Hydro allows private systems to interface with a public blockchain. We propose a new hybrid private-public model that enables financial services platforms to leverage the dynamics of a distributed, transparent, and immutable public ledger. The project focuses on particular areas where this can add value, such as authentication, identity management, document security, transactions, and artificial intelligence.
Hydro is part of the parent company Hydrogen. Hydrogen is a tech platform for developers and enterprises in the financial services space. Its modular set of APIs offers digital infrastructure and capabilities to quickly prototype, build, test, and deploy sophisticated financial technology platforms and products globally.

We began an integration of blockchain tech as part of the Hydrogen platform during the summer of 2017. Our main consideration was how the Hydrogen API ecosystem, being fundamentally private, can be enhanced by a public blockchain layer. As we laid out our plans to accomplish that, we also realized that our proposed private-public hybrid model can and should be used to enhance systems of all kinds. We are excited to announce Hydro as an open technology suite, with its ongoing implementation in Hydrogen serving as a point of immediate adoption.

We concluded our air drop distribution to developers on 2/16, distributing 2,556,219,666 tokens to 11,208 developers. A minimum of 222,222 tokens were distributed to each developer for use in integrating Raindrop authentication and further developing with Hydro and Hydrogen. Developers can use their tokens to build blockchain-enabled applications. We encourage people to make world-changing applications using Hydro from day one!

Hydro utilizes an ERC-20 standard token. The total token supply is 11,111,111,111 (for the atomic number 1). Of those tokens, approximately 23% were distributed to the developers who successfully signed up during the rollout period described above. The remaining 27% of the initial 50% allocation for the airdrop has been moved to the repository – dedicated to helping grow the community. This portion, plus an initially allocated 20% sum to approximately 47% of the Hydro supply in the repository. We will be releasing a detailed document of our plans for the repository in the coming weeks.  The final 30% is reserved for the team.