Dr. Michael Yuan talking about Second State, a tech company incubated by CyberMiles.

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Dr. Michael Yuan, Co-founder of @cybermiles Foundation on dlive.tv/dlive interviewed by Lino_network CEO Wilson Wei!‬

‪Like Parity to Polkadot, Second State is the tech company behind CyberMiles.‬

[Wilson] Hi Michael, Can you tell us a little bit about Second State company?
[Michael Yuan] SecondState is a company that was incubated by CyberMiles. The goal is to take CyberMiles technology and promote it to other blockchains so that we can better collaberate with everybody else. Also the largesting publishing company, Addison-*Wesley*, is publishing my new book Building Blockchain Apps. You can find it on Amazon and other major book-selling websites.

[Wilson] What is the relationship between Second state and CyberMiles?
[Michael Yuan] It is a great question, many people also ask this question. CyberMiles is a public blockchain, and Second State is a technology company behind it.

It's like Ethereum backed by ConsenSys technology company. Polkadot is to Parity. Some people may ask: Why? Why do you need a technology company behind a public blockchain? Why don't just developed with CyberMiles foundation?

The reason here is the competition between public blockchains. One of the thing that we want to do is to promote our developer tools and toolchain, with our toolchain to be availble to be used by others. Other blockchains in the future can use to develop DAPPs and can be integrated with CyberMiles blockchain better.

Because for people who know CyberMiles, it aims to become a public blockchain for E-commerce, decentralized marketplaces. When you talk about money, you cannot just use it for Ecommerce and not use it anything else. You need to use it to go across to other blockchains.

So the collaboration with other blockchains is crucial for us. That's why we incubated Second State, the technology company. Second State has received 3 million USD from VC funds led by SIG). Now we are cooperating with Ethereum, Ethereum classic and also other blockchains.

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