Read Hydro News, Price Prediction, Opinion and Analyses Created By Users

Hydro (HYDRO)

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Hydro Labs, formerly Project Hydro, (HYDRO) is a community-driven blockchain project incubated by award-winning fintech designer, Hydrogen Platform, whose global community is dedicated to making widespread crypto adoption a reality. 

Hydro Labs is armed with a set of smart contracts built on top of Ethereum, which include protocols for security, identity, document signing, peer-to-peer capabilities, tokenization and artificial intelligence. This sets up Hydro as an all in one solution for businesses, providing a variety of tools to execute contracts in a trustless, secure, and decentralized manner. In addition, the entire ecosystem is interoperable, meaning that information can be securely exchanged between peers, businesses and third-party developers without jeopardizing any data.

At the beginning of 2019, Project Hydro was handed over to the decentralized community, initially known as decentralized ambassadors, who then branched off and registered as Hydro Labs - an entity incorporated in the Cayman Islands. Being a non-funded project (no ICO + no VC funding) Hydro Labs has been hindered for the past year in its marketing and exchange listing efforts. Recently, however, Hydro Labs has entered into a service agreement with Hydrogen to further develop Hydro technology with 500 million Hydro tokens.

The Hydro blockchain is robust and interoperable, making it possible for existing and new systems to easily implement it as a blockchain layer. Hydro's digital identity aggregator, known as Snowflake, is facilitated by an ethereum identity standard known as ERC-1484. This standard serves as the backbone of the ecosystem and is the main engine for identifying each user. The Snowflake protocol provides interoperability within any system (private or public) making it simpler for KYC/AML on-boarding. This is only one use case and the possibilities are endless, from e-commerce to payment services, healthcare, banking, and governance - essentially anything that requires identity management. 

In this tag, read Hydro Labs (HYDRO) news, price predictions, opinions and analyses created by users.


Announcing a strategic partnership with OpenDefi

10 Jun 2021 1 minute read 0 comments Project Hydro

We have onboarded a new partner, and this time it's OpenDefi by Oro Pocket. OpenDefi bridging the gap between physical assets and DeFi. Using OpenDefi institutional investors can participate in the crypto and DeFi economy as it removes barriers of p...

Huge Announcement : Launching of HydroSwap

9 Jun 2021 5 minute read 2 comments Project Hydro

DeFi or Decentralized Finance has the potential to shift the structure of the whole financial system at a macroeconomic level and likely to have a significant impact on how banks operate in the future. The future of finance is Decentralized, so as P...

Swap Hydro token using Hydro Escrow Bridge

1 Jun 2021 3 minute read 1 comment Project Hydro

As of now Hydro token is available on 2 blockchains- Ethereum and Binance Smart Chain (BSC). On Ethereum network it’s available as in ERC-20 format and on BSC network as in BEP-20 format. If anyone holds Hydro tokens on their personal wallet and wan...

Hydro Development Updates 27 May 2021

27 May 2021 5 minute read 1 comment Project Hydro

Welcome everyone to the 2nd edition of the Bi-weekly Development Updates. Before we start we would like to give our condolences to Ayushya, who recently lost his grandfather. These are really hard times and we should all stand united to fight this p...

Hydro Development Updates May 2021

11 May 2021 5 minute read 1 comment Project Hydro

Happy Tuesday Everyone! The pandemic has affected many Countries and activities around the world, and our team isn't left out. Either someone in our team or someone in their family/relatives are sick, we're hoping for their speedy recovery but block...

How to transfer your HYDRO to Binance Smart Chain

11 Apr 2021 1 minute read 0 comments DimitarM

I have some Hydro tokens back from the day when Publish0x was paying in it. Recently Hydro was migrated to Binance Smart Chain so you can move your tokens from being ERC-20 to BEP-20, which will significantly reduce fees. In addition to that, the BEP...

I think I might have lost money.......again

5 Mar 2021 2 minute read 1 comment belemo

I spend most of my time on Binance but I've also used KUcoin, Bittrex, Huobi and even iomomy, all to a lower extent. However, a pleasant but unforeseen event was turned sour when I decided to create an account on Coinex. Two days ago, I peered into...

Completion of Phase 1 & 2 Hydro Token Redistribution

2 Mar 2021 1 minute read 1 comment Project Hydro

Yay! We’re glad to announce the completion of Phase-1 and Phase-2 HYDRO token redistribution. As per our recent announcement, we’re going to redistribute the new token in 3 phases. In Phase-1, we’ve redistributed new BEP20 Hydro tokens to all privat...

Hydro Smart Contract Redeployment

28 Feb 2021 3 minute read 6 comments Project Hydro

Project Hydro held the Open Community Voting from 29th of Jan to 1st of Feb, so the community can vote for the reduced supply of the Hydro token. And the 111M option was chosen by the community as the new Total Supply. The Project Hydro team has com...

Hydro's going to multi-chain

28 Jan 2021 3 minute read 0 comments Project Hydro

There is nothing like "one chain to rule them all", but a range of many blockchains co-exist with different specific use cases. Bitcoin and Ethereum run on single-chain networks but they would have to implement new technology or second layer solutio...