SIDERA - The first physical decentralized wearable exchange

hirushaperera (38)in #bitcoin • 6 years ago

What is Sidera?

Sidera is a new platform created for consumerization of cryptocurrency that enables users in retail Point OD Sale to use smartwatch and smartband contactless. Sidera is the first blockchain technology to use the first wearable device that has been decentralized.Sidera will provide an incentive network for participants through free hardware providers for retail stores in European geography for starters. Users will be given incentives to participate in the sidera network through ease and accessibility of use, convenience of payment with mobile devices and simplicity of smartwatch.The sidera platform helps generate demand for new and old cryptocurrency and large and small cryptocurrency. No other online cryptocurrency exchange can bring new cryptocurrency users from this segment in the same amount. We focus on withdrawing the consumer market.

Sidera’s Unique Technology

Sidera offers a unique technology, being the first platform that makes it possible to store all your cryptocurrencies securely on your wrist. Besides, this happens in a safe and secure way.Sidera aims at helping to create demand for new and old, as well as big and small cryptocurrencies. The platform focuses on attracting the consumer market using its unique technology.

Sidera Wearable Device features

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.

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

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

Detect A Transaction Address Automatically — BitSmart Device Users Smartwatch can send bitcoin or other cryptocurrency in a more revolutionary way, which will automatically detect transaction addresses. If you get notifications 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 funds to a specific address.

Entropy Generation with Your Hand Movement — BitSmart devices can generate entropy for your wallet just by moving your hand. This feature is developed by utilizing a built-in Accelerometer sensor.

Security Features

Unique Identification System - a passphrase or encryption key is encrypted using a unique identification method that is generated from the user’s arm movements, kilit arms, sweat and other elements that are unique to each person. This smartwatch is equipped with sensors that will receive and decode this body then the sensor will give access to your hardware wallet.
Safe Anti-theft System — This system will provide high security by using a private key stored in the device’s sandbox. This super-safe partition will be encrypted by military level AES-2048 which cannot be penetrated by anyone, so it is safe from theft. BankSmart Smartwatch becomes a separate device and the companion application does not store your private key. Only you can have a private key written in 12 random words to access your funds. You must keep it in a safe place because it cannot be recovered.
Ghost Mode — Ultra security that is applied using a special mode, Ghost Mode. With this mode your wallet will not be detected by other devices. Ghost Mode will also change the clock mode to normal normal hours so it won’t look like a cryptocurrency wallet. Security is key to military level encryption.