Sidera combines the best of two worlds, blending the revolution of Blockchain technology with the innovation of IoT wearable devices.”

The world of cryptocurrency does not hold still and grows more and more rapidly every day. There are many various ICO projects with very exciting ideas that make people’s lives much simpler. And here is one of these projects Sidera. Sidera is a certainly innovative and growing platform that, with the help of smartwatches or bracelets, makes it feasible to make purchases using crypto-currency assets.

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Incentivization

The Sidera network incentivizes participation through providing free hardware to retail stores in the initial target geography in Europe. Users are incentivized to participate in the Sidera network through accessibility and ease of use, with the convenience of mobile payments and the simplicity of a smartwatch. With a solution that decreases complexity and adds relevance of cryptocurrencies to end users, they will see rapid mainstream adoption of cryptocurrencies and the merging of the crypto-economy.

The next billion crypto-users

Sidera will help to generate demand for new and old, as well as big and small cryptocurrencies. No other online cryptocurrency exchange can bring in new cryptocurrency users from this segment and in the same number, thanks to their powerful focus on attracting the consumer market.

From 9 million to 100 million

With future growth in mind, let’s look 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.

However, the global bitcoin wallet ownership numbers do not even reach 2% of the population of South East Asia.

100 million users in 3 years

With their initial outreach in Europe and worldwide long term, their plan is to cover South East Asia and China within three years. At the same time, they will penetrate other key areas of Asia, such as Korea, India and Japan, following with the Americas and Europe using their open source and open specification for the adoption of their protocol. In this way they can achieve their objectives in sales of cryptocurrency; usage of cryptocurrency; and growth of cryptocurrency.

Benefits

Absolutely safe system of protection against attack of hackers and break-ins
Invisible Mode
Negotiated deals
Decentralized Exchange – Continuum
Generation of wallet entropy by simple hand movement
NFC POS payment
Automatic transaction detection
Additional useful functions: notification, price warnings, weather and so on.

Community Oriented

Payments

The future growth of the wearable technology market would be driven by consumer preference for gadgets, increasing growth prospects of next-generation displays in wearable devices, and growing popularity of connected devices with Internet of Things (IoT). In a survey conducted, 51% of the people cited privacy as their biggest concern while using internet connected devices. This risk of theft of data is a concern for the IoT technology. An internet containing confidential data from millions of devices would be the best place for a data thief, and he would leave not a single stone unturned to get what he wants.

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.

SmartBit Features

Features

The developers of the Sidera project created BitSmart — this is a hardware wallet that can be used on the wrist. The main advantage of this purse is that it is controlled by the user. No one can access it, even platform developers. You can also add additional functions for example: notification of the latest news, own dials, automatic detection of transaction addresses, QR — barcode generator, notification of changes in prices in the market, and standard (weather, music, etc.).

Proximity wrist-to-wrist sending/receiving

This feature allows the smartwatch to interact with other SmartBit devices within a specific range (through Bluetooth and Wi-Fi). It is their special and unique in the world wrist-to-wrist sending/receiving feature. 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. This is a very important feature.

We can send or receive cryptocurrencies OFF-CHAIN, in a completely decentralized way, even without the companion app. The device will synchronize with the Blockchain lately when the internet connection is established again. For highness security we can define the maximum amount of funds spendable with this function and we can send the money only with PIN confirmation.

Extra Features

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.

CONTINUUM Wearable Exchange

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.