Describe the company:
Sidera Blockchain Technologies is launching the first Decentralized Wearable Device in the world. With Sidera’s SmartBit device you can trade cryptocurrencies from your wrist, send crypto with off-chain wrist-to-wrist transactions and much more.
How are you different?
Sidera is releasing the first wearable hardware wallet with an entire ecosystem of services, included the first wearable decentralized exchange of the world. Our plus is the security: 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.
Why will you do well?
We have a highly competent team of collaborators and advisors. The security of the entire project is managed by Security Brokers, one of the most important Cyber Security companies in the world, with prominent members that collaborate directly with defense departments, INTERPOL etc.
The entire process, from development to production and delivery, is already set and arranged.
We have signed agreements with key suppliers and manufacturers, and our prototype is in the course of completion.
Where are you based?
The company is based in Vilnius, Lithuania. This choice has been made because we already have financial and banking partners that will allow us to release the NFC function with crypto to FIAT on-the-fly conversion.
When was the company launched?
The company has been launched in April 2018. The founding team was established in September 2017.
What have been your biggest wins to date?
Our biggest win was when we managed to do the first transaction with our coming soon prototype.
Who are you trying to attract to your product?
Our product is not only developed for the crypto community. Our main goal is to let cryptocurrencies scale worldwide attracting also non-crypto users with something easy and smart. With our Decentralized Wearable Device, we can achieve this thanks to the easiness of the entire interface. Our studies demonstrate that with financial, banking, healthcare, fitness integration it is possible to reach 1 billion users!
What tips would you give to others looking to build their business?
Dream big and be creative. Don’t be afraid to push your boundaries imagining something impossible. Nothing is impossible and you can achieve anything if you are willing to sacrifice yourself and to surround you with great people!
Tell us about your team?
Our team is composed by a great and crazy group of marketers and developers which work together with our advisors and partners. Our partners are the most prominent people in the world of blockchain and tech.
What are your plans for the future?
We want to release the Sidera companion app (which will allow the management of some SmartBit functions) right after the closing of the crowdfunding (30th September). The next step will be the filling of three new gTLD domains: .bitcoin .blockchain .btc. This will allow anybody to register your name.bitcoin etc.
in April 2019 we will release in beta our Continuum decentralized exchange.
The worldwide shipping of the device will start in June 2019.
What are your favourite tech gadgets?
We love IoT devices obviously, that’s why SmartBit was born. We started to eat bread and IT when we were children. Today everything is techy and innovation drives us crazy.
What tech gadgets do you wish you could use to help you?
We are currently working with an innovative transparent display for our smartwatch which has an integrated solar panel that will help us achieve a battery life of minimum 21 days. But I’m giving you this news ahead of release!
Anything else you’d like to add?
The first concept of Sidera and SmartBit was developed in a bedroom in Peking University, while the Founder was there studying Chinese.
How do people get in touch with you?
First of all our official website is https://sidera.io you can have a look at our entire project over there. Then we have our international channel where you can meet the founders in person:
And of course our Social Networks: