We all know that until cryptocurrency is meant to buy and sell in the real world, the level of adoption will still be limited as there are tons of people who still don't understand what cryptocurrency means. This particular problem has a solution offered by sidera; which presents Sidera platform for consumerizing cryptocurrencies by enabling their use in retail Point of Sale (POS) through a smartwatch and a contactless smartband.
I know you are going to ask, 'How does it work'
Using a complete end-to-end solution for contactless and smartwatch retail point-of- sale (POS) including a full-stack reference implementation of all the com-
ponents, this component includes a mobile application and point-of-sale (POS) terminals that are already in deployment.
Recently, the IOT( Internet Of Things) has been one of those applications implemented alongside the blockchain and while many types of shared economy scenarios are proliferating, few of them, so far, leverage the Internet of Things and blockchain as technologies to build distributed applications.
"we can facilitate the sharing of our existing devices, vehicles, buildings, etc., by embedding sensors and network connectivity that enable our things to collect and exchange data and for this purpose a DWD (Decentralized Wearable Device) will be the technology behind Sidera scalable ecosystem which revolves around a new revolutionary way of sending cryptocurrency."
For this purpose sidera developed the first Decentralized Wearable Device Project of the world: SmartBit. It is personal, non-intrusive and crypto-friendly! Your funds are secured around your wrist, fully encrypted, allowing offline wrist-to-wrist exchanges and a plethora of other innovative characteristics and features like anti-theft, body sensors ,facial recognition e.t.c.
SmartBit is a new idea of smartwatches and smart-bands focused on Bitcoin and cryptocurrencies. Scope of these devices is to provide for its users an easy, handily, innovative and secure way to manage the Crypto-environment.The smartBit is linked to a companion app with the aid of Bluetooth technology which handles features like addresses, contacts, blockchain synchronization, and much more.

Below are the most important basic features of the SmartBit device:
A. Date and time with current Bitcoin/Multicurrency/ERC-20 price. Possibility to choose which specific currency to display (Ex. BTC/USD, BTC/EUR, BTC/CNY)
and from which source (Ex. CoinDesk price). Possibility to switch to a chart mode.
B. Notifications. As a smartwatch, SmartBit lets users receive phone notifications like every other smartwatch on the market but with a new revolutionary feature
C. Bitcoin wallet operations. Receive and send Bitcoin/Multicurrency/ERC-20 from the SmartBit smartwatch.
My verdict
Today, the only thing you can buy with a cryptocurrency are other cryptocurrencies. The vast majority of people have no involvement with this process and no
interest. Until the average user can use cryptocurrency to buy a cup of coffee or a loaf of bread, the relevancy of cryptocurrency will be restricted to a small audience.
With sidera SmartBit, the main purpose of cryptocurrency displacing the bank may take effect and liberate us all
If you have further questions or interested about their marketplace or the project? Join their telegram and talk to the team https://t.me/SideraOfficial and their website https://sidera.io and download their white paper https://sidera.io/docs/v1.0/Sidera_Whitepaper.pdf
Produced by olarrtt
https://bitcointalk.org/index.php?action=profile;u=2132186