not everyone may understand the format in which the data may be represented. Signals will also have a marketplace where users can offer to refine the data provided and present it in a simplified and understandable manner.

Once these processes are complete, the data provided can be used by strategists to come up with the best way to go about cryptoassets exchanges. They can come up with plans which advice on when to invest in cryptoassets and which type to invest in. They may also decide to sell this strategy especially when it has worked for them and the returns made were great. Furthermore, Signals will also have a subscription service where their members can subscribe and receive preset trading robots that trade on their behalf according to the aggressiveness in investment and the risks they want. The trading robots will be using machine learning which means that they will get better and better after every trading cycle.

Signals aims to provide these services and even more. However, they also need to make some profits for their platform in order to provide these services efficiently. Their business model is based on the transactions that will be carried out in their platform. They will be charging a fee for every transaction that takes place. For payments in the platform, the SGN token will be the official currency. All trading will take place only through SGN. Its use will be a contributing factor towards the success of Signals.

The Signals crowd sale is coming to an end. By 30th April 2018, the sale will be done. This period is availed for those interested in the project to purchase their tokens and experience what the platform has to offer. These tokens can be bought on https://signals.network/registration-status. The Signals website, http://signals.network/, gives more information about the platform.

THE SIGNALS CRYPTOTRADING PLATFORM was originally published in ICO Reviews on Medium, where people are continuing the conversation by highlighting and responding to this story.

Trading in equity markets or in cryptocurrency exchanges is an exciting venture that promises great returns when the right methods are applied. Cryptocurrency exchanges have been there for sometime but only people who were tech savvy and understood the market participated in them. However, in the last half of 2017, particularly towards the end, there was a boom in cryptocurrency markets mainly due to the value that Bitcoin gained during this time. With a value of over US$ 10,000, the prospect of gaining from cryptocurrency was at an all time high. However, the cryptocurrency market is volatile and you can never be too sure of current market trends. The cryptoassets trending change almost daily as investors hop on to cryptoassets with the most promising returns. Trading in cryptoassets requires one to at least have some good knowledge on the market which may be a workload for some, especially those new in cryptotrading. Therefore, a company known as Signals came up with a platform that aims to simplify cryptoassets trading and make it more predictable for those venturing into this marketspace. Signals platform will use blockchain for transparency of the processes they intend to carry out.

knowledge, the investments made may not bring any returns due to uninformed choices. The Signals platforms is intending to use computing power and data from different sources to monitor movements in the cryptotrading world and advice its users on the best cryptoassets to invest in. It will do this through different marketplaces which will provide what their users require for the market predictions needed.

Data is an essential factor; therefore, Signals will have a data marketplace where data on cryptoassets from different sources in the internet will be sold to its members by its members. This data sometimes comes in a technical form which may not be easily understood by everyone. Signals will have a different marketplace where this raw data is refined to a document that can easily be understood by everyone in the platform. From this data, users can then come up with investment strategies. These strategies will then be fed into a trading robot which will execute its instructions as fed by the owner. For those who may be unable to come up with good strategies, there will also be a strategy market place where users sell their strategy to other members. All these features will be pieced together by the Signals strategy builder.

The Signals platform will be accessible through smartphones via there application. The aim is help traders participate in live trading by receiving notifications when they occur. They will also receive notifications when their bot finds a good cryptoassets to invest in. The smartphone app will increase the convenience of Signals.

The SGN token will be used for the dealing that will take place in the Signals platform. It will also be used to raise the funds that Signals needs to build its platform. This project is meant to improve cryptoassets trading. You can support Signals by purchasing their tokens through this link https://signals.network/registration-status. The Signals platform is detailed in their whitepaper which can be accessed through https://cdn.signals.network/docs/signals-whitepaper-en.pdf. The token sale ends by April 30th, 2018.

INFORMED CRYPTOTRADING CHOICES THROUGH SIGNALS was originally published in ICO Reviews on Medium, where people are continuing the conversation by highlighting and responding to this story.

Now, the data that is needed to come up with accurate assessments of the cryptoassets in exchanges will be provided by the members of the Signals platform. Signal will incentivize this program to encourage more people to give the data they have on the market in relation to the many cryptoassets available. Incentivizing will be done using the SGN tokens which will also have other roles in the platform. This will take place in what is known as the data marketplace. There will also be a marketplace known as the indicator market place where the data collected will be presented in a simple and understandable manner. The technical terms that will be in the raw data will be made simpler for investors to understand.

The data collected will then be fed into trading bots which will execute trading in exchanges depending on how the owner of the trading robot wants it to. There are a number of subscriptions that an investor can select when using these trading robots. Each determines the aggressiveness and style of trading the bot will take and also includes a projection of the expected results. Furthermore, if an investor does not know which strategies to use, there is also the strategies market place where other investors sale their trading strategies. It would be easier picking from strategies that have previously worked. For the investors that offer their strategies, they will receive remuneration for their intellectual work.

Signals will make its platform even more convenient by offering live trading for investors and sending notifications directly to mobile phones of their platform members. This will ensure that every trading opportunity that is discovered by your trading robot is not missed. This will be made possible through Signals’ mobile application.

The SGN tokens will be a vital tool for the Signals platform. Apart from being the trading currency of the platform, it will also serve as the tool through which Signals will raise funds for the development of this platform. Purchasing of the tokens can be done via https://signals.network/registration-status. The funds that will be raised will be solely used for the purpose of Signals development. Details on the token sale can be read on https://cdn.signals.network/docs/signals-whitepaper-en.pdf. Owning SGN will give you access to the services that Signals will provide. This may just be your ultimate cryptotrading partner.

SIGNALS NETWORK was originally published in ICO Reviews on Medium, where people are continuing the conversation by highlighting and responding to this story.

You have probably heard of blockchain by now. The eruption of blockchain applications in 2017 put blockchain on the lips of a large percentage of the population of the world. Business analysts were unable to predict anything when it came to cryptoassets. Many of them were being created by the day and it was hard to keep up with each one of them. You could not predict which one would rise in value or which one would fall. Demand for cryptoassets rose in such a short period of time. The only problem investors were facing was inadequate knowledge of the market as trading in cryptoassets was a relatively new thing. The returns seen by those who invested in Bitcoin before late 2017 or early 2018 encouraged more people to invest even with little knowledge of the market. Flying blind may not be the best way to go while investing that is why the Signals platform is offering a trading solution for cryptoassets.

The Signals platform will have a platform whereby data can be fed from different sources, analyzed and then used to create trading bots that will function according to the needs of the owner of the bot. Creating trading bots and coding them to behave in a certain way may not be easy for everyone therefore Signals will have a system where anyone can dictate the actions of these bots without necessarily having any technical know-how.

Signal will have different marketplaces where the necessary information required for the trading bots will be sold. There will be a data market place which can be sourced from different platforms to determine the general mood of the public towards a particular cryptoassets. This data will then be converted into simpler terms that can easily be understood by anyone through the indicator marketplace. There will be different features in the indicator market place all involved with processing and simplifying data. The strategies market place is where investors may sell their trading strategies to other users in the platform. There will also be a subscription service where users of the Signals platform can select the type of trading method they want executed by their trading bots. The method selected will then be applied for the period of time subscribed.

The platform Signals is developing is blockchain based. It will therefore be secure and transparent. There will also be other security features that will support convenient trading while maintaining safety of the cryptoassets. The services provided in the platform will attract some fees which will be paid in Signals Token or SGN. This will be paid to those who provide data and also to the Signals platform whenever any transaction is carried out. The subscription plan for cryptoassets investing will also be paid for using SGN. Signals will gain from these activities as well as its service providing members.

Signals is having a crowdsale to raise money towards developing its platform. The sale ends on 29th April 2018. You can support the platform by purchasing SGN on the link provided below. More details on the token sale and the entire platform can be found through their website which will also be linked below.

· https://signals.network/ — Website for the Signals network

.https://cdn.signals.network/docs/signals-whitepaper-en.pdf — Whitepaper for the Signals network

· https://signals.network/registration-status — Link to direct purchase of the SGN

CRYPTOASSETS INVESTMENT SOLUTION was originally published in ICO Reviews on Medium, where people are continuing the conversation by highlighting and responding to this story.

These are a just a few use-cases of what Shivom intends to achieve with their offerings and solutions. The Shivom proposition is broken down in two parts;

1. Genomics for everybody

World-wide healthcare is expensive and genomics is affordable to a small fraction of the world population. Shivom intends to subsidize genomic testing and make it affordable to everyone including populations in 3rd world countries. Shivom will offer two affordable kits (EX & WGS) which can be delivered anywhere in the world. After providing a saliva sample the kit can be shipped back or Shivom can pick it. The genetic raw data is then uploaded in the user’s secure account after sequencing.

2. Open-source platform & Innovation Hub

The Shivom Open platform will enable different users to connect and develop apps via APIs. This will include public institutions e.g. governments, hospitals, pharmaceuticals, third-party apps developers and other health-care professionals.

If you share the same vision, you can take part in their token sale, which is starting soon, visit https://shivom.io

For more information
Website: https://shivom.io
Whitepaper: https://shivom.io/documents.html
Telegram: https://t.me/projshivom
Twitter: https://twitter.com/projectshivom

APPLYING BLOCKCHAIN IN GENETICS was originally published in ICO Reviews on Medium, where people are continuing the conversation by highlighting and responding to this story.

The Morpheus Network is a unique blockchain application that is set to change the way part of the world operates. It is going to be built on the Ethereum blockchain and have an ERC-20 compliant token known as the Morph token. This is going to be the fuel that runs the Morpheus Network platform. Besides its blockchain platform, Morpheus will use other blockchains and different technological applications as well in its quest to improve the world and make it a better place. The Morpheus Network plans on transforming supply chain in relation to global trade.

Global trade in its current form is okay. It works, for starters, and we get our goods delivered. But can we really settle for okay? If we can send people to space, then we can do much more with what is here on earth. Blockchain technology is the wave that we can ride as we transform our out dated systems. Global trade is one of them. There is a lot involved before a transaction is accepted and goods are given the greenlight to move from one country to the other. Even trade involving bordering countries is complex. All these complexities and bureaucracies are done in the name of security and creating records yet what they are good at is wasting time and money for those wishing to trade. It discourages a lot of people from importing or exporting goods. Most people who would want these services end up outsourcing them to third parties who frequent in imports and exports. This supports the use of middlemen who end up increasing the overall price for imported products or exporting as their payment also has to be included.

If there is one thing we should have learnt from tech by now is that it is the safest method of securing deals. It was a bit shaky in the past but blockchain cemented tech’s prowess in security. Entries made on blockchain cannot be deleted or manipulated in any way, they are said to be immutable thus this tool in itself can change a large part of global trade. There are a lot of forms filled that are used to tie traders to a particular import or export. All these can be safely and securely done on the Morpheus Network platform through blockchain. Since all transactions on any blockchain are immutable, transacting parties will always have a clear record of every transaction they have ever done.

Furthermore, all the details that are usually obtained through these forms can be obtained through blockchain. Details within the platform will be confirmed through KYC (know your customer) forms that will be filled by every member of the platform. This ensures that any fraudulent persons in the system can easily be caught up with through the information provided and confirmed by Morpheus Network. Other forms such as custom forms can be integrated in a smart contract. Smart contracts are digital contracts which contain requirements that have to be met by trading parties for any transaction to take place. Having custom forms and the likes in a smart contract will provide for easy filling and quick execution of a transaction. Confirmation of the authenticity of these forms will also be removed as them being on the platform is already enough proof. Through this, people will have more confidence in conducting trade through the platform as their fears of spending a lot of money or losing money and losing their goods will be quashed. In addition, the Morpheus Network will also have an escrow service on its platform which is also another assurance of security of goods and money.

How is Morpheus Network going to achieve this? Well, first of all through smart contracts. These have already been explained and that is why Morpheus Network is basing its platform on the Ethereum blockchain. Morpheus Network is also going to use artificial intelligence. This will be essential in coming up with the best conditions for conducting transactions efficiently. It will factor in occurrences such as port delays during its data collection and give feedback based on this. Artificial intelligence will also be used as a tool to prepare compliance documentation for transactions in the platform. The Morpheus Network is also going to have a system whereby money can be sent to over 1600 banks worldwide with native currencies. This is going to be made possible by the integration of SWIFT in their platform. Through blockchain, they will have a peer to peer transaction that will greatly improve the speeds of transactions. It will also reduce the amount spent per transaction. Only about 1% of the transaction will be required as fees for the Morpheus Network.

Security is going to be tight in the Morpheus Network. A hybrid system that incorporates all the strong features from public and private blockchains will be used. Secure and transparent will be the theme from the capabilities of these system. Documents on the platform will be secured according to the members’ needs. Documents can also be verified even though the owners remain anonymous. The system will also undergo checks and testing to ensure that everything is running as desired by the Morpheus Network Team.

The Morph token will be a staple in the network. It will be the basic requirement for carrying out any transaction in the platform. It will also be part of the reason why Morpheus Network is able to conduct fast money transfers across the world. Morph will be bought through fiat or cryptocurrency during the Morpheus Network ICO. Their ICO is running for one month between March 22nd 2018 and April 22nd 2018. Morpheus network has already conducted one ICO even, the pre ICO, where more than US$6.5 was raised. It hopes that this will raise even. The proceeds from this campaign are going to be used to develop its platform and provide its users with the best trading experience the world is yet to see. You can join in the ICO by simply going to https://morpheus.network/token/. You can also access more data through their website on http://morpheus.network/. Their whitepaper contains more details on their project. It can be read on http://morpheus.network/whitepaper/.

MORPHEUS NETWORK: GLOBAL TRADE MADE CONVENIENT was originally published in ICO Reviews on Medium, where people are continuing the conversation by highlighting and responding to this story.

However, technology is always improving and we find new solutions to our problems. Blockchain has come to aid. Its unique approach to systems will help streamline the trading industry. The Morpheus Network is developing a platform based on blockchain which will focus on creating supply chain platform that will revolutionize trading. The Morpheus Network hopes that through its platform, billions of dollars will be saved in terms of time and other resources that will be saved. The Morpheus Network platform is going to be based on the Ethereum blockchain. Ethereum will help the Morpheus Network automate its systems through the use of the revolutionary Smart Contracts.

The Morpheus Network will have a number of smart contracts that have been predetermined on their platform. They can use these to quickly fill out what is required for shipping to take place. These smart contracts will be acceptable to trading partners within the Morpheus Network community. Shipping and customs could all be sorted out in one smart contract. Because all these details are given out in a blockchain, members of that blockchain will be able to receive real-time updates of their shipment and details pertaining to them. All documents they will have filled will be visible with all the details. These details cannot be tampered with due to the immutable nature of entries in a blockchain which provides for a necessary security feature in the Morpheus Network platform. To make shipping even more in their platform, Morpheus Network will be integrating their blockchain with other technologies such as an RFID scan and the Walton Blockchain.

On security, the Morpheus Network will use a hybrid security system known as a Permission-ed Blockchain which will integrate elements of a private blockchain and of a public blockchain to maintain transparency and still have top notch security in the platform. This system will allow documents in the Morpheus Network to be accessed by permission-ed accounts only. Documents within the platform can have anonymous owners yet identifiable by trading partners. This makes the documents easily shareable in the platform yet secure at all times as only the trading partners have verification tools to know who they are communicating with. Now, since blockchain builds up on data that has been previously stored, the Morpheus Network will store some of the documents off chain to allow for the full utilization of the platform. Storing data off chain will also increase the security of private data.

The Morpheus Network will perform a series of tests to ensure that their product is of the highest quality and can meet the demands of their customers. System integration testing and business acceptance testing are just some of the tests that will be carried out by the Morpheus Network team. This testing will also be important as the results obtained will be important in determining how the platform will be managed.

The Morpheus Network wants to create a platform where currency will not be a hindrance to trade. Because of this, it is partnering with SWIFT, which will allow it to have seamless transfers across 1600 different banks worldwide. This will make payments for shipment and any other required payment smooth and efficient as this system also allows local currencies to be sent internationally without any hassle. Morph, the official ERC-20 complaint token of the Morpheus Network, will also play a huge role in the platform. They will be the basis of ‘value’ in the platform. Also, other services such as escrow will also be provided in the platform. This will be important in increasing trust in the Morpheus Network platform as trading parties will have assurance that their money and their goods will be safe. All smart contract requirements will have to be met before either is released to the trading parties.

The world trading structure could be influenced positively from the system Morpheus Network wants to introduce. A safe, secure, transparent and efficient system is what Morpheus Network promises when its platform is fully adopted. Billions are lost yearly due to the ineffectiveness of the current trading structure that is used. The Morpheus Network system would greatly improve trading time which is essential for perishable products such as flowers. Its instant money transfer feature promises to reduce delay in payments that is usually experienced due to bank delays. Frictional costs that are as a result of banks are also set to go down when the Morpheus Network is fully adopted. This adoption cannot be made possible if the Morpheus Network does not exist. Morpheus Network is currently working on a way that will help them raise funds to create their industry changing platform. They are carrying out a crowdsale on their Morph tokens which will be valuable in their platform. This crowdsale will continue until April 22nd, 2018. The vision that Morpheus Network has for global trade is an impressive one. You can support the actualization of their project by participating in their crowdsale. Links to their crowdsale and where further information about Morpheus Network can be obtained from will be given below. Be part of the change!

Links:
1. http://morpheus.network/.
2. https://morpheus.network/token/.
3. http://morpheus.network/whitepaper/.

MORPHEUS NETWORK: AN EFFICIENT TRADING PLATFORM was originally published in ICO Reviews on Medium, where people are continuing the conversation by highlighting and responding to this story.

It is time we revamp the trade industry especially international trade with regards to supply chains. It is such a pain importing or exporting goods. There are so many hurdles one has to pass in order to successfully complete a trade deal. The structure makes it tedious for any newcomer to participate in international trade. Only frequent traders understand how the trading industry works and how to maneuver the various hurdles on the trading path. But, even they have to wait for weeks to have their goods shipped or delivered to them. This is an inconvenience to a lot of traders as it causes loss of money through delays. It also leads to high prices of import products as, apart from the tax, a lot of add-ons have to be factored in while calculating the retail price of these products.

Now, Morpheus Network comes as the mechanism to revamp trade as we know it. It is developing a user-friendly interface that will serve as an access to its platform. It hosts brilliant ideas that will be made possible through the use of blockchain technology. The Morpheus Network, when successful, will undoubtedly be the go to platform for all trading needs. The time spent filling a lot of paperwork will be history as Morpheus will integrate all requirements into one network. Basing its platform on Ethereum, users will be able to come up with smart contracts that define the terms of any transaction they would want to carry out. All the necessary documents would be made available through smart contracts and because of blockchain’s data storage and access system, each party will be able to key in their ends of the smart contracts with both parties seeing the developments on their end. On top of this, the Morpheus Network will also use Know Your Customer forms to ensure the identity of all trading parties thus ensuring security in all trading activities within the platform.

With regards to making trade more efficient, the Morpheus Network will use artificial intelligence(AI) in their network to gather information on all trading activities and come up with the best way to optimize them through the data they will have collected. Through this information delays will be identified and corrected, traffic will be monitored to find the best route for shipments and weather patterns will be studied to advice companies on the best method of transport to use for trade.

The Morpheus Network will have access to over 1600 banks which will make transfer of funds between countries far much simpler. It will employ the use of its token system based on Morph, its value token. This will allow their users to transfer funds with much less frictional costs incurred. Morph will also be a requirement in the Morpheus Network in order for trading activities to be carried out. The Morph will also be a vital tool for Morpheus Network to raise the necessary funds required to develop its program to a structure disruptive trade platform. The Morpheus Network is on its second phase of its ICO which is the public ICO. So far, over 6 million in US dollars have been raised through the pre ICO that ended on 17th March 2018. The public sale will run till 22nd April 2018. You can purchase the Morph tokens via this link https://morpheus.network/token/.

Reference links:
· https://morpheus.network/whitepaper/
· https://morpheus.network/

Disrupting The Trade Industry Through The MORPHEUS Network was originally published in ICO Reviews on Medium, where people are continuing the conversation by highlighting and responding to this story.

The Morpheus Network is an upcoming supply management platform that aims to improve greatly the way goods move between countries. There are a lot of complexities involved in importing and exporting. A lot of paperwork needs to be done for goods to move from one country to the other. This usually leads to a lot of delays that affect companies and whole economies around the world. Take for example what recently happened to the car manufacturer BMW. They had to stop the production line of some of there products as the supplier was unable to deliver important parts to their factories around the world. This delay is probably going to affect them in some way. These are the types of problems that need to be done away with in this era that we live in.

Due to this and similar problems, the Morpheus Network is using blockchain to solve these problems. The Morpheus Network will be based on the Ethereum network blockchain. Ethereum offers the development of customized smart contracts. Smart contracts are probably the greatest innovations especially when it comes to controlling transactions. The Morpheus Network will use this to do away with administrative problems associated with paperwork. Their smart contract will contain all the necessary requirements for any import or export to be completed. The hassle of sending physical paperwork back and forth between countries will have been removed through the smart contract system. Blockchain will allow for both trading parties to fill their contracts from their own ends with every detail being visible to both parties. This will ensure transparency in the network. For the supply chain network to work as envisioned by the Morpheus Network, they will combine their blockchain with other relevant blockchains such as the Walton Blockchain which will help them in the whole supply chain process.

The Morpheus Network will be powered by their token known as Morph. Users will be able to access the Morpheus network through Morph. Through Morph, payments will be made simpler around the world. More than 1600 banks can be reached through this token system. Morph can easily be obtained by converting fiat or cryptocurrency through the Morpheus platform. This will make it easier for trade that involves different currencies.

The Morpheus Network had a successful pre ICO sale and are now having their public ICO which runs until 22nd April 2018. Through the ICO events, the Morpheus Network hopes to raise funds that will help it develop its platform. It also wants to involve the public in its development. If the Morpheus vision resonates with what you want to see in the future, you can participate in their token sale through the following link, https://morpheus.network/token/.

You can also read more about the Morpheus Network through https://morpheus.network/whitepaper/.

Visit Morpheus on their official website, https://morpheus.network/.

THE MORPHEUS NETWORK was originally published in ICO Reviews on Medium, where people are continuing the conversation by highlighting and responding to this story.

A serious firm that is focused on using blockchain as a problem solver is CyberMiles. This was not just a random idea that some upcoming developers concocted in some café as it is with some of the blockchain based companies. CyberMiles was strategically developed and is in its fourth year of development. CyberMiles was born out of the parent company, 5miles. 5miles is a shopping application that is successfully serving more than 12 million US citizens and conducting transactions worth over 3 billion US dollars annually. It is among the top 10 shopping apps preferred by US citizens. Though it is still a long way away from dethroning other marketplace applications such as Amazon and E-bay, 5miles will be a strong contender through its CyberMiles project. 5miles saw the potential of blockchain in online marketplaces and e-commerce which prompted their team to start developing a blockchain that is solely focused on solving e-commerce and online marketplace solutions.

CyberMiles is more than just another blockchain application. It is the blockchain solution that will disrupt the e-commerce space. If executed perfectly, even established platforms like E-bay will find reasons to partner with CyberMiles. CyberMiles is being developed as a blockchain protocol just like Ethereum. However, having oriented itself in the e-commerce space, CyberMiles will serve online marketplaces better than any other company based on the Ethereum blockchain. Ethereum still offers okay services, but it is not specialized as CyberMiles is. This specialization strategy taken up by the CyberMiles development team is the future of blockchain application. Generalized platform may not always upgrade to serve upcoming niche markets, that is why blockchain protocols, such as the one CyberMiles is building, are needed.

There are a host of problems facing blockchain protocols such as Ethereum mainly based on the transfer speeds that transactions are processed. Ethereum processes about 15 transactions per second which seems like a good speed but if you consider that they are transacting millions daily, then it is likely to cause delays in transactions. The same is being experienced by Bitcoin which processes even fewer transactions per second and with their ‘proof of work’ system, it may take a longer time to optimize their blockchain. Having seen these problems, CyberMiles knew that operating an e-commerce blockchain will be cumbersome with the currently available blockchain protocols. It therefore needed to design its own protocol that could facilitate the large number of transactions that usually take place per day in online marketplaces.

In line with this, the CyberMiles’ technical team came up with solutions to these transactional problems. The main reason why blockchain is slow is the need for processing of data through all nodes in the blockchain, this will definitely take time. With CyberMiles however, they will use middleware to lessen the time taken for each transaction to be processed. They will also use their own smart contract called the ‘smart business contract’ which is a more developed and efficient version of the smart contracts developed by Ethereum.

The CyberMiles smart business contracts works better compared to Ethereum’s smart contract in this way. For Ethereum’s smart contract, each transaction requires a different smart contract that has to be constructed form the ground up. For CyberMiles, their smart contracts are specifically designed to handle the traffic present in e-commerce. They will be constructed from already existing smart contracts that were used in facilitating similar transactions. A Library of similar smart contracts will be available which will help developers have an easier time while making their smart business contracts. This, together with the middleware employed by CyberMiles, is set to lessen the hassle during transactions on the CyberMiles blockchain protocol.

The smart business contracts by CyberMiles will also be vital in making the CyberMiles protocol adaptable. Smart contracts only function in the blockchain where they are created. They cannot be used in different blockchains. CyberMiles created their smart business contracts to serve in different blockchains as long as they are based on the CyberMiles blockchain. In accordance with CyberMiles plan for expansion, their smart business contracts enable them to host a number of e-commerce platforms on their blockchain protocol with data being transferrable between these platforms.

Together with this, CyberMiles will also offer a different algorithm for its consensus system. As mentioned earlier, most blockchain applications use a ‘proof of work’ system for their nodes. This makes processing data delay as each node has to participate. CyberMiles is using a different system known as ‘dedicated proof of stake’ which makes transactions faster. The CyberMiles consensus system allows you to stake your coins through your wallet to facilitate transactions. For each transaction made possible by your stake, you will receive payment that is a percentage of the transaction facilitated. This consensus system will also be the basis for a community-based platform.

5miles will be the first marketplace that will experience the services that will be offered by CyberMiles. According to their roadmap, 5miles will start operating on the CyberMiles platform before the CyberMiles platform is fully launched. They will also serve as the best testing grounds for CyberMiles. Their number of users and transactions conducted daily will help CyberMiles with data needed to provide a robust platform. 5miles users will also be the first to experience the unique products offered by CyberMiles.

The CyberMiles platform will be great for both sellers and buyers especially with its consensus system. Normally, buyers or sellers would have their account blacklisted or blocked in e-commerce platforms when certain issues arise. With CyberMiles, this will never be the case. Part of the CyberMiles community will be involved in solving such disputes. They will asses the situation and a verdict will be given based on a majority vote hence making the CyberMiles system democratic. This will also save buyers and savers the reputation they will have built on these platforms from going down the drains without a fair hearing. Conflict mediation between two parties will also be offered by CyberMiles through its community members. The conflicting parties will select their agreed mediator who will pass judgement regarding the matter at hand. These services offered by the community will not be done freely. The CyberMiles tokens will come in play in such scenarios. The tokens, CMT, will be used for payment of such services. This is meant to incentivize community members to take part in the community-based running of the platform.

Another great possibility of the CyberMiles platform for their users is the chance to get paid for viewing ads. The marketplaces that CyberMiles aspires to host will definitely have a huge membership which will make it suitable for advertising. To make the advertising more pleasant for both parties, users will be incentivized to view these ads. The possibility of advertisers finding their target market is made greater through this. Users may find attractive ads that influence them to purchase certain products. It will also help advertisers reach their targeted market reach as more people will want to view ads that pay. The mode of payment will also be through CMT.

The CyberMiles structure will also allow it to run all day, every day. This is first supported by incentivizing CyberMiles members to frequently perform validating function in CyberMiles. This ensures that at all times, there are data validators on the platform. Secondly, CyberMiles will employ the Tendermint project which ensures that their network can support up to a third of node failures in the CyberMiles platform. Such failures in any blockchain based application or a centralized network would lead to massive delays or a complete collapse of the system.

These are just some of the features that will be available for 5miles. For CyberMiles, it plans to go beyond this scope. CyberMiles wants to accommodate more e-commerce platform in its blockchain protocol. It plans to have a decentralized identity management platform that will make it easier for cross platform shopping. Users can use their digital identity in all participating e-commerce applications in CyberMiles. This program will make it safer for shoppers as they will select who can view their data when transacting. Some companies are known to store user information whenever they use the platform. The problems of data breaches and user data safety can then be solved by this system. CyberMiles may also grow into providing supply chain solutions for e-commerce by limiting transactions and making the whole supply chain shorter and much faster. The community-based approach that will be available in CyberMiles may also prove important in solving the issue of counterfeit goods in the CyberMiles platform.

CyberMiles envisions a better e-commerce experience. There is so much potential in their system. Their planning and execution is done carefully and not rushed. They have not yet released their product but the CMT is getting good reviews and is also maintaining its value pretty well. It is currently valued at 0.1 US dollars which is higher than when it was launched. Its testnet, Travis, is already operational. CyberMiles has the potential to disrupt the whole e-commerce industry. With its experienced and innovative team, CyberMiles is probably a great step towards a better e-commerce experience.

You can visit the CyberMiles website on http://www.cybermiles.io/.

Their technical and project white paper can be read from the following links,

· http://www.cybermiles.io//wp-content/uploads/2018/03/Project-white-paper_en-US.pdf.

· http://www.cybermiles.io//wp-content/uploads/2018/03/Technical-Whitepaper_en-US.pdf.

CYBERMILES: CHANGING E-COMMERCE was originally published in ICO Reviews on Medium, where people are continuing the conversation by highlighting and responding to this story.