Bridge Mutual and Boson Protocol Strive Towards Future of Commerce
The Bridge Mutual ($BMI) team has been working hard to collaborate and coordinate new partnerships almost every day, so we are happy to announce yet another exciting announcement for our Bridge Knights!
We want to provide coverage for Boson ($BOSON), a protocol that enables smart contracts to exchange crypto assets for physical products and services without the need for intermediaries. In this partnership, BMI will provide a unique form of coverage for Boson’s ecosystem by allowing purchasers of goods and services to pay for coverage on their order in the event of non-delivery, making Boson a frictionless experience for its dCommerce users.
Decentralized Autonomous Commerce
Boson Protocol will execute commerce transactions with minimized human intermediaries or arbitrators. Their core technology disrupts e-commerce platforms by tokenizing real-world products and services and commerce data within a liquid digital market, built on DeFi.
“I am personally thrilled about our partnership with Bridge Mutual, it represents the start of the decentralized underpinnings that will form the basis of the Boson ecosystem. Collaborating with companies like Bridge Mutual means we can offer a trust-minimized 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 of Boson Protocol
With the goal of revamping the creation of a decentralized commerce ecosystem, Bridge Mutual and Boson will execute a BMI widget directly on Boson’s platform to help eliminate potential risks. This apt integration will confirm user protection on bosonprotocol.io by providing security for buyers, sellers, and third parties in individual transactions.
“Bridge Mutual will create a custom coverage solution specifically to cater to Boson’s dCommerce needs. This will create a unique opportunity for us to showcase how flexible the bridge mutual system and discretionary coverage models can be.”
— Mike Miglio, CEO of Bridge Mutual
Boson Protocol can be conceived as a commerce bridge between the Metaverse and the universe, which enables smart contracts to connect real world commerce using decentralized commerce infrastructure that everyone can trust and anyone can use.
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.
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