Sidera has introduced a complete end-to-end solution for retail point-of- sale using a smartwatch which combined with blockchain. It includes a full-stack reference implementation of all the components. This consists with a mobile application and point-of-sale (POS) terminals. Basically, Sidera is introducing a mechanism to store crypto on the wrist watch with an integrated wearable hardware wallet. In simplest worlds Sidera is a Decentralized solution based on blockchain for retailers.
Features of Sidera Wearable Device
This Decentralized Wearable Smartwatch is called as SmartBit. It allows users to receive, send and manage Bitcoins and any other cryptocurrency or tokens completely from their wrist in a smooth and secure way. The smartwatch is linked to a mobile app which handles features like addresses, contacts, blockchain synchronization etc.
• Wrist-to-Wrist transactions
Your crypto wealth is secured around your wrist, fully encrypted. It allows you to send or receive crypto currencies such as EQS, Bitcoin and other tokens through wrist-to-wrist offline transactions. In order to take advantage of this feature two or more SmartBit devices must be in range. The device will then detect any specific other device, if available, allowing to send or receive funds.
• POS Payment NFC
Integrated NFC enable users to do worldwide POS payments with on-the-fly crypto to FIAT conversion methodology. It will be possible to pay at any shop directly in Dollars using Sidera's e-payment license filling.
• Secure Anti-Theft System
With SmartBit, your funds are impossible to be stolen, even if you lose BitSmart or the private key. They have you covered with multi-layer security. For the security of this product the crypto-wallet operations on the smartwatch will not work if the smartwatch and the smartphone are out of range. The same will occur if the user wants to manage the tasks on the smartphone app, it will be required to wear the SmartBit device.
• Ghost mode
You can completely hide the blockchain features keeping everything away from peeking eyes by using ghost mode. It is an ultra secure partition fully encrypted in military-grade AES-2048. With this mode activated everything appears as a normal smartwatch; with time, weather, notifications.
• Seed entropy generation
This is an interesting mechanism use in SmartBit. It allows wallet entropy generation with the arm movement. This is a replacement for what we usually do by moving the mouse of the PC.
Device will auto detect crypto-address included in the notification message. It can sort out the wallet address from other strings in a message.
• Higher security
The safety of the device, and its incorporated hardware wallet, is confident with the aid of a body sensor positioned under the smartwatch. This sensor will analyze your body for a few signals elaborating a specific ID in which will be encrypted the private seed of the hardware wallet. If somebody stoles your device he cannot access your wealth as the sensor will reject his body.
What is CONTINUUM Wearable Exchange?
This is a new revolutionary exchange which is going to introduce by Sidera. This exchange is fully decentralized and completely wearable and it is the first Decentralized Wearable Exchange of the world. It will allows users to trade crypto currencies through the smartwatch.
• Target $ 15,000,000 USD
• 51.000.000 from EQUOS Token ERC20
• 1 USD = 0.5 eQUOS
• Soft Cap : $ 1,500,000 USD
• Hard Cap: $ 15,000,000 USD
• Total Supply 51.000.000 eQUOS
• 1% of the funds raised will be donated to charitable organizations.
About eQUOS Token
The symbol of the token is eQUOS. This token is an Ethereum based token (Erc-20 token). ICO price is 1 eQUOS = 2 USD.
• Multi-color BitBand (smartband) : $99 instead of $129 ONLY on PRE-DISTRIBUTION and DISTRIBUTION PHASE
• Premium BitWatch black, silver & gold : $149 instead of $179 ONLY on PRE-DISTRIBUTION and DISTRIBUTION PHASE
• Innity BitWatch : Biometric Security Input + Finger-print Scan + Nice-to-Have(s) (TBA) 249$ instead of 279$ ONLY ON PRE-DISTRIBUTION and DISTRIBUTION Phase
Minimum investment is 100 USD. ETH, Fiat are accepted for investing. Citizens of the United States, China are not able to participate.
Details on Sidera Bounty Program
Sidera is allocating 500 000 eQUOS for their bounty campaign
• Start campaign: July 30, 2018
• End campaign: September 30, 2018
For more information, please visit:
WHITE PAPER : https://sidera.io/docs/v1.0/Sidera_Whitepaper.pdf
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
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1925101
DISCLAIMER:This post was brought to you by Opeyemi being my personal project on Sidera campaign project