Partnership forged between SparkPoint and Project Hydro
The partnership was inked between the two companies during the Holidays of 2020.
To materialize SparkPoint’s vision and mission of the mass adoption of blockchain technology and cryptocurrency, SparkPoint ($SRK) has forged a new partnership with Project Hydro ($HYDRO).
SparkPoint Innovations Inc. and Project Hydro Incorporation have entered into an agreement on December 28, 2020, signifying the start of a partnership that will bring services like Raindrop API integration and access to the Snowflake protocol to the SparkPoint Ecosystem.
About Project Hydro’s services
Raindrop
Raindrop is an authentication protocol that vastly improves upon current 2FA standards with decentralized public blockchain security for logins, transactions, and payments.
Built on top of the Hydro public ledger is a blockchain-based authentication service called Raindrop. This offers a layer of security that helps verify if an access request is coming from an appropriate source. Hydro Raindrop offers a way to enhance off-chain authentication protocols by incorporating blockchain mechanics as a component of a single- or multi-factor authentication process. This can add a useful layer of security to help thwart system breaches and data compromises.
Snowflake
Snowflake is an identity protocol designed to protect private data from identity theft on the blockchain by providing a major barrier to identity theft attempts.
Snowflake builds an extensible identity following the ERC 1484 digital identity standard. Each end-user of a snowflake-powered application is minted a globally unique Ethereum Identification Number which connects to all of their owned Ethereum addresses and ties the user to arbitrarily formatted data. Snowflake handles the complexities of identity management — trustlessly connecting to new user devices, allowing applications to pay gas costs on behalf of the user, and allowing a user to interact with multiple applications and instances of identity with a common user experience. Snowflake identities must be “minted.” Each minted Snowflake acts as a base identity layer that can be interacted with and extended.
Welcome to our roster of partners, Project Hydro!
Sources:
Learn more about SparkPoint and SparkDeFi from the following links:
SparkPoint Website: https://sparkpoint.io/
SparkDeFi Website: https://srk.finance/
SRK-ETH on Uniswap: https://srk.sh/uniswap
Trade SRK: https://srk.sh/trade
Telegram Announcements: https://t.me/sparkpoint
SparkDeFi Telegram: https://t.me/SparkDeFi
SparkDeFi Twitter: https://twitter.com/SparkDeFi
SparkDeFi Facebook: https://www.facebook.com/SparkDeFi
SparkDeFi Instagram: https://www.instagram.com/sparkdefi/
LinkedIn: https://www.linkedin.com/company/sparkpointio
GitHub: https://github.com/sparkpointio
CoinMarketCap: https://coinmarketcap.com/currencies/sparkpoint/
