The cryptocurrency is a revolution in the world of the financial industry replacing the old way of storing currency and the way of transacting money from peer to peer and from location to location. The cryptocurrency is continuously hitting end lines news because of the interest of lot people who discover that the earliest investor have made good reasonable profit from the cryptocurrency market. The current market capitalization as of when this article was made publish was approximately about $225,598,263,761 .
This great opportunity also have challenges that need to be address so that more investors will be attracted to trade on cryptocurrency asset compare to the fiat currency in the forex market .this challenges briefly explain below:
Lack of storage of crypto asset
The cryptocurrency exchange market is not regulated by any government agency, this exchange market is where many trader their asset. Study have shown that many traders who leave their crypto asset on the cryptocurrency exchange lost their asset if the cryptocurrency is hacked by the men in the deep web or surface web. let’s take a case study from “Coinsmarket “ which was hacked early this year January 2018 precisely, Prior to this hacked there was a record of the second biggest cryptocurrency exchange market hacked of all time happened in the initial years of BTC back in 2014. Hackers targeted the 1st generation cryptocurrency exchange Market: Mt. Gox and took away with the equivalent of $460 million dollars’ worth of BTC. The Mt. Gox hack had a far greater impact on the market which resulted many trader finding solutions to where to store their crypto Asset.
Delay in transaction
Transferring crypto asset can be time consuming especially when crypto traders are transferring their crypto asset to their peers for sales. This delay ranges from account opening to deposit/withdrawal in crypto exchanges this is issue is due to scalability of the exchanges which is major conscience for many traders. While others experience delay within their locality because of the interne of things infrastructure. Many have to go the public café to deposit and withdrawal their asset which also is key factor that result to delay when traders once to shop online.
Despite all these challenges crypto trader and investors face, SIDERA brought lot of ideas by great teams to provide a solution to the challenges discussed above
SIDERA is cryptocurrency platform that brought lime light for all investors at all levels ranges from Newbie to Expert in the crypto space.
Sidera is a first-hand platform created for cryptocurrency traders and investors that enables users in Point of Sale (POS) retail using smart watch and contactless smart band. Sidera is the first blockchain technology to use the first decentralized wearable device.
WHAT ARE THE SOLUTIONS SIDERA PROVIDES
Robust storage system
Sidera built a sophisticated and robust multiple layer which impossible for hackers to steal your fund. These layers where built by expert in the IT Industry whom have a proven experience. This is an anti- theft system that allows users to store their crypto asset without fear even though you lose your private keys.
Wrist to Wrist transaction
This is the first technology of kind that allows users of the SIDERA platform to own wristwatch that allow traders and crypto investors to send fund to their peers for financial transactions deals offline. This means even though you are in remote place you can still continue transaction of crypto asset. This is why Sidera is changing our mindset on how things should be done in the crypto space making lives comfortable for everyone.
Why you the sidera for every day
Sidera develop a smart bit device with NFC module to spend your fund online by shopping for goods and service and also at the point of sales. This is what everybody is looking and Sidera have make online and offline shopping easier and enjoyable.
Tokenomy
Sidera has its own token called the equos which is develop on the Etherum smart contract .
Token Symbol: eQUOS
Token Standard: ERC20
Token Price: 1$ = 0,5 EQUOS
ICO Date: August 1, 2018 – August 31, 2018
Soft Cap: $1.500.000 (if not reached, funds will be refunded)
Hard Cap: $15.000.000
Total Supply: 51.000.000 EQUOS
Token allocation
ROADMAP
SIDERA FOUNDERS
DEVELOPMENT TEAM
SIDERA ADVISOR
For more information visit:
Website: https://sidera.io/
Whitepaper: https://sidera.io/docs/v1.0/Sidera_Whitepaper.pdf
Ann thread: https://bitcointalk.org/index.php?topic=4756894.msg42969261#msg42969261
Telegram: https://t.me/sideraofficial
Linkedin: https://www.linkedin.com/company/sidera-blockchain-technologies
Twitter: https://twitter.com/siderabc
Facebook: https://www.facebook.com/siderablockchain/
Reddit: https://www.reddit.com/user/SideraBlockchain?st=JIRSDIAI&sh=dd548a81
Author Detail's
Bitcointalk username: wizardcrypto
Bitcointalk URL Profile: https://bitcointalk.org/index.php?action=profile;u=2312222
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