Hash Matrix is a distributed cloud service protocol built on cutting-edge technologies such as distributed ledgers, cryptographic economics, and semantic networks. It provides privacy security and rights for free, with unlimited scalability. It integrates storage space, computing power, bandwidth, data, algorithms, and services that are scattered among individuals or institutions worldwide. This integration is done in a trustworthy, transparent, secure, decentralized governance manner that allows for flexible configuration. It fundamentally solves the issues faced by fragmented centralized storage services, including data silos and monopolies, high costs, privacy breaches, and lack of trust. Hash Matrix builds a 5G and AI-friendly foundational infrastructure for decentralized cloud collaboration.