What is Sidera ?

Sidera is the brand new platform designed for consumer cryptocurrency that allows users in Point of Sale (POS) retail, facilitated by smartwatch and contactless smartbands. Sidera is the first blockchain technology to use the decentralized wearable devices.

What is SmartBit?

SmartBit is a new idea of smartwatches and smart-bands focused on Bitcoin and cryptocurrencies. The main purpose of these devices is to give its users an easy user-friendly and innovative way of handling the cryptocurrencies for their day to day life.

Why we need SmartBit ?

Although the technology behind Bitcoin is innovative and outstanding, it is not adopted by the majority of the people in the world. The major reasons behind low adoption are, the complexity of the transaction and it is not usable for day to day transactions such as purchasing goods from a supermarket, refilling fuel etc. The object of this project is to allow cryptocurrencies to become more attractive and fully scalable, with user-friendly transactions while strengthening at the same time its security.

Features of SmartBit

SmartBit will available in three specific versions:

1. BitBand: multi-color interchangeable wristbands

2. BitWatch Premium: Three color elegant smartwatch

3. BitWatch Visionary: elegant smartwatch with multi-layer security with facial recognition and the biometric sensor. *All above three have touch displays

How to receive cryptocurrencies using SmartBit Device?

The built-in software allows users to receive Bitcoins or any other cryptocurrency directly on the wrist generating new addresses. Just by pressing a button in smartwatch/wristband you can generate a new address. This addresses also can be shared to contacts. If the user wants to receive a specific amount of money the smartwatch possible to generate a QR Code for that specific amount of money.

World wrist-to-wrist sending/receiving feature

This unique feature allows smartwatch to interact with other SmartBit devices in proximity. When two or more SmartBit devices within the range, these devices can send and receive funds with each other. This great unique feature allows send or receive cryptocurrencies OFF-CHAIN, in a completely decentralized way, even without the companion app. When the internet connection available, the device will update or synchronize with the Blockchain lately. For better security, you can set the maximum amount of funds to transact with this particular function and with only after PIN confirmation.