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Introduction to Hydro Raindrop
Hydro enables new and existing private systems to seamlessly integrate and
leverage the immutable & transparent dynamics of a public blockchain to enhance
application and document security, identity management, transactions, and
artificial intelligence.
The technology that will be used by Hydrogenplatform is callled Raindrop - a transaction performed through a smart contract that validates private system access publicly, and can complement existing private authentication methods. The technology is intended to provide additional security for sensitive financial data that is increasingly at risk from hacking and breaches.
Its initial implementation is performed on the Hydrogen API Platform. This modular set of APIs will be available to enterprises and developers globally to prototype, build, test, and deploy sophisticated financial technology platforms and products.
The Hydro Raindrop will be made available to the world developer community as
open source software, to allow developers to integrate the Hydro Raindrop with
any REST API.
Public Ledger for Private Systems
The systems that power financial services platforms, websites, and applications
can often be described as mediums of data flow - they send, retrieve, store,
update, and process data for the entities they interface with. Because of the
nature of this data, and of financial services more generally, these systems
often house complex operations in a private and centralized manner. Reliance on
private structures, in turn, opens the door for a variety of security,
transparency, and efficiency gains to be had by incorporating external forces
that exceed the reach of the internal system.
Such is the case with Hydrogen’s API Platform. Hydro aims to tap into the
aforementioned gains by allowing Hydrogen users to interface with a blockchain
in ways that are seamlessly integrated into the fundamentally private Hydrogen
ecosystem.
Public blockchain-based operations can occur before, during, or after private
operations. The interplay between private and public elements can serve to
validate, stamp, record, or enhance processes within an ecosystem.
The ethos of this model is making processes more robust by tapping into the
benefits of blockchain technology specifically where it can produce the most
positive impact. While this hybrid framework may not be applicable to all
platforms, Hydro focuses on providing value for the cases in which it is.
The scope of financial services platforms that can leverage Hydrogen is broad.
These platforms can power virtually any experience, house any number of
proprietary services, perform any private data operation, and deploy in any
environment. This is enabled by Hydrogen's structural modularity and is
synergistic with Hydro, acting as a complementary driver of adoption.
Hydro Raindrop
Rain contains packets of condensed water ranging from 0.0001 to 0.005
centimeters in diameter. In a typical rainstorm, there are billions of these
packets, each of random size, velocity, and shape. Because of that, one cannot
reliably predict the exact nature of rain. Similarly, every Hydro
authentication transaction is unique and virtually impossible to have occurred
by chance - that is why we call them Raindrops.
Financial services platforms commonly utilize micro-deposit verification to
validate client accounts. The concept is simple: the platform makes small
deposits of random amounts into a user's claimed bank accounts. In order to
prove the user indeed owns said account, he or she must relay the deposit
amounts back to the platform, which are then validated. The only way the user
can know the valid amounts (besides guessing) is by accessing the bank accounts
in question.
Raindrop-based verification with Hydro is analogous. Rather than sending the
user an amount and having it relayed back, we define a transaction and the user
must execute it from a known wallet. The only way the user can conduct a valid
transaction is by accessing the wallet in question.
By using Raindrops, both the system and the accessor can monitor authorization
attempts on an immutable public ledger. This blockchain-based transaction is
decoupled from the basic system operations, occurs on a distributed network,
and depends upon the ownership of private keys. Therefore, it serves as a
useful validation vector.
Hydrogenplatform Products and their Apllications
Hydro Raindrop
I have explained Hydro Raindrop above, let me talk about its real life applications. It will be used by developers globally to develop FinTech applications on Hydrogenplatform.
It will enables developers to seamlessly deploy blockchain in their existing applications, without the need to create expensive infrastructure. If you are building a fintech app in investing, savings, or insurance, Hydrogen is already leveraging the Hydro blockchain technology via the Hydrogen Atom API.Hydrogen Atom
The Hydrogen Atom platform has powerful REST APIs with modules built for fintech. This can be use to build applications in wellness, insurance annd banking industry.Hydrogen Ion AutoML API
Charge your data with powerful AI insights. Ion is a REST API which enables data scientists to pre-process datasets, and train and evaluate models with machine learning.
AutoML built into the API can take any dataset and generate powerful machine learning metrics without any input from the user. It's data science made simple!
Understanding the Hydro Token Distribution
Hydro Token will be used for any transactions on Hydrogenplatform, it is an utility token whose value appreciation depends on the global acceptance of Hydrogenplatform and with the kind of technology the platform has to offer, the value of the hydro will surely appreciate.
A finite supply of 11,111,111,111 Hydro Tokens has been created. For the health and continued sustainability of the Hydro ecosystem, the Hydro Tokens have been allocated as follows:
For More Info, pls visit any of these links below:
Website: https://www.hydrogenplatform.com/
Whitepaper: https://www.hydrogenplatform.com/white-papers/Hydro_Raindrop_White_Paper_English.pdf
Medium: https://medium.com/HydrogenAPI
Twitter: https://twitter.com/HydrogenAPI
Telegram: https://t.me/projecthydro