Sidera — Easy and Secure Storing of Cryptocurrency in your Wearable

Have you feel it is hard to find convenient but still offer safety mechanism to store those cryptocurrency of yours? Perhaps you more concern about security so more of a cold storage offline kind of guy that make use of a paper wallet or those fancy usb stick? Or maybe you trust more of the hot storage concept for easily accessible concept, like using some PC-based with internet access or in an coin exchange that is “insured”? Well at the end of the day, no place really can ensure those convenience and security you always dream of. So have you tried to store your cryptocurrency in some where nearby that you can carry along all the day and can of course easily access for trading, or other needs? Cryptocurrencies — is not bucks. Nevertheless, You are fully responsible for it’s safety.

Well let’s not worry anymore as there is a new system designed specifically to store cryptocurrency in the most efficient and effective way. It can always be nearby you and you do not have to trust any special exchange or place (even one that give you insurance). Do not leave your cryptocurreny in someone else’s wallet is always the number one rule in this business. Introducing Sidera — the first technology based on Decentralized Wearable Devices (DWD), it is so simple to use and always be near you. It give security as well as access-ability. The first concept of Sidera and SmartBit device was developed in a bedroom in Peking University, while the Founder was there studying Chinese.

It is a fresh idea involving smart watches and smart bands. The technology focuses on Bitcoin and cryptocurrencies. The idea behind these devices is to provide users with easy, handy, innovative, and secure method of managing the crypto environment. Similarly, the wrist-to-wrist technology ensures that your digital funds are secure around your wrist with full encryption that allows for offline wrist-to-wrist transactions and a host of other innovative characteristics.

The world of blockchain is becoming more and more fascinating to companies, organizations and governments interested in studying the technology for business implementation. Sidera develops a smartwatch which serves as a micro-node for Blockchain with implementation of important security layers, a multi-chain wallet and instant payments with NFC technology. Moreover, each data will be encrypted with AES 2048 technology, a military system which enables you to always store your data safely.

Sidera scalable ecosystem revolves around a new revolutionary way of storing crypto: Decentralized Wearable Devices (DWD). Your funds are secured around your wrist, fully encrypted, allowing offline wrist-to-wrist transactions and a plethora of other innovative characteristics, such as:

• Entropy seed generation with the arm movement.
• NFC POS payments with on-the-fly crypto-to-FIAT conversion.
• Ghost mode, and much more

The security of the device, and its integrated hardware wallet, is assured by a body sensor placed under the smartwatch. This sensor will analyze from your body a few signals (movement, perspiration, etc.) elaborating a specific ID in which will be encrypted the private seed of the hardware wallet. If somebody stoles your device he won’t manage to access any funds because the sensor will reject his body. Sidera is releasing also Continuum: the first completely wearable decentralized exchange. With Sidera’s SmartBit device you can trade cryptocurrencies from your wrist, send crypto with off-chain wrist-to-wrist transactions and much more. Sidera is releasing the first wearable hardware wallet with an entire ecosystem of services, included the first wearable decentralized exchange of the world. 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 a company is based in Vilnius, Lithuania. It has been launched in April 2018 while the founding team was established in September 2017. This choice has been made because Sidera already have financial and banking partners that will allow Sidera to release the NFC function with crypto to FIAT on-the-fly conversion. The project founder and envisioner, Camillo Piscitelli is an entrepreneur, inventor, and cyber security advisor. He’s also an IT manager. To steer the Sidera community to progress, Piscitelli is surrounded by a bunch of experts in various fields. Sidera strong points are:

• Having a highly competent team of collaborators and advisors.
• The security of the entire project is managed by Security Brokers, one of the most important Cyber Security companies in the world, with prominent members that collaborate directly with defense departments, INTERPOL etc.
• The entire process, from development to production and delivery, is already set and arranged.
• Sidera have signed agreements with key suppliers and manufacturers, and its prototype is in the course of completion. So it is not an imaginative products but it is a reality product for sure.

Sidera also has already in partnership with Spritzcoin. Spritzcoin itself is The Uber of the nightlife, it shall become the world’s largest bar, which owns no bar. Spritzcoin reinventing the global beverage marketplace, secure, smart and easy-to-use. Completely disrupting the way in which the consumer earns a bonus, the merchant pays a commission and the users buy and sell products online related to the bar business. This collaboration between Spritzcoin and Sidera will allow them to reach the beverage Industry and the nightlife community. Spritzcoin will now be part of Sidera’s Blockchain wallet and will be listed in the exchange: it will be possible to pay in all bars through Sidera’s wearable smartwatch using Spritzcoin currency.

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.

Sidera platform is ensuring security and reliability by implementing:

• Proof-of-Load (POL) 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.

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.

Sidera product is not only developed for the crypto community. Its main goal is to let cryptocurrencies scale worldwide attracting also non-crypto users with something easy and smart. With the DWD concept, Sidera can achieve this thanks to the easiness of the entire interface. Sidera studies demonstrate that with financial, banking, healthcare, fitness integration it is possible to reach 1 billion users in no time.

Sidera is rated 4.1 at ICObench based on 3 expert ratings. It got 3.5 for ICO profile, 5.0 for team, 5.0 for vision and 4.6 for product valuation. Sidera receive a total score of 8.3 from ICOMarks.com. The scoring is based on 7.3 for ICO profile (rating weight of 35%), 10 for social activity (rating weight of 30%), 10 for team proof (rating weight of 20%) and finally 5 for domain score (rating weight of 15%).

Sidera ICO Token name is eQUOS. The Sidera token Pre-Sale starts on 1 August 2018 and will end on 15 August 2018. Its current pricing value is 1 eQUOS = USD 2. To demonstrate the due gratitude to every donor, Sidera will distribute eQUOS ERC-20 Tokens. eQUOS Tokens will be converted into EQUOS coins. Sidera will reward all of its donators according to these parameters: the total owned tokens amount and the date of donation (an earlier donation will be worth more). It will be possible to exchange the tokens with Sidera SmartBit devices (BitWatch and BitBand) after the closing of the token distribution phase, prior to the worldwide delivery. Sidera platform is based on Ethereum. It Accepting ETH, Fiat for transactions. The Minimum investment is at USD 100. The Soft cap at USD 1,500,000 (if not reached, funds will be refunded) while the Hard cap at USD 15,000,000. It would not be available in USA and China at the moment. Total available token is 51,000,000 eQUOS. Sidera will give 1% of funds raised as donation to charitable organizations. Sidera will give bonus for pre-distribution with the following scheme:

• USD 100 to 1,000 get 25%
• USD 1,001 to 50,000 get 30%
• From USD 50,000 above get 35%

While the Bonus Sale structure are:

• 1st week: 20%
• 2nd week: 15%
• 3rd week: 10%
• 4th week: 5%

Sidera will soon release a companion app (which will allow the management of some SmartBit functions) right after the closing of the crowdfunding (30th September). The next step will be the filling of three new gTLD domains: .bitcoin .blockchain .btc. This will allow anybody to register your name.bitcoin etc. Sidera currently working with an innovative transparent display for its smartwatch which has an integrated solar panel that will help achieve a battery life of minimum 21 days. In April 2019 Sidera plan to release in beta, the Continuum decentralized exchange. The worldwide shipping of the device will start in June 2019.

Sidera is a complete end-to-end solution for contactless and smartwatch retail point-of- sale (POS) including a full-stack reference implementation of all the components. Sidera includes a mobile application and point-of-sale (POS) terminals that are already in deployment. All of these components will be made widely available through open source and open specifications. Bitsmart 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, innovative and secure way to manage the Crypto-environment. eQUOS token is the key element that allows the Proof-of-Load protocol to operate.

Wear Sidera in your hand, wear the future. Only Sidera gives you the ease of mind for storing and transactions of all your cryptocurrency also at the same time give ease of access. Sidera has develop a unique and revolutionary product and for this reason Sidera wants its exchange and proprietary hybrid blockchain on its smartwatch. Wait no more, join Sidera now and be part of an exiciting innovative future in the cryptocurrency world!

Website: https://sidera.io/

Whitepaper: https://sidera.io/docs/v1.0/Sidera_Whitepaper.pdf

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