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Hydro Community Development Program
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HYDRO:The smart world security #154

Closed ekpowa closed 6 years ago

ekpowa commented 6 years ago

HYDRO: The smart world security

Hydro is the blockchain application of Hydrogen, an API platform that allows developers to build sophisticated fintech apps in minutes. Hydro enables private financial systems to seamlessly leverage the public blockchain. Cloud applications throughout the financial services ecosystem can now benefit from the power of smart contracts, creating more secure, transparent, and low cost financial products globally.

The Hydro API was made for applications to interface with the Hydro Smart Contract. All Hydrogen APIs are built on REST principles, with resource oriented URLs and HTTP response codes. All API responses are returned in JSON format.

Security is a very vital aspect of life that if left unattended to often times than not leads to loss of lives, properties, data and so on. The digital nature of cryptocurrencies renders them vulnerable to a wide range of security risks. Their inherent complexities have led to many lose their assets or coins to either through inadequate security protection or ignorance. It is therefore imperative that all necessary measure have been undertaken.

Hydro enables private financial systems to seamlessly leverage the public blockchain. Cloud applications throughout the financial services ecosystem can now benefit from the power of smart contracts, creating more secure, transparent, and low cost financial products globally.

Why Is Hydro Different? Hydro 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 API

The Hydrogen Atom Hydrogen Atom integrates with the tools you need Interface with your internal systems using pre-built connectors. Integrate with preferred 3rd party tools for CRM, compliance, aggregation, analytics, data and more. The Hydrogen Atom platform has powerful REST APIs with modules built for fintech. Every APIs is specially designed to work independently.

The Nucleus API:
The Nucleus API provides among many others the core digital infrastructure to control, anchor  fintech applications. Also it contains single and multiple authentication for security. Configuration,storage and encryption of client information. Creates accounts and manage them for their clients and sub-accounts. Order creation and tracking for trade execution, clients questionnaires to help improve their services. 

Proton API: The proton API provides financial engineering tools and programming practices to power fintech applications on the blockchain. Create single or multi dimension risk scores for clients as well as updated records of goals for wellness and investment.performing complex financial simulations on the fly.

Electron API The Electron API provides the best functionality to anchor and grow your Fintech applications. Handle issues of support tickets, FAQS and chat for client. Manage and track promotional contents,usage and encrypt sensitive documents for clients, firms and companies. It also run the billing report

One of the major problem hydro solves in authentication is its decentralised nature,as well as it faster and more efficient way.

Transactions are collectively affirmed by chains of distributed servers or node. It would take an aggressor a ton of figuring to assets to effectively control and trade off the system . If you loose your phone there are great chances of recovery through seed recovery provided by the application, users can access their authenticator after they provide the seed.

STAGES OF AUTHENTICATION HYDRO authentication often goes through three distinct stages.

Initialization Initialization is the first stage that introduces the raindrop

Raindrop The first Hydro product release is called Raindrop a transaction performed through a smart contract that validates private systems publicly, and can complement existing private authentication methods. This technology is intended to provide additional security for sensitive financial data that is increasingly at risk from hacking and breaches. Raindrop helps provide security for financial data from the risk of hack etc.

Validation This is usually the last stage .here there is a check if from Hydro if the accesor carried out a valid raindrop transaction.

It is worthy of note that apart from security, hydro also helps to solve the problem of cost, time,business intelligence, innovations,modularity and so on.

Useful links Telegram : https://t.me/projecthydro

Twitter: https://twitter.com/@hydrogenapi,

Website: https://hydrogenplatform.com/hydro

Reddit: http://www.reddit.com/r/projecthydro

BitcoinTalk: https://bitcointalk.org/index.php?topic=2778123.0

Blog: https://medium.com/hydrogen-api

Discord: https://discordapp.com/invite/gxAUagw

YouTube: https://www.youtube.com/channel/UChDPAVs_qKREy9zAQsc6VVw

Ethereum Address 0xE9160e8B35c83b1cCeAa2418B1620646cE5bF20D

ghost commented 6 years ago

Thank you for your submission! We appreciate your involvement with the Hydro ecosystem.

Unfortunately, this post doesn't meet the standards of the HCDP; it does not provide an original, detailed, informative view of Hydrogen products. We’re currently looking for posts that add an additional layer of uniqueness beyond summarizing our current white paper or existing product offerings.