Digitalization is one of the conditions of the fourth energy transition, on the threshold of which the whole world stands. Today, outdated technologies are replaced by new ones: AI, blockchain, robotics and many others-they are already being implemented in various areas from private business to the public sector. The economic sector is not an exception — its format is also changing, and in the future the entire financial system will change.

Hydrostandart aims to become a part of the global digital economy and to create a decentralized ecosystem for the direct interaction of any digital and tangible assets. The basis of the new ecosystem will be a universal digital currency, based on a universal standard of valuation and calculation, capable of generating a non-political measure of the value for everything. The HRS (project currency) will have a strict correspondence to the physical quantity in the form of a certain amount of energy. Hydrogen, which has the highest energy content per unit mass, will be used as the HRS cost assurance tool.

“Hydrostandard for money” will combine energy as a physical quantity and a tool, and money in the form of information carrier. These two properties will allow HRS to become a universal tool of turnover. The ability of the currency to be compared with the standard at any point of calculation will contribute to the stability of the economic and financial systems. It will also be a reliable protection against risks, abuse, speculation and inflation.

The cost of any product will acquire a reference price in the form of its own energy content and energy costs for its production. The decentralized ecosystem of Hydrostandart will include the use of AI and blockchain for distributed storage of hydrogen energy and financial calculations (including Smart contracts), analysis, data management will be placed in the public domain in Ethereum and on the project website.

Learn more about Hydrostandart ecosystem, HRS and how to make money out of water at: hydrostandart.io