Hydro Pay — a reimagined way of working with online payments. You can use the app to send money to friends without any fees. This is a convenient and free way, the essence of which runs on the use of cryptocurrency.
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Description of the Hydro Pay project
Firstly, Hydro is an open source Ethereum blockchain project with a global community of contracting and product development professionals. Second, Hydro allows you to build safe and interoperable decentralized apps for P2P and B2B payments, merchants, remittances, loans, savings and tokenization.
In addition, this new ecosystem runs on the groundbreaking ERC-1484 identification standard. Despite the fact that the developers do not provide White Paper, they maintain a blog, describing the portal's innovations and other features. Also, a Roadmap is available. It marks the stages of project development.
Features of the Hydro Pay project:
| Raindrop Phase | Raindrop - an authentication protocol that allows you to secure user accounts and databases, using blockchain. |
| Snowflake Phase | It is a smart contract, created by using the Hydro ERC-1484 identification standard. |
| Ice Phase | Protocol of signature and verification of documents. |
| Tide Phase | Tide - a series of protocols that interconnect with ERC-1484 to enable identity-related applications. |
| Mist Phase | An artificial intelligence protocol has been created to monitor transactions and monitor fraud. |
| Hail Phase | Building on others, Hail provides tokenization and monetization of the token market. |
The application has a simple interface and registration process. There are no gas charges, so you can use the mobile payments app to securely pay friends, family or anyone on your mobile phone list for any purchases.
What does Hydro Pay offer?
Hydro Pay - the first of its kind P2P ERC20 crypto payment application without gas, made possible only by the creation of the ERC-1484 identification standard. Possibilities:
- Fast registration. Just add your email address and phone number to get your unique HydroID.
- Create a backup to be in control of your money.
- Calculation of the cost in dollars and other currencies in real time.
- Encrypted messages with all payments.
- Request payments from friends.
In future versions, the developers plan to add FIAT-HYDRO gateways and other ERC-20 tokens. Telegram channel with 9000 subscribers provides regular news, quick feedback and communication with other members.