SIDERA, THE RAPID GLOBAL SOLUTION!!!

Nana Kwame Blessing
3 min readAug 26, 2018

INTRODUCTORY

So how come such an explosive economic value in bitcoin even though its predecessor were more interested in in academic works. More to its whitepaper, it had a reference implementation in the year 2009 and an actual working system which was able to attract the thinking of developers and influence the paradigm of open source software development to immediately enhance and improve into a global-class financial infrastructure.

Advantageously, bitcoin is an open system that allows for evolution through forking and as such provides assertiveness for its long term trustworthiness. The problem with bitcoin is that, it has not gone into the mainstream adoption. Sidera proposes a big time solution for adding a billion users to the #crypto movement by adding two key relevant elements missing in order to provide significant adoption by mainstream users. The next billion users have not yet considered cryptocurrency for two main reasons:

1. Managing private keys, public keys, blockchain concepts by an average user is too complicated and even few next next billions users can hardly operate a smart phone.

2. The only thing one can afford with cryptocurrency are other cryptocurrencies. Most of the worlds population has no interest in that, and until an average user can use cryptocurrency to afford a tin of milo or glass of wine, the importance of the cryptocurrency will be restricted to a few audience.

Sidera then comes in and presents a better platform for consumerizing cryptocurrencies by enabling their use in retail Point of Sale [POS] through a smartwatch and a contactless smartband .

Sidera has a unique properties of real implementation, open government and incentivization that allows for rapid global expansion of the solution following the footsteps of bitcoin. It has a unique and complete end-to-end solution for contactless and smartwatch retail “POS” including a full-state reference implementation of all the components. It involves a mobile application and “POS” terminals that are already in deployment. All these components will be available widely through open source and open specifications. Sidera will enable and present a worldwide distribution of its protocols and ensure its rapid expansion of the value of Sidera Network by releasing its full stack reference implementation as open source and open specifications.

INCENTIVIZATION: The network makes available the provision of free hardware to retail stores in the initial target geography in Europe through its participation in incentivization.

This Sidera network makes it accessible and simple to use with convenience of mobile payments and simplicity of a smartwatch.

VISION

THE NEXT BILLION CRYPTO-USERS

Sidera will help to generate demand for new and old , as well as big and small cryptocurrencies. There is none other online cryptocurrency exchange that can bring in new cryptocurrency users from this segment and in the same number. Thanks to our powerful focus on attracting the consumer market.

MISSION [COMMUNITY ORIENTED]

We strongly believe in the crypto-community as we became part of this family since the early days of bitcoin. We wish to scale both bitcoin and cryptocurrencies adoption delivery this revolution to the masses but before the goal, we want to give back to the community all the value we received in these years. Sidera offers a gift that will give bitcoin and blockchain a public resonance they deserve.

PAYMENTS

The future maturity of the wearable technology market would be driven by consumer preference for gadgets, increasing growth propects of next generation display in wearable devices and maturing popularity of connected devices with Internet of Things [IOT]. In other to provide the highest security, your private key is kept in the devices sandbase. This is ultra-secure partition, fully encrypted in the military-grade AES-2048, non-reachable by anyone. You become the only one in possession of the private key which grants you access to your funds.

SOCIAL MEDIA SITES

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/
Reddit:
https://www.reddit.com/user/SideraBlockchain?st=JIRSDIAI&sh=dd548a81

Website: www.sidera.io

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

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Nana Kwame Blessing

I write about Blockchain related Projects for the Crypto Community in a well outlined and presentable way.