Boson Protocol announces Bridge Mutual as dCommerce ecosystem partner
Boson Protocol, the Web3 dCommerce primitive that automates digital to physical redemptions, is delighted to announce that Bridge Mutual ($BMI), the decentralized risk coverage platform - will become a partner of the dCommerce ecosystem.
Bridge Mutual and Boson Protocol will collaborate around the implementation of a widget that will enable users to buy spot coverage for their transactions on any dCommerce website powered by Boson Protocol.
By implementing decentralized risk coverage, we provide more security for buyers, sellers and third parties in individual transactions. Therefore, Decentralized coverage presents itself as an essential module for dCommerce. We are delighted that Bridge Mutual will provide a safeguard for the Boson Protocol ecosystem, playing an important role in helping to ensure a seamless and frictionless experience for participants within dCommerce.
Boson Protocol enables trustless digital-to-physical redemption by using NFTs encoded with game theory and disrupts e-commerce platforms by tokenizing things and their data within a liquid digital market, built on DeFi. This enables the creation of a decentralized commerce ecosystem, powered by a stack of specialist applications, resulting in the demonopolization and democratization of commerce,
Being entirely non-custodial, all funds in the Bridge ecosystem are held in smart contracts, meaning no Bridge team member ever has access to the funds being staked on the system. Bridge is a truly decentralized, user-governed ecosystem, with Bridge Mutual ($BMI) tokens used to vote on Bridge improvements, so it remains secure, competitive and transparent.
‘I am personally thrilled about our partnership with Bridge Mutual — it represents the formation of the decentralised underpinnings that will become the foundation of the Boson ecosystem. Collaborating with companies like Bridge Mutual means we can offer a trust-minimised dCommerce solution, in answer to the extractionary eCommerce model whose objective is to maximize revenue for private shareholders, whilst increasing data extraction from customers.’ —
Justin Banon, CEO Boson Protocol
About Bridge Mutual
Bridge Mutual is a decentralized, p2p/p2b discretionary risk coverage platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide coverage, decide on policy payouts, as well as share profit and get compensated for adjudicating claims. Bridge Mutual is planning to launch their platform at the end of March.
About Boson Protocol
Boson Protocol automates digital to physical redemptions using NFTs encoded with game theory. This allows the trustless coordination of commerce transactions with minimized human intermediaries or arbitrators.
Boson’s core technology disrupts e-commerce platforms by tokenizing real-world products and services and commerce data within a liquid digital market, powered by DeFi infrastructure. We call this decentralized autonomous commerce.
Let’s build an Open tokenized economy together.
- Find out more about us at www.BosonProtocol.io
- Access the One Pager
- The Lightpaper is here
- Check us out on Twitter.
- Join our Telegram discussions here.
- Want to dive deeper? Read our whitepaper.
Lastly, if you’re a decentralization enthusiast, please follow us here, on Medium. We will post frequently about our dCommerce journey and would love to hear your comments!
