Bifrost x PAID Network Partnership Announcement
Bifrost is pleased to announce its partnership with PAID Network, a global known project that aims to provide blockchain based legal agreements using Smart Agreement. Therefore, PAID Network settles the legal agreement on blockchain, lower fees for different parties and reduces the delay.
Kyle Chasse, CEO of PAID Network said:
“We are excited to partner with Bifrost as it will allow us to offer our SMART Agreements across multiple blockchain protocols. PAID’s goal is to truly disrupt the legacy legal system and in order to do so, we need our dApp accessible to as many people as possible. Bifrost’s multichain interoperability working with multiple chains will allow us to reach more users.”
This partnership will help the growth of Bifrost and PAID Network both as a company and implementation of our technologies. Bifrost’s multichain technology and interoperability of blockchain protocols with PAID Network’s SMART Agreements will revolutionize the legal system.
Strategic partnerships are essential for DeFi services to adapt to the constantly changing DeFi climate and assess the best way to move our fields forward. Bifrost will continue to work with the highest quality companies in the industry to bring a trusted and transparent financial system for everyone.
About Bifrost
Bifrost is a middleware platform that enables developers to create Decentralized Applications (DApps) on top of multiple protocols. Bifrost is not restrained to a single Blockchain, and creates a new environment where developers can combine the best protocols. Developers are able to use Bifrost to develop a substantially more scalable and flexible DApp by selecting the target blockchain on Bifrost.
About PAID Network
PAID Network is a comprehensive business toolkit for all business transaction needs. Traditional legal contract systems obligate the participants to employ legal counsel, using long and complex contracts filled with legal jargon that is difficult to understand. PAID’s SMART Agreements are simplified business contracts which are written in easy-to-understand language and signed on-chain, between two parties conducting business with one another.
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