SIDERA: Pay with the smartwatch
Introduction
When bitcoin was launched, nobody couldn't care enough. And, it lived a life of isolation for many years until one day everything changed. This the typical case of many great innovation and discoveries. But, the purpose of the bitcoin hasn't been served. The concept for which it was created is still miles away. We are still on the roads of the development and progress. There are many things that we have to achieve before we can say that bitcoin has been a successful project. The main and important aim is the adoption in the real life.
This is true for its survival and growth. If it has to survive the test of the time, it has to be adopted by the merchants and consumers. People have to utilize it in the daily life transactions. But, given the lack of understanding of the complex world of the bitcoin, many shy away to be the part of the change. Do you think that we can develop a solution for the above challenge?
Solution offered
SIDERA is the platform that has made its mission to bring bitcoin to the everyday use. They are launching the smartwatch and a contactless smart band which can be easily utilized for payment with the cryptocurrency. Point of sale retails will be able to accept payment in the cryptocurrency with the help of the platform. The only aim of the platform is to connect billions of users of the world to the application and advantages of the bitcoin. Wearable technology is being utilized by many companies, such as apple and samsung to provide many services. It will be the first time, perhaps, that any startup is creating something related to the wearable technology to take advantage of the blockchain technology.
The decentralized nature of the blockchain technology will help the platform achieve their goal of improved transaprency and reliablity in the system. SmartBit devices are connected through the internet and can allow anyone to send, receive and manage their cryptocurrency effortlessly. There are several advantages on the platform, such as multi-layered security, ghost mode, and unique identifier etc. Zero knowledge protocol is utilized on the platform for security and efficiency in the progress of the platform. Overall, the project is in good shape to lauch its own cryptocurrency.
ICO INFORMATION AND TEAM
51, 000,000 EQUOS tokens are created for the project. 72% of the tokens are reserved for the public investors. The token sale is currently live on the platform until 31 August 12, 2018. 27% of the funds are spent on the device development while 20% of the funds will be spent on the operations. The team working on the project is experienced in the field of blockchain technology and software development.
Conclusion
There is not any real-life application which can encourage users to begin the operation in the cryptocurrency, although many projects have been launched in the market. Many people are concerned with the aspect of the privacy on the platform. This is not a standalone problem, and it has been discussed in the relation to the wearable technologies being launched in the market. The adoption of the bitcoin will boost the demand of the cryptocurrency in the retail market.
There are many startups already working to make bitcoin the everyday currency in the retail market. If the platform manages to capture the next billion users in the coming years, it will be not less than a revolution in the digital world. What do you think about the different services launched on the platform? Are you ready to buy the smartwatch?
Website - https://sidera.io/
Whitepaper - https://sidera.io/docs/v1.0/Sidera_Whitepaper.pdf
ANN - https://bitcointalk.org/index.php?topic=4756894.msg42969261#msg42969261
Telegram - https://t.me/sideraofficial
Published by- prince0200
Profile - https://bitcointalk.org/index.php?action=profile;u=1807689