Going the Extra Mile (September 2018)

Sapphire Shabnam
CyberMiles
Published in
4 min readAug 30, 2018

Welcome to the CyberMiles Foundation’s monthly newsletter #9

September 3, 2018

Abig hello to all of you CyberMilers! Since our previous update, your CyberMiles team has made headway with the final development of our MainNet (ETA: early Q4), while unpacking Lity, our new programming language, and exploring the many use cases within the CyberMiles ecosystem. Read on to learn more, along with other blockchain and cryptocurrency news.

Announcements

Bithumb + CyberMiles

#ICYMI: CyberMiles Token ($CMT) now is listed on Bithumb, one of the world’s largest cryptocurrency exchanges (ref. Hacked.com).

  • Deposit period: Aug. 26 at midnight (UTC+9)
  • Trading period: Aug. 30 at midnight (UTC+9)
  • 1% payback applied to all deposit and trading with CMT

Go to bithumb.cafe for more details.

Brand Ambassadors

As the CyberMiles community gets bigger every day, we’re on the lookout for CyberMilers — i.e. enthusiastic fans of our project who want to help us create the e-commerce of tomorrow! By becoming a CyberMiles brand ambassador, you get more than just a title, in you there’s a commitment to make the future of e-commerce happen together. Visit Telegram today to find out more.

CMT Cube Update

A special thanks to everyone who participated in The Last Cube contest. Instead of one lucky winner, we randomly selected four of you to receive a CMT Cube from our first production cycle. Shipments are expected to begin this month.

A prototype of the CMT Cube

So what’s all of the fuss about anyway? The CMT Cube acts as both a wallet and a way to stake your CMT. Visit cybermiles.io/cmt-cube to learn more.

In the News

E-commerce on the Blockchain: Our Vision of the Revolution

Though e-commerce innovations during the past half century have opened unimaginable new horizons for the world, the overshadowing business of today’s giants has left many smaller players in the dark about how the system works against them. CoinPick.com has an analysis, including CyberMiles’ role in eliminating this problem.

Continuing to Explore the CyberMiles Ecosystem

#ICYMI: Many developing countries lack sophisticated financial infrastructure, making easy access to capital unavailable to those who rely mainly on a cash or barter-based system for everyday transactions. This opens up interesting — and potentially lucrative — opportunities for e-commerce.

Read the latest in CyberMiles’ ongoing #CMusecase series, Payments in the digital currency age, as we take a deep dive into micro and other payments.

CyberMiles: Making Business Smarter in Blockchain

The CyberMiles Foundation hopes to mainstream blockchain for the masses. Our plans to circumvent centralized banks and credit card companies that charge high transaction fees, which also are levied by e-commerce companies, is a radical move. TheTechnologyHeadlines.com breaks it down for you.

Innovating with Lity and the CyberMiles Virtual Machine

A few aspects of Lity, CyberMiles’ recently introduced programming language, really showcase how we’re innovating to make blockchain mainstream — both for the developer community and, ultimately, the consumer.

Schedulability, functionality, extensibility — oh my!

In our ongoing #CVM mini-series, we break down how extensible, performative, and safe Lity is (and more). Check out the latest:

CyberMiles Presenting Smart Business Contracts for E-commerce

With the ability to process more than 10,000 transactions per one second, CyberMiles offers a unique environment that can match the high demands of e-commerce transactions. Our MainNet is set to provide a safe, secure experience without a central data center, while simultaneously providing users with fast transactions through the network. CryptoRecorder.com delves into our “smart business contracts” effort.

The Crypto Countdown

  • According to T-Mobile, Hackers May Have Stolen Two Million Users’ Personal Data (Source: The Washington Post)
  • AT&T Sued for $224 Million Over Cryptocurrency Theft (Source: ChainState)
  • Coinbase Survey Shows 18% of U.S. Students Now Own Cryptocurrency (Source: CoinDesk)
  • Economic Crises Will Strike in Next 3–5 Years, Driving Crypto Adoption, Coinbase CEO Says (Source: Dash Force News)
  • IBM, Bank of America Stealing Blockchain Patent Show (Source: Diar)
  • Indian Newborns to Be Issued Birth Certificates on Blockchain (Source: The Coin Republic)
  • Italian Football Club Makes History After Becoming First to Be Purchased in Cryptocurrency (Source: Forbes)
  • NYSE Owner Wants to Bring Bitcoin to Your 401(k). Are Crypto Credit Cards Next? (Source: Fortune)
  • “Petro,” Venezuela’s New Cryptocurrency, Is Nowhere to Be Found (Source: Reuters)
  • SEC: ‘No Reason Not to Allow’ the Bitcoin ETF to Go Ahead (Source: Bitcoinist)

Thanks for your continued support, CyberMilers! Spread the word, as always. — Shabnam A., Community Manager

Shabnam, a CyberMiles blogger as well as a content writer and creator at 5miles, considers herself a voice of the Millennial generation and new technology.

To learn more about CyberMiles, visit cybermiles.io. To follow or join CyberMiles’ online communities, go to:

Also, find CMT on the following exchanges and platforms:

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Sapphire Shabnam
CyberMiles

I create blogs, videos, photos, & graphics. Spending my days at @5milesapp / @CyberMiles ◆ Texan. Journalist.