SIDERA - Decentralized Wearable Devices
INTRODUCTION
With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve. While this revolution is gaining wide acceptance, Sidera, a complete, end-to-end solution for non-contact retail and point-of-sale (POS) smartwatches including full-stack reference implementation of all components has arrived.
Before I take you on this voyage, please check out this video presentation
Now that I have your attention, let’s get right to it.
What exactly is SIDERA?
Sidera is a complete, end-to-end solution for non-contact retail and point-of-sale (POS) smartwatches including full-stack reference implementation of all components. It includes a mobile application and point-of-sale (POS) terminal that is ready andworking. All of these components will be offered extensively through open source and open specifications.
Sidera will provide an incentive network for participants through free hardware providers for retail stores in European geographies for starters. Users will be given incentives to participate in the network of sidera through the ease and accessibility of use, the convenience of payment with mobile devices and the simplicity of the smart clock.
The sidera platform helps generate requests for both cryptocurrency and old as well as cryptocurrencies that are already large and small. Other online cryptocurrency exchanges no one can bring new cryptocurrency users from this segment in the same amount. We focus on consumer market withdrawal.
The Vision
Sidera will help create new and old needs, as well as large and small electronic money.Sidera is focusing on Asia more specifically in Indonesia and China. Half of all Southeast Asian people live in Indonesia. In China there are more than 700 million people use the internet. Sedira has a local team with a deep understanding of Indonesia and China market with track records, connectors and products to suit your needs.
Features Sidera Wearable Device (DWD)
Global Measured and Fully Decentralized
BitSmart is a hardware wallet that can be used on your wrist and is fully decentralized and guaranteed by blockchain.
Extra Features
Provides full-featured features such as automatic transaction address detection, mobile Notifications, customized watches, ghost modes, price alerts, QR Barcode generators, trades and more. This Wearable device has also been using BitSmart smart software that will provide the latest news, weather news and can trade using this device do not be a smart or wearable device. In the near future this device will be added with 2FA authentication for third parties. BitSmart software will be released OPEN SOURCE that can be developed by the community to add new features in want.
Offline Transactions by Approaching the Wrist
This Wearable device has a proximity projection that will allow smartwatch to interact with other BitSmart devices using Bluetooth or Wifi connection with a certain distance. This feature will make it easier for users to make transactions by simply closer between the wrist of the sender and receiver. You can transact cryptocurrency OFF-CHAIN in the fully decentralized way even without other third-party applications.
POS Payments Using Internal NFC Module
This device is equipped with an internal NFC module that allows you to process POS payments very quickly. NFC system is cultivated more sophisticated in the current NFC appeal. You can shop at the store using NFC very easily and quickly.
Automatically Detect Transaction Addresses
BitSmart Smartwatch Device Users can send more bitcoin or cryptocurrency in a more revolutionary way, which will detect the transaction address automatically. If you get notified about bitcoin or other cryptocurrency addresses, it will be detected automatically and then you are given the option to close the transaction notification or send the funds to a specific address.
Generation of Entropy with Your Hand Movement
BitSmart Tool can generate entropy for your wallet just by moving your hand. This feature is developed by utilizing the built-in Accelerometer sensor.
Bitcoin or ERC20 Wallet
Your funds can be saved on OFF-CHAIN wallet on Wearable device on your wrist. Using the security of multi-layer level militated encryption that will not be in the collapse.
Security Level Wearable Device (DWD)
Unique Identifier System
A passphrase or encryption key encrypted using a unique identifier method generated from the user's arm movements, a skin of arms, sweat and other elements is a unique part for everyone. Smartwatch is equipped with sensors that will receive and decode this body then the sensor will give access to your hardware wallet.
Ghost Mode
Ultra security that is applied using a special mode that is Ghost Mode. With this mode your wallet will not be detected by other devices. Ghost mode will also change the clock mode to normal hours so it will not look like a cryptocurrency wallet. Security in locks with military level encryption.
Secure anti-theft system
This system will provide high security by using a private key that is stored in the device's sandbox. This super-secure partition will be encrypted at AES-2048 military level that can not be penetrated by anyone, making it safe from theft. Smartwatch becomes a separate device and companion apps do not store your private key. Only you can have a private key written in 12 random words to access your funds. You should keep it in a safe place because it can not be restored.
The First Decentralized Wearable Exchange
Continuum is the first exchange that can be used in the hand and has been decentralized. You can trade directly from your wrist and unrelated and depend on the central authority.
Proof-of-Load Protocol
The POL will occur continuously to check the state of the network node, then delegate to the intelligent micro-node level in some suitable operations to illuminate blockchain instantaneously.
Balancer
The sidera platform provides network balancing, validating transactions, accepting networks and delegating computational surpluses to micro-node sublevels.
Intersect
The Sidera blockchain platform adopts the Intersect principle where DAPPS cryptography and transaction functions work together and do not overload the network.
Crowdfunding
Target $ 15,000,000 USD
51.000.000 from EQUOS Token ERC20
1 USD = 0.5 eQUOS
Sidera, if there is a problem with unaccountable platform access, or enforced large delays, is entitled to extend the distribution phase to 15 days to ensure participation of contributors.
SOFT CAP : $ 1,500,000 USD
(if the soft-stamp will not be achieved during Pre-Distribution and Distribution, the funds will be refunded)
HARD CAP: $ 15,000,000 USD
(after the hard-cap is reached, the donation will be stopped)
TOTAL SUPPLY 51.000.000 eQUOS
1% of the funds raised will be donated to charitable organizations.
PRE-DISTRIBUTION & DISTRIBUTION
PRE-DISTRIBUTION
Start : July 10, 2018 // End: July 25, 2018
Bonus: $100 to $1000 = 25%
$1001 to $50000 = 30%
From $50000 = 35%
Minimum contribution $100
DISTRIBUTION
Start: August 1, 2018 // End: August 31, 2018
Bonus: 1st week. 20%
2nd week. 15%
3rd week. 10%
4th week. 5%
In case of problems accessing the donations system due to causes not attributable to Sidera Blockchain Technologies, the pre-distribution will be extended for 15 days.
Token Allocation
Funds Allocation
ROADMAP
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
WEBSITE: https://sidera.io/
WHITEPAPER: https://sidera.io/docs/v1.0/Sidera_Whitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=4756894.msg42969261#msg42969261
TELEGRAM: https://t.me/sideraofficial
MEDIUM: https://medium.com/@siderablockchain
FACEBOOK: https://www.facebook.com/siderablockchain/
TWITTER: https://twitter.com/siderabc
REDDIT: https://www.reddit.com/user/SideraBlockchain?st=JIRSDIAI&sh=dd548a81
LINKEDIN: https://www.linkedin.com/company/sidera-blockchain-technologies
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.