INTRODUCTION
Since the entire system of the ledger chain is digitalized, this platform (SIDERA) has designed an appealing and remarkably easy way to conduct the retail activities and make offline transactions through the use of a cryptocurrency digitized wrist watch that can be taken with users everywhere they go and useful to them for any retail activities even when they don't have access to the Internet.
THE SCOPE OF SIDERA PLATFORM
This concept is majorly a new approach to storing our digital assets and making them available on our simple wearables with the aid of the new DWD technology i.e the Decentralized Wearable Devices. Storing digital assets in the style makes it easy for users to use them at any point in time due to the fact that it brings it within their reach. This brilliant idea is brought to live to revolutionize the use of bitcoin and other ERC20 tokens on smart bands or watches. However, it confers safety and easy accessibility to the assets being managed in this manner in the digital community.
Interestingly, this concept brings to live a wrist to wrist transactions among the users of SIDERA, and while the idea makes users fund tied around their wrist, it is able to perform an offline interwrist financial transactions at the same time. The brilliant technology has made users able to store all their digital funds in a wearable device smartly and uniquely.
Sidera has made the provision for an ERC20 wallet as well as a BTC wallet in the wearables that houses the assets and they are bound by encryptions which makes them securely kept in these types of wallets. Furthermore, users of this project will be able to transfer all kinds of tokens and coins safely including the EQS and bitcoin through the wrist devices it provides using a kind off wrist to wrist transaction.
Users will be able to spend their funds in any part of the world with the aid of the smartbit devices working hand in hand with the NFC module. This will make their funds dependable or transferable to any store when they want to purchase a product through the NFC POS portal.
Other Features of SIDERA:
The SIDERA devices will be able to detect all kinds of notifications for transactions done and the alert system for the funds transferred or received. There would also be price alert notification as well as the automatic decoding of addresses m used in transactions.
The system is built as a safe anti-theft which ensures the protection of users fund even when the users lose their private key. The system is a paradigm of multi-layer security and protection.
Sidera devices are fully Decentralized and scalable with the first hardware wallet that users can carry all about on their wrist, talking of the BitSmart wallet.
This platform uses a physical exchange system called Continuum thus sidera users don't have to depend solely on the complex central authority to perform their exchanges.
PREVIEW OF SMARTBIT FEATURES
PARTNERS
MILESTONES
CONCLUSION
SIDERA is beautifully orchestrated to satisfy the demands of users to have a simple way of relating with cryptocurrency and as such, it has made the aforementioned processes and features best enough to achieve this aim.
USEFUL PROJECT LINKS
WHITE PAPER : https://sidera.io/docs/v1.0/Sidera_Whitepaper.pdf
BITCOINTALK 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
WRITER'S INFORMATION
Bitcointalk username : deodivine1
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292