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BUILDING A NEW E-COMMERCE ECOSYSTEM WHERE EVERYONE IS INCENTIVIZED TO PARTICIPATE AND INNOVATE! The conventional wisdom of e-commerce is “winner takes all” — the one or two largest players dominate the market, set the price, and extract most of the profits. The result? Small businesses and consumers lose. Innovation slows. The reason for “winner takes all” is that e-commerce has a strong network effect. The largest network of buyers and sellers wins. Until now, the network is owned and operated by a corporation because a central authority is needed to validate transactions and enforce the rules. The blockchain technology promises us decentralized networks where “code is law” and a community of peers validate and enforce the rules. The CyberMiles blockchain aims to be the public blockchain for all e-commerce related transactions. Building on the Smart Business Contract technology, CyberMiles is specifically optimized for e-commerce. It has the benefit of a single large network, and yet is maintained and validated by the community of trustless peers. E-commerce businesses can build on the CyberMiles blockchain to access a large network of sellers and buyers, and can use the CyberMiles Token (CMT) as the basis for their own in-app tokens to support programs such as shared loyalty points. CyberMiles is the future of e-commerce.
Acorn Technology Corporation is a Riverside, CA-based company in the Software and Internet sector.
Decision Labs is a Burlington, ON-based company in the Software and Internet sector.
SheerID`s leading digital verification platform instantly verifies the identity of individuals and businesses, enabling enterprises to deliver gated offers and experiences to high-value customer segments while mitigating fraud and minimizing friction. By using authoritative data sources to verify credentials in real-time within an organization`s brand experience, SheerID delivers a seamless customer experience that reduces churn and fuels loyalty to drive revenue growth. As a result, the world`s biggest brands – including Amazon, Lowe`s, Spotify, and T-mobile – rely on SheerID as their trusted verification partner.
ProtectStar is a Miami, FL-based company in the Software and Internet sector.