Every day we use less and less money. When paying for goods or services, we are increasingly in our hands with bank cards or mobile devices that support the contactless payment function. Agree that it is much more convenient. And if in developed economies this has long been the norm, in the CIS countries it is only gaining popularity. And he composes, I must say, very quickly. For example, in Ukraine at the beginning of 2018, the number of bank cards increased to 59.9 million units, and the number of contactless cards was 2.7 million (in 2017 they increased by 37.8%) . Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Furthermore, after Google partnered with Mastercard to launch a contactless payments service in the fall of 2017, its number of users increased by 100% every month. Therefore, the growth trend in the number of users of contactless payments is evident. But in the field of cryptocurrency, it is worth noting another trend - a very weak development of any payment method for cryptocurrency owners, let alone contactless ones. This problem is faced by all cryptocurrency enthusiasts. But to some extent, the Sidera project team decided to solve it. About the project Sidera is a platform that allows you to use cryptocurrency tools for contactless payments, using a smart watch. The project team notes the high rate of development of blocking technology and the increase in popularity of crypto assets, so the emergence of a platform like Sidera is considered inevitable. Its launch and implementation will play an important role in popularizing cryptocurrency around the world and making it easier to use. A feature of this platform is the SmartBit device. The device itself is not much different from usual smartwatches, but there are still some differences. The main thing is the security of private information (it is not a secret for anyone that very often data from smartwatches is often collected by different companies for their use in marketing) and attention to the support of cryptocurrencies. It is the use of critical resources and will be the main function of SmartBit. The user of this device can send or receive BTC, ETH, and ERC-20 tokens, as well as other coins. All these processes will be regulated by special software. It is expected that SmartBit will be available in three versions (BitBand - bracelets with touchscreen display, BitWatch Premium - smart watch with touchscreen display, BitWatch Visionary - smart watch with touchscreen,What functions and features will SmartBit have? In fact, there are many of them : Secure Anti-Theft System (which in addition to standard security methods such as passphrase, two-factor authentication and a PIN code for confirmation of the operation, will have a biometric sensor and a facial recognition system), Ghost Mode ( literally “Ghost Mode” is a development that the project team is very proud of.) When used in a smart watch, all operating modes are linked to the crypto currency and simply perform the functions of a conventional smart watch to return to the mode working with cryptographic tools), wrist-to-wrist transactions (exchanging cryptocurrency from one device to another by connecting them via Bluetooth or Wi-Fi), NFC POS payment (a feature that will allow you to use SmartBit for contactless payment. In this case, the coins or tokens you pay for the good/service will be converted into fiat funds), Auto-detect (automatic address detection.