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SICash Ecosystem

"Vision without action is merely a dream. Action without vision just passes the time. Vision with action can change the world."

Who we are and what we do

About Us.

What is SICash?

SICash is a decentralised blockchain project built on Bitcoin's UTXO model, with support for Ethereum Virtual Machine based smart contracts, and secured by a proof of stake consensus model. It achieves this through the revolutionary Account Abstraction Layer which allows the EVM to communicate with SICash's Bitcoin-like UTXO blockchain.

We use a PoS (Proof of Stake) consensus mechanism, which is different from Bitcoin's PoW (Proof of Work). The mining process in PoS system is called staking. The block producer will get 97% or 8002.5 SIC, as well as the transaction fees and gases as block reward. So the real reward is usually more than 8002.5 SIC in total.

Clearly, blockchain offers tremendous potential to reshape privacy and security and, ideally transform the global economy. The vision articulated and the solutions described in this whitepaper represent the first steps toward demolishing barriers, driving global blockchain adoption into everyday use.

Blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. Perhaps most important, blockchain empowers people, giving them more control over their transactions and interactions with information and financial dealings (not to mention their own data).

SICash offers economic incentive for our decentralised Stake and Bakers, to offer a truly scalable, decentralised blockchain development network. This incentive is created through a portion of block rewards and, eventually through different economic models such as transaction fees or operation tariffs for DApps, to support our vision for a powerful and decentralised network to allow separate blockchains, apps, tokens, smart contracts, and much more.

Our platform provides an intuitive, frictionless experience, facilitating cross-chain transactions in a simple and clean interface for users and developers alike. With SICash, we created an all-inclusive and standardized environment that allows developers to focus their efforts on the blockchain solutions. This will foster the free creation of DApps and smart contracts that are open to all.

Si Brands

Current brands in development with SICash.

SiCash Logo

SICash (SIC) will use a PoS consensus mechanism. The mining process in PoS system is called staking. The block producer will get 97% or 8002.50 SIC

SiPay Logo

A simple but essential software, SIPay could be used in point-of-sale terminals in stores as well as website plugins.

SiCare Logo

SICare will donate monthly by using distributed ledgers to track transactions, cryptocurrencies to transfer funds and smart contracts to ensure donations are spent correctly.

SiCore Logo

SICore is the frontend platform for SICash and is a multi-asset wallet that offers both lightweight and full-node options for users.

SiLite Logo

SILite is a multiple asset mobile version of the wallet and it will be available for Android, iOS and it's 100% free to download.

SiID Logo

SIID is an authentication system designed to enable users to maintain full control over their digital identities.

SiPay Logo

SIReward (SIR) loyalty platform, loyalty reward system that allows customers to redeem rewards with any busineses that accepts this token and are partnered with System International Technologies Limited.

SiDev Logo

The platform for decentralised application developers to interact with the SICash blockchain and SIChains through easy-to-use SDK and BDK.

SiDapp Logo

SIDapp store will be a central hub for decentralised and some centralised applications, with some rules and regulations to ensure legality.

Let's have a look at

Activities And Projects

Below is a list of our current projects we are working on.

01. SICash (SIC)

SICash is a decentralised blockchain project built on Bitcoin's UTXO model, with support for Ethereum Virtual Machine based smart contracts, and secured by a proof of stake consensus model. It achieves this through the revolutionary Account Abstraction Layer which allows the EVM to communicate with SICash's Bitcoin-like UTXO blockchain.

We offers economic incentive for our decentralised Stake and Bakers, to offer a truly scalable, decentralised blockchain development network. This incentive is created through a portion of block rewards and, eventually through different economic models such as transaction fees or operation tariffs for DApps, to support our vision for a powerful and decentralised network to allow separate blockchains, apps, tokens, smart contracts, and much more.

    Specifications
  • Max Supply: 42,000,000,000
  • Algorithm: POS
  • Block Time: 60 seconds
  • Block Reward: 8250
  • Community of Stake and Bakers 97%
  • SIFoundation : 1.5%
  • SICare Charity Donations 1.5%
  • Halving: 5 Years
  • Small Pre-Mine: 0.2575%

SICash will use a PoS (Proof of Stake) consensus mechanism, which is different from Bitcoin's PoW (Proof of Work). The mining process in PoS system is called staking. The block producer will get 97% or 8002.50 SIC, as well as the transaction fees and gases as block reward. So the real reward is usually more than 8002.5 SIC in total.

02. SIAssets (SIA)

SIAssets (SIA) is a security asset token which provides proof of ownership, and a transfer of value. SI Assets has been created to gathering funds for development of Restaurants, Bars and other family oriented outlets listed throughout the whitepaper. There will be 387,420,489 tokens produced with a total of 174,339,220 tokens up for sale, the funds raised will be used to purchase land and commercial properties for the opening of the food, drink and wellbeing outlets worldwide.

Dividends: as a shareholder you will be in titled to dividends which will be issued yearly. You will receive a percentage of the profit depending on your shareholding stake at the time the paperwork is submitted to company house.

Voting: as a shareholder you will have a say within the company, and there will be many occasions where sitech board will need to turn to the shareholders to vote for a direction of a specific project, each share purchased will represent 1 vote.

03. SIPay

SIPay is a simple but essential software to be used in point-of-sale terminals in stores as well as website plugins. SIPay is being designed to give users ease of use and transparency, and to offer businesses a 1% fees on transactions.

The benefit of sipay is a unified application that offers ease of use both in-store and online, and it gives business owners access to high levels of analytics and sales details to help them develop and grow their business. SiPay will be designed to allow businesses to accept not only all of the cryptocurrencies in sicore, but also fiat currencies potentially, in a tokenised asset chain that is one to one backed by, USD, GBP, EUR, YEN, or gold and other assets. This would allow freer and easier commerce with higher TPS capabilities than offered by other cryptocurrency solutions.

SIPay will offer NFC (near-field communications) and QR-code options to facilitate contactless payment via the silite mobile app along with e-commerce payments using a similar method, allowing a seamless and quick experience for both customer and merchant.

A hypothetical implementation for SIPay and other blockchain applications:

We have already seen the adoption of self-service kiosks in grocery shops, eliminating the need for multiple human clerks. Instead, only one is need to ensure the machines work correctly and ID is verified for those purchasing alcohol. To take this idea further, staffless shopping experiences are being tested by Amazon and other companies, and these systems have already seen implementation in some cities.

This is achieved through a process that sounds complex but is, in fact, as natural and easy as using a smartphone. The shopper scans a QR code to enter the shop; this is their cart. When the shopper enters, they pick out the items they want and place them down at the “checkout” table. The table reads the RFID stickers that are on the items, generates another QR code or allows NFC payment, and the shopper is allowed to leave with their goods. This system could be improved, but it provides an excellent example of how technology can improve customer experiences and reduce costs for businesses.

04. SICore

SICore is the frontend platform for sicash, sicore is a multi-asset encrypted wallet and will house the sidex, manage the sinode wallets, and contain the dapp store. SICore is a multi-asset wallet that offers both lightweight and full-node options for users.

Designed for ease-of-use with a fresh and lightweight UI, sicore is developing into a gateway for the cryptocurrency world. New projects being listed every month but we will not be listing any coin like other projects, all coins will be fully researched and vetted and we may put selected coins to vote by the community, coins will be added along with updates and security improvements.

SiCore uses encryption to keep users safe; it allows us to create accounts without storing any user information remotely. As the development of Si continues, the implementation of sidev will showcase our decentralised development network through sicore in the form of sidex, our decentralised exchange that will be offered natively within the sicore platform.

Along with being a storefront for dapps, it is also a portal for developers and students to learn about blockchain development and begin to utilise the sidev platform to develop their own dapps and blockchain applications. SICore will start off by being available on Windows, Linux, and MacOS, sicore will be ported to a web app, Chrome plugin, Android, and iOS, allowing cross-device accounts and logins without storing any user information on our infrastructure.

05. SILite

SILite is a multiple asset mobile version of the wallet and it will be available for Android, iOS and it's 100% free to download. You're always in control of your private keys: we neither store nor have access to them. Enjoy support from multiple digital assets and dozens of fiat reference points.

A unified dashboard that allows you to view your digital assets in a streamlined, easy-to-use interface with a portfolio module: Stay on top of asset value with our new portfolio module.

Market data: Price moves, market caps and trends at your fingertips with multi-chain block explorers to track raw balance and transaction data.

We plan to integration ShapeShift to add seamless peer-to-peer exchange between supported assets.

Get started with an industry-standard 12-word backup phrase that is portable to and from other wallets. Sensitive information like your backup phrase and private keys are never stored anywhere but your device. You control them. We can’t even access them.

06. SIID

SIID is an authentication system designed to enable users to maintain full control over their digital identities. It potentially allows users to keep property, health records, and other information on a decentralised, encrypted network rather than on paper or in centralised servers; this will give the user control over their information and privacy that is lacking in our current digital world.

The Si Registry provides API access to the SIID authentication protocol. Via a generated Persona, a new identity called Entity is then generated and tethered to the Persona. This way, a third-party service authenticating via SIID would have three degrees of separation from your actual wallet identity, allowing for different Personas while still providing the potential for anonymity.

An authentication system that creates an online Persona for the user, to be used in all aspects of life for any system of rules that requires verification and validation of a real-world identity.

07. SiDex

SiDex is a decentralised exchange created to run on the decentralised network and to be provided through sicore and a standalone web portal, sidex will also be technology showcase for sidev.

Currently, the largest exchanges for cryptocurrencies are centralised. In most cases the user does not own their private keys to the wallets of the exchange and as such does not own the cryptocurrency that is in their “exchange account.”

Although centralised exchanges currently offer much better experiences as well as more transactions per second, decentralised exchange are improving. With new ones offering users control over their private keys, we are at the start of a revolution in the exchange market. The main issue that is stunting adoption of decentralised exchanges is the issue of scalability due in part to their infrastructure.

SiDex will be built on top of the sidev network as a showcase of its capabilities. The interface will be designed to be simple to navigate yet complex enough for advanced users. With integration directly into sicore, as well as being a standalone platform on web and mobile, sidex aims to be the first dex with mass adoption in the space. Also, open API calls will allow developers to utilise sidex in their applications for the exchange of tokens and currencies.

08. SiPool

With sicash mining pools, you can work with other miners and devices across the internet to pool your resources in performing complex calculations to generate blocks of data. The mining 'reward', as it’s known, is then split proportionally amongst each participant.

This makes mining much faster, but don't just join the first mining pool you see. This is because the method used to allocate rewards and the final amount you'll receive will depend on the mining pool in question.

Registration with SiPool is optional: when configuring your miner, you only need to enter your sicash wallet address as the username to begin mining right away. However, users who do choose to register can view more detailed statistics about the mining pool.

The payment method that will be used by sipool is PPLNS (Payment Per Last N Shares). 'N' in this case is five times the network difficulty, immediately after a block is found.

The pool fee itself is 0.5% and transaction fees are included in the block reward, meaning pay-outs are quite generous relative to rival larger mining pools, although payment may take some time. You can find a more detailed explanation of how pay-outs are managed on sipool website.

09. SIRewards

SIReward (SIR) loyalty platform, loyalty reward system that allows customers to redeem rewards with any busineses that accepts this token and are partnered with System International Technologies Limited.

10. SICare

SICare was created for the sole purpose of raising funds for charitable causes, we are big believers in sharing is caring and as a charity and not-for-profit, we keep our fees low and any surplus we make goes back into growing the giving market, not to shareholders.

Our simple, friendly and inventive approach has earned us a trusted reputation and firmly established us at the heart of corporate giving, we vet all charities on our vast database to ensure donations go to genuine causes and we take data privacy very seriously.

As a community 1.5% of the mining funds will be donated monthly to a cause voted by the community, we will be taking suggestions from the community of which charities to add to the shortlist and once all charities have been vetted a voting system will be in place each month.

It’s a well-known fact that 43% of people don’t trust charities but by using distributed ledgers to track transactions, cryptocurrencies to transfer funds and smart contracts to ensure donations are spent correctly, we are determined to make the non-profit sector more transparent.

11. SiChain

SIChains is the side chains that will run on the sicash network to provide usable computing power and scalability to decentralised application developers. The main sidev chain along with sichains are blockchains that will operate on the sinode Network. This will allow true decentralisation in a scalable manner as computing resources are guaranteed to be available up to the total number of sinodes collateralised on the sicash network. This allows the ability to open up other resource pathways if one or more sichains become saturated.

12. SIDev

SIDev is a platform designed for decentralised application developers to interact with the sicash blockchain and sichains through easy-to-use SDK and BDK environments.

SIDev will be designed around developers to make working with blockchain as easily accessible as possible. We will achieve this by giving developer’s access to the SiSDK and BDK, which will allow easy adoption of blockchain into their new or existing projects.

There will be some template sichains to help developers get started and will allow developers to interact with them using JavaScript. Also, smart contract templates along with token templates will be available also allowing for smart contracts to be written in JavaScript. This lowers the barrier to entry for developers, as JavaScript is the most widely used programming language.

To deal with the transactions of tokens, they will be offloaded onto separate blockchains that will, when needed, communicate with the main sidev chain. This also allows higher transactional throughput and, for example, could reduce the impact when a particular chain is under maintenance.

Technical details regarding the sidev platform and products directly related to it will be shared at a later release date.

13. SIDapp

SIDapp store will be a central hub for decentralised and some centralised applications, with a lower barrier to entry, with some rules and regulations to ensure legality. The app store is designed to allow developers access to a large user base on a cross-platform solution. SICore operates as a sandbox for these dapps to operate inside of, allowing faster access and development time without having to wait for approval from certain companies.

SIDapps differs from other blockchain offerings by its inherently low learning curve. The framework will be accessible via the SDK, which will likely be JavaScript language, and possibly other languages as the platform is developed. Utilising an extremely popular programming language ensures easy access to development tools and accessibility to a wide range of both professional and hobbyist programmers.

At Si Technologies, we believe people should be able to communicate freely and without restrictions. To that end, a messenger will be created as the first dapp. It may then be followed by a social media platform that allows people to express their opinions without censorship (within the law).

Let's have a look at

Our Team

Below you will find information on our current team.

photograph of Robert Murphy
Robert Murphy
Co-Founder & Technical Director
photograph of Richard Cooke
Richard Cooke
Co-Founder & Operations Director
We Are Hiring
Full Stack Developer - Lead Dev
We Are Hiring
Python/C++ Developer
We Are Hiring
Javascript Developer
We Are Hiring
UI/UX developer
We Are Hiring
Graphic Designer
We Are Hiring
Marketing & Media Manager

We Are Hiring

We can never fall short when it comes to recruiting, hiring, maintaining and growing our workforce. It is the employees who make our organization’s success a reality.
JOIN US
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Downloads

Download area for all software and supporting documentation.

SICash QT Wallet v0.1.0

Desktop download for Windows

Download

SICash QT Wallet v0.1.0

Desktop download for MAC OS

Download

SICash QT Wallet v0.1.0

Desktop download for Linux

Download

Whitepaper document v1.3

Download our technical whitepaper which will give you full insight into what we are trying to achieve.

Download

SICash Raspbian 64bit v0.1.0

Download 64bit SICash Raspbian Image (Recommended from Raspberry Pi 2 - Raspberry Pi 4)

Download

SICash Raspbian Lite 64bit v0.1.0

Download SICash Raspbian Lite Image 64bit (Recommended from Raspberry Pi 2 - Raspberry Pi 4)

Download
let's us help you get setup

Tools & Resources

Links that power the infrastructure of SiTech brands.

SICash Coin Specs

Max Supply: 42,000,000,000

Algorithm: POS

Block Time: 60 seconds

Block Reward: 8250

Halving: 5 years

Small Pre-Mine: 0.2575%

Start Mining

SIAssets Token Specs

Max Supply: 387,420,489

For Sale: 174,339,220

Asset Token: Yes

Voting: Yes

Dividends: Yes

SiTech Website
let's us help you buy SICash

Exchange

Below is a list of exchanges where you can buy and sell SICash.

SICash Store

Buy SICash direct from our store for a limited time only, the purpose of selling direct is to support people who do not have the knowledge of using online exchanges.

Buy Now

STEX Exchange

STEX - regulated crypto currency exchange based in Estonia. Operated by Etna Development OÜ with license "Providing a virtual currency service"

Trade Now

VinDAX Exchange

VinDAX - Launched in Mar 2019, VinDAX (Vin Digital Asset Exchange platform) is a centralized exchange based in Vietnam.

Trade Now

Partners & Affiliate

Below is a list of our current partners & affiliate.

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Contact Us

It would be great to hear from you! If you got any questions.

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