Hydra is a credit data tracking and reporting protocol that decentralizes credit data collection and reporting to blockchain. Hydra stores data using IPFS protocol that can reside on individual’s devices giving them complete control of their data. Hydra is building an integral part of the loan ecosystem that will integrate with traditional Fiat and Digital lenders to create a seamless risk assessment and data reporting system. Hydra will also integrate with traditional and new identity management systems to store and provide identity verification so that lenders can issue fully compliant loans on the platforms.