INTRODUCTION
Everything in life needs security; food, shelter, money, data and the life itself need security.
The rate at which we lost ourdata and other notable documents to hacker is becoming unbearable.
An adage said "the more property you have, the higher challenges that encounter you". In this 21st century, there a lot of innovation; same time, the rate of hackers,cyber crime is increasing and the security need to be improved.
Due to suddenly increase in numbers of hackers and breaches, security of data should be the paramount of individual or organization as a whole. Many are scare of even doing anything partaking to internet because the fear of loosing all they have to hackers. Our personal data online is no longer safe.
Many people haven been bankrupted due to hacker having access to his username and password and got private key and got away with all his financial assets.
The method hackers use these days is persuade people to click a phshing site.
With all these challenges, an extraordinary technology is required for users to be safe on internet
All thanks to a platform called Hydrogen. They are here to help us out of our challenges.
The platform called Hydrogen has developed some technology to safe our data and offer great security across the internet. The first phase of Hydro system is Raindrop.
HYDROGEN RAINDROP
Raindrop is the first phase of technology the Hydrogen has developed.
Raindrop is a blockchain-based authentication service built on the hydrogen blockchain.
Raindrop will create an authentication service that offers an unchangeable and globally viewable layer of security that will verify access from an authorised source to help prevent from hackers, breaches and data theft
In a null shell, I will tell you that it is a two factor authentication (2FA) service built on the blockchain.
Before now, there are other 2FA services that users are using, but they don't have that capability and still experience some limitation to secure people's data from been hacked especially in financial services.
Raindrop has the features to fill all the security challenges we face on internet now
PROBLEM
Some many type of organization have a private data; even individual, but financial platform has the largest quantities of private data.
Some of this data could beID number or just ordinary transaction history.
Very funny some time, hackers do hijack someone profiled picture and use it for something else.
HOW DOES HYDROGEN RAINDROP WORK?
Just like case of financial platforms, they normally utilize a micro-deposit to validate their clients account. What do I mean by that; what bank does is to send small deposits of random amounts to an authorized owner of an account; so for the bank to verify that the user actually owns the said account, he has to receive and send the amount back to the platform and if this is a match, it is then validated and then authorization will be granted to the user.
Hydrogen Raindrop uses a similar method but a little difference. Instead of sending a random amount and having the user receive and send the transaction back to the platform, a transaction is defined by the hydrogen blockchain which is like the codes we receive when a 2FA enabled request is initiated. Then theuser will execute the translation from a known wallet. This is just like inputting a code we receive in the dialogue box where it is required(for existing 2FA services).
One notable thing I want us to know is that without access to the wallet in question, the transaction can not be validated. So a private key is needed to access the wallet.
Raindrops will help both the system and the accessory to monitor authorisation attempt on an unchangeable public ledger.
MISSION OF HYDROGEN'S RAINDROP
To fix authentication frameworks, including poor security, centralization and recovery
FEATURES OF HYDROGEN' RAINDROP
Everything is done using a blockchain and smart contracts which will be difficult hacker so far it does as not have your private keys.
It is not centralized. Raindrop was built on a blockchain and it shows that nobody will have consensus over it.
In cases where a device goes missing, the hydro raindrop is encrypted with a seed regeneration feature. With this seed the authenticator can be recovered.
ADVICE TO FINANCIAL ORGANIZATION
This Hydrogen Raindrop can be easily be connected and work smoothly into financial platforms; either a new financial platform or already existing one. Raindrop will boost and increase transparency and strengthen the security of our financial assets.
I will urge every financial institutions to utilize this opportunity. Raindrop is the solutions to the challenges of poof security of our financial assets.
CONCLUSION
With all the features of Hydrogen Raindrop has, security of our data on the internet is secure. Hydrogen Raindrop, will tried high confidence security; you will able to know when whenever any unauthorized party tries to access your account.
For more inquiry,visit
website: https://www.hydrogenplatform.com
whitepaper: https://bit.ly/2wNs6rM