Blockchain-based e-commerce platform CyberMiles said e-commerce platform LightInTheBox.com will soon accept its CyberMiles Token as a payment method and will provide a strategic support to Blocktonic’s supply chain and e-commerce technology, CyberMiles announced on its Twitter account.CyberMiles aims to build a decentralized ecosystem for e-commerce. Core to the CyberMiles design is economic incentives provided by the CyberMiles Token. Users can use CyberMiles Token to support programs such as shared loyalty points.

LightInTheBox Holding Co., Ltd. is a New York Stock Exchange-listed global online retail company (NYSE: LITB). In January, it announced that its two platforms LightInTheBox.com and MiniInTheBox.com will start accepting Bitcoin payments. Its share price went up as much as 44.76% after the announcement.

Founded in 2007, LightInTheBox claims that its websites and mobile apps are available in 23 major languages and cover more than 80.0% of Internet users globally.