Ocean Protocol’s Partnership with Boson Protocol, a decentralized infrastructure for trading tokenized things HSV GTS Follow Feb 28 · 4 min read

Recently the Ocean Protocol Community held an AMA with Justin Banon with regards to dexFREIGHT and their partnership with Ocean Protocol.

Mr Banon was previously COO of dexFREIGHT and is still their strategic advisor working on their overall strategy, token and business model design pattern.

Mr Banon is currently CEO of Boson Protocol , a company building a planetary-level Web 3 product data marketplace on top of Ocean Protocol so it seemed fit to do a short review on Boson Protocol, hopefully in the near future the Ocean Protocol community can organise another AMA with Mr Banon in regards to Boson Protocol.

, so it seemed fit to do a short review on Boson Protocol, hopefully in the near future the Ocean Protocol community can organise another AMA with Mr Banon in regards to Boson Protocol. Boson Protocol was part of the Outlier Ventures startup accelerator, who are also working closely with Ocean Protocol and have invested.

Mr Banon designed the business model for dexFreight and Boson in alignment with their Web3 design pattern:

dexFreight coordinates logistics and monetises the data via ocean in an equitable way.

Boson coordinates physical asset exchanges and monetises the data via ocean in an equitable way.

A brief summary on who Boson Protocol are and what they do.

Below is a recent presentation on 27 February from the Boson Protocol Founders, Justin Banon and Gregor Borosa, Note Trent gets a mention right at the beginning

A web 3 black box component

No human intervention

Boson is an almost trustless protocol that enables smart contracts to exchange crypto assets for physical products and services without the need for intermediaries or arbitrators.

Fully automated

Boson Protocol programmatically handles refunds, expiry and complaints via a closed process governed by a breakthrough cryptoeconomic mechanism. This novel Bayesian game is incentive compatible with the objective function to maximise quality redemption transactions.

Reliable transactions

Boson Protocol provides practical atomicity between payment and delivery of physical items ensuring that both transactions happens together or not at all.

Feedback Data

Self-sovereign data marketplace.

Enbles smart contracts to swap digital value for physical things

Real world data

Data oracles: enable smart contracts to trust real world data.

Real World Assets

Boson protocol: enables smart contracts to easily exchange products services and their data.

Boson Protocol Solution Overview

Stateful NFTs

Stateful NFTs represent physical asset transactions.

Closed Process

Programmatically handles Refunds, expiry and complaints.

Cryptoeconomics

A novel Bayesian game with objective function to maximise quality transactions.

Incentivized data sharing

Within a self-sovereign Web3 data marketplace.

The Team

Justin Banon, CEO & Co-Founder

Gregor Borosa,Tech Co-Founder

Advisors

Dr Trent McConaghy

Founder, Ocean Protocol

Advisor, Investor

Dr Zeynep Gurguc

Imperial College London Cryptoeconomics Advisor

Marina Markezic

Legal & Governance Advisor

Dr Michael Zargham, Founder, Blockscience

Token Engineering Advisor

Anja Blaj

Legal & Governance Advisor

Jamie Burke

Founder, Outlier Ventures

Advisor, Investor

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