Boson Protocol (BSN)

Boson Protocol enables smart contracts to execute real world commerce transactions and input commerce data, reliably and autonomously.

Whitepaper

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Interest lvl

Medium

Updated: Apr 10, 2021

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User Rating

Medium

3/5 • 1 votes

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Ticker

BSN

Type

Utility-token

FoundedUnited Kingdom

Registration year2019

Launchpads

KuCoin Spotlight

What is Boson Protocol

We present Boson Protocol, decentralized infrastructure for enabling autonomous commercial exchanges on Ethereum.

Boson is a peer-to-peer system which replicates the benefits of a market intermediary, without the disbenefits of centralized systems- which abuse trust by extracting excess profits and hoarding data, and arbitrated decentralized systems- which add cost and friction. The protocol is a permissionless, generic mechanism for enabling the decentralized exchange of digital value for a non-fungible token voucher representing any product, service or thing. This, without centralized intermediaries and with minimized arbitration, trust and cost.

Boson implements a 2-sided deposit structure within a dynamic game, which automates the mediation of disputes and mitigates reversal losses, by ensuring that both agents have skin in the game. Commerce data is pooled and equitably monetized within a secure, privacy-preserving, shared data layer with ownership retained by the individual. The system is community-owned, public infrastructure, which is resistant to capture.