CyberMiles is a new blockchain platform designed to facilitate fast e-commerce transactions. It’s a project from 5miles, a leading e-commerce company and app in the United States. With CyberMiles, 5miles hopes to create the protocols and a library of smart contracts for the future of e-commerce. It accomplishes these goals with high throughput delegated proof of stake consensus and a new virtual machine, similar to the Ethereum Virtual Machine.

Last November, CyberMiles raised $30 million in an ICO, distributing 420 million CMT. The roadmap for the project indicates that the 5miles e-commerce app, along with its 12 million users, will begin accepting CMT as payment beginning this summer. At the end of this year, CyberMiles hopes to launch ...