Sidera - Decentralized Wearable Device based Blockchain

in #technology6 years ago

About Sidera

Sidera is a new platform created for consumer cryptocurrency that enables users in Point of Sale (POS) retail using smartwatch and contactless smartband. Sidera is the first blockchain technology to use the first decentralized wearable device.

Sidera is a comprehensive and comprehensive solution for non-contact retail and point of sale (POS) smartwatches including the full focus reference implementation of all components. It includes ready and working port terminals and point of sale (POS). 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.

Problems

The biggest problem with Bitcoin currently is that it has not broken out into mainstream adoption. One study pegs the number of active cryptocurrency users to between 2.9 and 5.8 million. The solution for adding a billion users to the cryptocurrency movement by adding two key elements missing in order to provide significant adoption by mainstream users. The next billion users have not yet entered cryptocurrency for two main reasons:

  • Too complicated
    Cryptocurrency suffers from complexity for the average user. Managing private keys, public keys, blockchain concepts—it’s all vastly out of the reach of the average user. In some cases the next Billion users may even barely be able to operate a smartphone.

  • Not relevant
    The only thing you can buy with a cryptocurrency are other cryptocurrencies. The vast majority of people have no involvement with this process and no interest. Until the average user can use cryptocurrency to buy a bag of rice or a loaf of bread, the relevancy of cryptocurrency will be restricted to a small audience.

Solution

Sidera platform to consumerizing cryptocurrencies by enabling their use in retail Point of Sale (POS) through a smartwatch and a contactless smartband. Following in the footsteps of Bitcoin, Sidera has the same properties of Real Implementation, Open Governance and Incentivization that allows for the rapid global expansion of the solution.

Sophisticated and Unique Sidera Wearable Device (DWD) Features

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  1. Global Measured and Fully Decentralized 
     BitSmart is a hardware bag that can be used on your wrist and fully decentralized and guaranteed by the blockchain.

  2. Additional Features
     Provide complete features such as automatic transaction address tracking, Mobile notifications, custom watches, ghost modes, price alerts, QR Barcode generator and more. This wearable device has also been using BitSmart smart software that will provide the latest news, casting news and can trade using this device not being a smart or easy-to-use device. In the near future this device will be added with 2FA authentication to third parties. BitSmart software will be released OPEN SOURCES that can be developed by the community to add new features that are required.

  3. Offline Transactions with Approach Auction 
     This device has close projection that will allow the smartwatch to interact with other BitSmart devices using Bluetooth or Wifi connection at a certain distance. This feature will make it easier for users to make transactions more easily between the sender and receiver wrist. You can manage the OFF-CHAIN ​​cryptocurrency in a fully decentralized manner even without any other third-party applications.

  4. POS Payment Using the Internal NFC Module 
     This device comes with an internal NFC module that allows you to process POS payments quickly. The NFC system is more sophisticated in the current NFC appeal. You can shop in the store using NFC easily and quickly.

  5. Automatically detect Transaction Address 
    BitSmart Smartwatch Device Users can send bitcoin or cryptocurrency more in a revolutionary way, which will automatically detect the transaction address. If you get information about bitcoin or other cryptocurrency address, it will be tracked automatically and then you will be given the option to close the transaction notification or send the funds to a specific address.

  6. Entropy Generation with Your Hand Movement 
     BitSmart Tool can generate entropy for your wallet just by moving your hands. This feature is developed using the built-in Accelerometer sensor.

  7. Bitcoin or ERC20 Wallet 
    Your funds can be stored in the OFF-CHAIN ​​wallet on your wristwatch. Use level-level encryption security which will not collapse.

Security Level Wearable Device (DWD)

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  1. 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.

  2. 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.

  3. 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. BystSmart 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.

Token Details

Token: eQUOS
Platform: ERC-20 (Ethereum) eQUOS Tokens will be converted in eQUOS coins.
1 USD: 0,5 eQUOS
Soft Cap: 1.500.000 USD (if not reached, funds will be refunded)
Hard Cap: 15.000.000 USD
Total Supply: 51.000.000 eQUOS

Token Allocation

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Roadmap

Team

For more information, please visit the links below:

Website: https://sidera.io/
ANN Thread: https://bitcointalk.org/index.php?topic=4756894.msg42969261#msg42969261
Telegram: https://t.me/sideraofficial
Linkedin: https://www.linkedin.com/company/sidera-blockchain-technologies
Twitter: https://twitter.com/siderabc
Facebook: https://www.facebook.com/siderablockchain/
Reddit: https://www.reddit.com/user/SideraBlockchain?st=JIRSDIAI&sh=dd548a81

Author

Bitcointalk Username : nugroho997
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2070778;sa=summary
ETH Address : 0x58055FE8f531294DcF2F4dfeD90fDA26CCEabC38

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