Bracelets for permanent access to cryptocurrency wallet with Sidera project
Currently, many cryptocurrency exchanges offer access to their services from a smartphone in addition to the web version. This innovation is very convenient and allows traders and people using cryptocurrency in everyday life to be mobile and have constant access to money. However, science continues developing, and now a user can have access to cryptocurrency wallet using a unique decentralized wearable device called DWD. Sidera project is actively implementing this innovation, based on blockchain technology. The project creators developed a new group of smartphones within the framework of DWD called Bitsmart. It will provide users with convenient and safe access to cryptocurrency wallet through a bracelet on the wrist.
Key features of Sidera
The bracelet developed by Sidera will allow performing offline transactions between users. To protect money, blockchain technology and multi-level data encryption are used. Exclusive Sidera technology allows working with various cryptocurrency in any store in the world, thanks to the adapted NFC POS module. The platform’s artificial intelligence allows to automatically searching for a transactional address of a recipient, located in user's zone of residence.
Advantages of Sidera
In addition to operations with cryptocurrency, you can set clock, connect price alerts to the desired cryptocurrency, and activate QR-generator in the bracelet. A user can also turn on the device's sleep mode at any time, which instantly makes the device invisible to other participants.
BitSmart bracelets are reliably protected against theft with the help of multifactor protection when the device is started and the private key. Even in case of loss of a bracelet, no one will be able to access it. Moreover, Sidera programmers constantly monitor the load on the network, and they delegate some operations to intelligent nodes constantly upgrading of the system and PoL technology, reducing the load on the main server.
Sidera platform represents the first adapted wallet in the form of BitSmart bracelet. Transactions are held between the owners of bracelets and connected stores instantly thanks to dApps technology. The bracelet works as follows. A user receives a notice of payment for goods in the Military Technical Cooperation, for example. The store automatically detects the address of a buyer. A buyer confirms the payment, and the transaction is carried out.
Instant conversion of the project's cryptocurrency into dollars or euros will help to make purchases and conduct operations quickly. With the implementation of CONTINUUM application, the exchange of cryptocurrency will be completely anonymous.
An interesting feature of BitSmart is the ability to remotely operate the device. Now it is not necessary to touch the display with your hand when working, you can hold it in the air in the right direction to perform any operation. BitSmart is released in two models - BitBand and BitWatch, which are distinguished by a set of functions. Thanks to the high level of adaptation of the operating system, BitSmart makes it possible to work on the largest cryptocurrency exchanges in the world.
Sidera cryptocurrency
The project uses eQUOS tokens to perform internal calculations, implemented according to the ERC-20 standard on the basis of Ethereum. A total of 51 million tokens were issued. The project's hardcap is $15 million, softcap - $1.5 million. The project is at the stage of the crowdsale until the end of September, where the cryptocurrency can be purchased with 15% bonus at a price of $2 per one token. The main crowdsale starts on October 1st.
Summary
Thus, decentralized Sidera platform represents a new type of work with cryptocurrency through BitSmart bracelet, developed with the help of DWD technology and worn on a user's wrist. The ability to use a bracelet in the space, reliable protection against unauthorized remote access or in case of theft will ensure the popularity of Sidera project. The stylish BitSmart bracelet also allows reading a news feed, trading in cryptocurrency, making payments and purchases with instant conversion of cryptocurrency into fiat.
The project was launched in 2016, and currently the funds are being raised to start the production of bracelets. BitSmart will be issued for sale in mid-2019. The full functionality of the project will be available by 2021.
Links:
Website: https://sidera.io
WhitePaper: https://sidera.io/docs/v1.0/Sidera_Whitepaper.pdf
Telegram: https://t.me/SideraOfficial
Facebook: https://www.facebook.com/siderablockchain/
Twitter: https://twitter.com/siderabc
Medium: https://medium.com/@siderablockchain
ANN: https://bitcointalk.org/index.php?topic=4756894.msg42969261#msg42969261
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.