Sidera - The First Wearable Device Decentralized with Blockchain Technology

in #cryptocurrency6 years ago

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.

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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.

Sophisticated and Unique 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.

Decentralized Wearable Devices

Sidera scalable ecosystem revolves around a new revolutionary way of sending crypto: Decentralized Wearable Devices (DWD). For this purpose, they developed the first Decentralized Wearable Device Project of the world: SmartBit. It is personal, non-intrusive and crypto-friendly! Your funds are secured around your wrist, fully encrypted, allowing offline wrist-to-wrist exchanges and a plethora of other innovative characteristics. SmartBit is a new idea of smartwatches and smart-bands focused on Bitcoin and cryptocurrencies. Scope of these devices is to provide for its users an easy, handily, innovative and secure way to manage the Crypto-environment.
Purposes of SmartBit Project
Nowadays Bitcoins are becoming a new revolutionary way to make transactions between people, offering an innovative decentralized system which guarantees the security and privacy of those transactions. Although the technology behind Bitcoin is really outstanding it is still difficult to handle them in an easy and smart way. Compared to fiat money Bitcoins and cryptocurrencies are still not that smart, limiting their propagation only to technology experts, passionate people and some investors. Bitcoin environment is far from being something used by everyone. The purpose of this project is to let cryptocurrencies become more attractive and fully scalable, with an easy and pleasant way to handle transactions, strengthening at the same time its security.

SmartBit Project

SmartBit lets people receive, send and manage Bitcoins and any other cryptocurrency or token ERC20 completely from their wrist in a beautiful and secure way. The smartwatch is linked to a companion app which handles features like addresses, contacts, blockchain synchronization, and much more. SmartBit will be produced in three specific versions:
• BitBand: multi-color interchangeable wristbands with touch display;
• Bit Watch Premium: 3-color elegant smartwatch with touch display;
• BitWatch Visionary: elegant smartwatch with touch display and multi-layer security with facial recognition and biometric sensor.

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• Price alerts: possibility to receive price notifications depending on changes in the current price.
• Favorite address list: you can save specific addresses used to receive funds (ex. Personal addresses belonging to specific exchangers). You also have the option to send money to those addresses).
• Trading: possibility to view and monitor current open positions. Possibility to close positions.
• Authentication API integration: as described above the SmartBit device operates as an authentication token for the companion smartphone app. This feature will be extended to other popular services to add an extra layer of security.
• NFC: NFC module for fast every-day POS payments.

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. 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.

The First Decentralized Wearable Exchange

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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.

ICO Information

Token name — eQUOS
Standard — Erc20
The price for one 1 eQUOS token is 1 $
The minimum fee is 1.5 million USD
The total number of tokens is 51,000,000 eQUOS
The minimum amount collected is $ 1,500,000
The maximum amount collected is $ 15,000,000

Collection Steps

$1’500’000 (Soft Cap)
SmartBand development with Wallet ERC-20, QR Reader and companion app plus basic features.
$2’500’000
Interoperability ERC-20–23 Multicurrency Wallet, wrist-to-wrist OFF-CHAIN exchange function. gTLD request for .bitcoin .btc .blockchain domains.
$5’000’000
BitBand wholesale production and distribution. BitWatch development starts with body sensor installation in BitWatch and BitBand. NFC module and agreements with local stores and services to accept SmartBit devices and EQUOS as payment method. All features above plus Ghost mode and entropy generation through accelerometer and cryptocurrencies address auto-detect.
$10’000’000
Mass Production and worldwide distribution of the BitWatch, Full Platform and Continuum Decentralized Wearable Exchange Development, Full-blown DEVs headhunt and hiring camping to accomplish full development and optimization ASAP.
$15’000’000 (Hard Cap)
Smart-Assistant, Hi-Res Camera, PDA Functionality, Biometric Input and facial recognition. Healthcare implementation with real-time data exchanged with hospitals. Funding of local control centers which will analyze data anonymously collected through the Blockchain and Sidera devices bringing the healthcare system to the next level.

Partners

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Financial Partners

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Founders

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Development Team

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Business & Marketing Team

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RoadMap

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For more information, please visit links below

Web: https://sidera.io/
WP: https://sidera.io/docs/v1.0/Sidera_Whitepaper.pdf
ANN: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/

Author

Bitcointalk user name : smathjon1234
Bitcointalk profile Link : https://bitcointalk.org/index.php?action=profile;u=1623153

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