Hydrogen generation by hydrolysis allows to mitigate the hydrogen storage challenge by a simple and efficient way. However, its practical implementation still requires solution of several problems including (i) irreversibility of the hydrolysis reaction and high costs for the regeneration of its products, (ii) suppression of side reactions (particularly dangerous for the boron-containing compounds when a toxic diborane can appear), (iii) improvement of the reaction kinetics and, at the same time, (iv) possibility to control H2 release depending on the customer need. Therefore, looking for a practical technology to generate hydrogen by hydrolysis remains a keen focus of research all over the world.