Applying Marketplaces Know-How
to Create a Blockchain for Real-World
Commercial Applications
to Create a Blockchain for Real-World
Commercial Applications
What is 5xlab?
5xlab is a new blockchain development laboratory working closely with 5miles, a leading mobile marketplace platform, with more than 12 million users in the US. Over the last 3 years of leading innovation in online & local marketplaces, 5miles has accumulated the longstanding technical and commercial know-how. 5xlab seeks to use this expertise and experience to tailor blockchain technology & smart-contracts for real-world applications. The focus of 5xlab’s proposed new blockchain technology, CyberMiles (“CM”), is on trust and compliance while leveraging the power of a decentralized network. This will help enable it to be a mainstream blockchain technology for real-world businesses. 5miles is expected to be the first app platform to utilize CyberMiles’ blockchain protocol, and will also assist 5xlab to develop the technology.