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.


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...

Open Community Voting for the Hydro Token Supply

25 Jan 2021 2 minute read 0 comments Project Hydro

Project Hydro is an open-source project driven by the community. And the Hydro community has always been a part of every major decision that evolves the Hydro ecosystem. We interact with our community and listen to their ideas and suggestions carefu...

Major Partnership Announcement: SparkPoint integrating Hydro Protocols

6 Jan 2021 1 minute read 1 comment Project Hydro

We are thrilled to announce a partnership with SparkPoint. SparkPoint was founded in 2018 with aims to fast track mainstream adoption of blockchain and cryptocurrency. And Project Hydro can be helpful for this with the use of Hydro Protocols by brin...

Hydro Growth Squad Program

31 Dec 2020 1 minute read 1 comment Project Hydro

Introduction: The Hydro Growth Squad program is the marketing campaign for the crypto fans who are the true believers of Hydro and want to spread information and awareness about Project Hydro.Hydro Growth Squad are active Project Hydro community mem...

ÆGIR Mobile Wallet

28 Dec 2020 2 minute read 1 comment Project Hydro

Welcome to the 7th and the last day of the announcement week. We recently released Hydro Web Wallet – ÆGIR this week. We would like to finish our announcements week with the announcement of long-awaited release of ÆGIR mobile wallet(Beta Version). Æ...

Hydro Remittance App

26 Dec 2020 1 minute read 0 comments Project Hydro

Welcome to the 6th day of our announcement week. This week has been really amazing. We are honored to receive such support from our lovely community. Our developers were working tirelessly for the last 6 months on many products simultaneously like D...

ÆGIR is here...

25 Dec 2020 3 minute read 1 comment Project Hydro

It's been a very busy end of the year for all Project Hydro team members and developers. The Hydro community has been asking for the Hydro wallet for some time and now we’re very happy to announce the release of Hydro Web Wallet- ÆGIR. The ÆGIR Web...

Launching beta version of Vapour app

24 Dec 2020 2 minute read 1 comment Project Hydro

We already introduced our new app called Vapour to the community in our recent article, and gave insights about this Carbon Footprint Accounting System. Vapour app built to fight for a cleaner environment and help to ensure a greener future by reduc...

New partnership announcement: Project Hydro and Emedchain

23 Dec 2020 2 minute read 0 comments Project Hydro

Project Hydro is glad to announce a new partnership with Emedchain. Emedchain is a reliable, secure, and smart online pharmacy management software for smart pharmacy business.  Emedchain is building a product on top of Hydro, and it will be a real-l...

Grant & Partnership with Bloceducare

22 Dec 2020 1 minute read 0 comments Project Hydro

We are a fully open source project and our long-term vision for Project Hydro is to be completely decentralized in all aspects driven by the community for the community. To encourage the development of the Hydro ecosystem, Project Hydro will provide...