Top 2 New Cryptocurrencies With Unique Applications In 2018: CyberMiles (CMT), Cortex (CTXC)

Each of the cryptocurrency projects below has a unique feature that makes it stand out in the market. It could be the reason the projects hit top price by end of 2018. Read to find out more.

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Each of the cryptocurrency projects below has a unique feature that makes it stand out in the market. It could be the reason the projects hit top price by end of 2018. Read to find out more.

CyberMiles (CMT)

CyberMiles (CMT) is a blockchain-based cryptocurrency platform that is designed to provide smart contracts optimized for e-commerce. It is a utility token whose value goes beyond just being used as a speculative tool.

Apart from the expected exponential growth to be derived from the $2 trillion e-commerce sector, here are some of the reasons this platform looks ready to conquer cryptocurrency.

Immediate adoption through partnerships

The platform has a partnership with 5Miles that will see over 12 million users adopt its blockchain solution. That number of users dwarfs many of the top cryptocurrencies.  Other notable partnerships are ChainedBox that has over 100,000 nodes ready and the LightInTheBox deal that will see CMT used in over 200 countries. An immediate adoption strategy puts Cybermiles ahead of the competition

Multiple languages for developers

There are many platforms that offer developers with the opportunity to create and code smart contracts using a variety of languages. The only problem is that they aren’t optimized for e-commerce. For that reason, a big chunk of developers will use Java, JavaScript, and Python specifically for e-commerce smart contracts. Even Ethereum will struggle to compete in this sector due to the difficulty associated with its use of Solidity, a new coding language.

Robust network

The CMT network supports over 1000 transactions per second (TPS), faster than the Ethereum network. In addition, users utilize CMT utility tokens to launch their own tokens, growing the network through the use of CMT as “gas”. To prevent failures and losses, Cybermiles offers anti-bug mechanisms against network vulnerability. Problems that bedevil Ethereum with frequent bugs won’t bother the Cybermiles network making it ideal for e-commerce apps and tokens.

Cortex (CTXC)

Cortex is a new cryptocurrency project whose performance on the market has caught the eye of many investors. It is touted as the project that will finally become blockchain3.0.Currently ranked 65th, the CTXC token is worth looking at as it continues to rise with another double-digit 24h gain. It today traded at $2.15, a surge of 16% against USD.

What three features could make CTXC better long term?

Revolutionary blockchain

The world is slowly gravitating towards the AI technology and Cortex wants to be the crypto that disrupts that ecosystem using a decentralized AI and blockchain-based system. As more projects in machine-to-machine (M2M) launch, the CTXC token will seek to provide a robust platform for easier understanding and launch of such projects.

AI will challenge Ethereum

That hasn’t happened, but will increasingly be the case as more autonomous systems crop up. Although the Ethereum network is the top smart contract platform at the moment, it’s limited when it comes to AI smart contracts. Developers will be able to create and deploy contracts that use intelligence. Since the Ethereum network cannot support such projects, Cortex is set to carve a niche for itself, eventually replacing Ethereum as the most popular platform.

Reward for developers

We know that platforms reward miners and validators in various ways. But Cortex wants to go a step further and reward developers and researchers. The key here is to encourage more work into the AI field on the blockchain. Each block reward on the network will be distributed to miners and developers. This will encourage increased use of the network, with better dApps. That will, in turn, grow the network and improve the value of CTXC.

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