Ledger Vault to secure Boson Protocol’s native token – BOSON
Ledger, a security infrastructure provider for digital assets and blockchain applications, today announced a partnership with Boson Protocol (Boson), a dCommerce ecosystem using NFTs encoded with game theory, to safeguard its store of digital assets raised during its private and public investment rounds.
As part of the partnership, Ledger will extend storage support for Boson Protocol’s native token – BOSON – on Ledger’s institutional product, Ledger Vault, and retail hardware wallets, Ledger Nano X and S.
The Ledger technology infrastructure makes it possible for Boson Protocol to secure the digital assets it holds in custody with the benefit of instant access to funds and full independence from cold storage that typically constraints speed, flexibility, and governance.
Boson Protocol aims to create a decentralized commerce ecosystem and enable the autonomous exchange of digital value for physical products and services, minimizing arbitration, cost, and trust.
In search of a custody partner, Boson had a number of key requirements, including scalability, flexibility, and a proven track record of offering best-in-class security. Ledger’s offering met all of these requirements and Boson opted to enlist Ledger’s services to secure its assets and plan for future growth.
“Our aim is for Boson Protocol to become the foundational infrastructure that powers the decentralized commerce revolution. This ambitious goal cannot be achieved without the use of technology that ensures the utmost levels of security, which is why we have partnered with Ledger. Ledger has a long history of trust in the crypto community, and we look forward to working with them as we continue our efforts to make decentralized commerce a reality.”
– Justin Banon, CEO, and Co-Founder of Boson Protocol