A letter About Project Hydro from The Community You Should Know

Intoduction Hydrogen (Hydro)

WHAT IS HYDRO?

Hydro is the first public blockchain for financial services. With Hydro, smart contracts can be added to financial applications with just a single API call! Hydro aims to be the Blockchain solutions for security, identity, payments, and more!

WHAT IS HYDRO GOALS?

The goal of Hydro is to create standardized smart contracts, APIs, and dApps to be used by billions of customers in the financial services industry. Much like the world tech community goes to Apple and Google for standardized operating systems and products, Hydrogen can accomplish the same thing in blockchain for financial services applications. We believe there will be no need for “blockchain developers” within financial services, only developers with basic knowledge of APIs that can execute a suite of standardized smart contracts for all of the tasks needed to decentralize and secure financial applications.

25% of all Blockchain projects currently revolve around the financial industry. Hydrogen describes itself as “the FinTech Blockchain”. It’s a rather generic description that makes it hard to know how this project stands out from other financial Blockchain projects.

Most financial based Blockchain e.g. Ripple, Stellar aim to improve the financial transaction itself. They aim to introduce a cheaper and faster way to do cross-border payments etc… But the difficulty they face is firstly scalability because the Blockchain is primary made for security not speed and secondly they face difficulty of mass adoption because using their technology demands that the financial company e.g. the bank has to make huge adjustments to their current practice to use Blockchain technology.

Hydrogen though is a second layer solution to financial transactions that adds an additional layer of super security and open ledger to all the transactions, after the bank has done it’s thing. In other’s words, it doesn’t interfere at all with how they bank currently runs, it just adds a second layer of security. It’s non-intrusive, easy to adopt, and that’s why banks and other major financial institutions will find it easy to use. It’s providing the benefits of the Blockchain decentralised open ledger, with zero disruption to existing current practices.

RAINDROP PHASE

Raindrop Phase

Raindrop is an authentication protocol, built on a decentralized and public blockchain, that the Hydrogen team believes will become an industry standard.

This Phase features:

Hydro Raindrop Smart Contracts

2. Hydro Raindrop API — allows non-blockchain developers to interface directly with the Hydro Raindrop smart contracts

3. Hydro mobile app v1 — security & identity management app (for Apple and Android operating systems) using the public blockchain. This dApp will be used for every phase of Hydro.

4. Hydro Web Wallet, powered by MetaMask, available when logged into the Hydrogen website.

Snowflake Phase

Snowflake is an identity management protocol, built on a decentralized and public blockchain, that the Hydrogen team believes will become an industry standard.

This Phase includes:

Hydro Snowflake Smart Contracts Hydro Snowflake API — allows non-blockchain developers to interface directly with the Hydro Snowflake smart contracts

3. Hydro mobile app v2 — all Raindrop features plus client Snowflakes are integrated into the mobile app, with a unique and fun UI

Ice Phase

Ice is a document management protocol, built on a decentralized and public blockchain, that the Hydrogen team believes will become an industry standard.

This Phase includes:

Hydro Ice Smart Contracts Hydro Ice API — allows non-blockchain developers to interface directly with the Hydro Ice smart contracts

3. Hydro mobile app v3 — all Raindrop and Snowflake features plus the ability to stamp, authenticate, verify, and seal any document or contract sent by a Hydrogen partner application

Tide Phase

Tide is a payment protocol, built on a decentralized and public blockchain, that the Hydrogen team believes will become an industry standard.

This Phase includes:

Hydro Tide Smart Contracts Hydro Tide API — allows non-blockchain developers to interface directly with the Hydro Tide smart contracts

3. Hydro mobile app v3 — all Raindrop, Snowflake, and Ice features plus a native mobile wallet

Mist Phase

Mist is an artificial intelligence protocol, built on a decentralized and public blockchain, that the Hydrogen team believes will become an industry standard.

This Phase includes:

Hydro Mist Smart Contracts Hydro Mist API — allows non-blockchain developers to interface directly with the Hydro Mist smart contracts

Complete integration with the Hydrogen Ion AutoML API, with tokens running the API processsing

Save and train models on the public blockchain

3. Decentralized Data Science Platform