ICO KYC Report
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About Sidera
What is Sidera Blockchain Technologies?
“Sidera combines the best of two worlds, blending the revolution of Blockchain technology with the innovation of IoT wearable devices.” Camillo Piscitelli - Project Envisioner
Sidera is launching SmartBit, the first Decentralized Wearable Device of the world.
We are changing che cryptocurrency market allowing for the first time to store crypto on the wrist with an integrated wearable hardware wallet. Our device is a smartwatch with endless possibilities, for example:
- Wrist-to-Wrist OFF-CHAIN transactions between SmartBit Devices;
- Wallet entropy generation with the arm movement (usually you do it moving the mouse of the PC);
- Ghost mode: you can completely hide the blockchain features keeping everything away from peeking eyes;
- NFC pos payments with on-the-fly crypto to FIAT conversion: it will be possible to pay in any shop directly in USD thanks to Sidera's e-payment license filling. This will completely disrupt the crypto market allowing us to scale exponentially.
Lastly, let's talk about our advanced security. This is the most important part of the project. 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.
This is a huge advancement that will allow us to go beyond the crypto market entering sectors such as:
- banking/financial;
- military
- healthcare
Example: we can get from our users their health information and transmit it to elaboration centers that will use the data to improve and enhance the healthcare sector. The important part is the privacy of the users: thanks to the blockchain the privacy of the users will be always safeguarded. Every piece of data will be transmitted completely anonymously. In the days of GDPR and privacy concerns this is very important.
On our official website you can see all our innovations (there is a new proprietary blockchain) and our team. The security of the entire project is managed by Security Brokers, one of the most important Cyber Security company of the world, with prominent members that collaborate directly with defense departments, INTERPOL etc.
Our proprietary Blockchain is based on our innovative Proof-of-Load Protocol, which splits the network in two levels: masternodes and micro-nodes. We divided the computational power of the network within the two layers delegating to the micro-nodes level (which is composed by the smartwatches) some of the transactions.