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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.
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...
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...
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...
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...
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...
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...
21 Dec 2020 1 minute read 0 comments Project Hydro
We are starting this week with the announcement of the first company that will receive Grants from Hydro Foundation. We are creating the ecosystem of the decentralized economy and we can’t do it alone. This grant will help to empower innovation and...
10 Dec 2020 1 minute read 0 comments Behiver
Picking stocks is not an easy job and you need to do your diligence before taking action if you want to be successful. I like to keep my portfolio diversified or at least balanced when thinking of the future. And one domain in which I try to be prese...
2 Dec 2020 3 minute read 1 comment Project Hydro
Hello Hybros, before talking about our new dApp, let me give you some basic info about dApp and dApp Store. A dApp, or decentralized application is a computer application that runs on a distributed computing system. dApps have been mostly populariz...
14 Nov 2020 1 minute read 0 comments Project Hydro
Here's something cool for the Gamers! To grow Hydro and it's ecosystem, we are doing a lot of things in 2020-2021, like staking, borrowing/lending to create movement and flow of HYDRO between users. Hydro tokens move in between developers, business...
