Sidera: The Future on your Wrists
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 and working. All of these components will be offered extensively through open source and open specifications. Sidera will help to generate demand for new and old, as well as of all shapes and sizes cryptocurrencies. No other online cryptocurrency exchange can acquire new cryptocurrency users from this segment and in the same number, thanks to our powerful spotlight on attracting the consumer market.
With future growth in mind, let's take a gander at some relevant statistics as of October 2017: - Bitcoin price is approximately USD 7,800 - Bitcoin market capitalization is approximately USD 100 billion - Trading frequency is 250,000 times - Trade volume is USD 900 million.
With trading volume accounting for 1.1% of total volume, the reason bitcoin had such respectable numbers is because there may be as many as 5.8 and 11.5 million - an average of 8.7 million - active wallets. However, the global bitcoin wallet ownership numbers don't even reach 2% of the population of South East Asia.
What is SmartBit?
SmartBit is a new idea of smartwatches and smart-bands focused on Bitcoin and cryptocurrencies. The main purpose of these devices is to give its users an easy user-friendly and innovative way of handling the cryptocurrencies for their day to day life.
Why we need SmartBit ?
Although the technology behind Bitcoin is innovative and outstanding, it isn't adopted by the majority of the people on the planet. The major reasons behind low adoption are, the complexity of the transaction and it isn't usable for day to day transactions, for example, purchasing products from a supermarket, refilling fuel etc. The object of this project is to allow cryptocurrencies to become more attractive and fully scalable, with user-friendly transactions while strengthening at the same time its security.
SmartBit will be produced in three specific versions:
BitBand: multi-shading interchangeable wrist strap with touch screen;
BitWatch Premium: Elegant 3-shading intelligent clock with touch screen;
BitWatch Visionary: Elegant smart clock with touch screen and multi-layered security with face recognition and biometric sensors.
Sophisticated and Unique Sidera Wearable Device (DWD) Features
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.
Additional Features — Provide complete features, for example, automatic transaction address tracking, Mobile notifications, custom watches, phantom modes, price alerts, QR Barcode generator and more. This wearable device has also been utilizing BitSmart smart software that will provide the latest news, casting news and can trade utilizing this device not being a smart or easy-to-use device. In the near future this device will be added with 2FA authentication to outsiders. BitSmart software will be released OPEN SOURCES that can be developed by the community to add new features that are required.
Offline Transactions with Approach Auction — This device has close projection that will allow the smartwatch to interact with other BitSmart devices utilizing 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 outsider applications.
POS Payment Using the Internal NFC Module — This device comes with an internal NFC module that allows you to process POS payments rapidly. The NFC system is more sophisticated in the current NFC appeal. You can shop in the store utilizing NFC easily and rapidly.
Automatically detect Transaction Address — BitSmart Smartwatch Device Users can send bitcoin or cryptocurrency more revolutionarily, which will automatically detect the transaction address. On the off chance that you get information about bitcoin or other cryptocurrency address, it will be tracked automatically and then you will be given the choice to close the transaction notification or send the funds to a specific address.
Entropy Generation with Your Hand Movement — BitSmart Tool can generate entropy for your wallet just by moving your hands. This feature is developed utilizing the worked in Accelerometer sensor.
Bitcoin or ERC20 Wallet — Your funds can be stored in the OFF-CHAIN wallet on your wristwatch. Use level-level encryption security which won't collapse.
Device Security Level Wearable (DWD)
Unique Identifier System — an encrypted encryption key or encryption key utilizing unique identifier method generated from user arm movements, sweat, sweat, and other elements are unique parts for everyone. The smartwatch comes with a sensor that will receive and decode the body then the sensor will provide access to your hardware wallet.
Phantom Mode — Ultra Security is used in special mode namely Ghost Mode. With this mod, your wallet won't be detected by other devices. The phantom mode will also change the clock mode to normal hours so it does not resemble a cryptocurrency wallet. Security in key with military level encryption.
Safe Anti-Claiming System — This system will provide high security by utilizing a private key stored in the device sandbox. This super-secure partition will be encrypted at AES-2048 army level which can not be broken by anyone, making it safe from theft. BystSmart Smartwatch is a separate device and the friend app does not store your private key. No one but you can have a personal key written in 12 random words to access your funds. You should keep it in a safe place because it can not be restored.
First Decentralized Wearable Exchange
Kontinum is the principal exchange that can be used in hand and has been decentralized. You can trade directly from your wrist and irrelevant and depend on the central authority.
Proof Protocol — POL will happen ceaselessly to check the state of the network node, then delegate to the level of intelligent miniaturized scale nodes in some appropriate operation to illuminate the adjacent square immediately.
Balancer — The sidebar platform provides offset networking, affirming transactions, receiving networks and delegating processing surplus to smaller scale node sublevels.
Intersect — Sidera platform blocker adopts intersecting principles where DAPPS cryptographic and cryptographic capacities cooperate and not burden the network.
We redirect part of crowdfundung to fill in the app on all .bitcoin .btc and .blockchain domain extensions. we believe that the crypto community is presently part of the family since the start of bitcoin. We have the chance to give back something of value in society, a blessing that gives bitcoin and open resonance obstructs that they deserve up until this point.
Crowdfunding
Soft cap: $ 1,500.500
Hard cap: $ 15,000,000
51.000.000 from EQUOS Token ERC20
1 USD = 0.5 eQUOS
Conclusion
The approach taken so far in implementing Sidera is quite impressing. The developers paid special attention to additional capacities, as well as tried to secure it. The security of your wallet will be answered by the body sensor, which is placed under Smartwatch. This special sensor will analyze you completely and give you a private key from your wallet. Try not to tell anyone or show it to anyone. Even if you lose your smart-watches or someone steals from them, then they won't be able to get access to your crypto assets in any capacity, because the sensor won't let them do it. This is a big and bold step towards achieving 100% security and adaptability in crypto. So what are you waiting for? Hurry now and invest in Sidera.
Visit the links below for more information:
ANN THREAD: https://bitcointalk.org/index.php?topic=4756894.msg42969261#msg42969261
WEBSITE: https://sidera.io/
TELEGRAM: https://t.me/sideraofficial
MEDIUM: https://medium.com/@siderablockchain
FACEBOOK: https://www.facebook.com/siderablockchain/
TWITTER: https://twitter.com/siderabc
LINKEDIN: https://www.linkedin.com/company/sidera-blockchain-technologies
Authored by Lelvin
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1275173