#### What is Bifrost (BFC)? Bifrost (BFC) is a multichain middleware platform that empowers developers to create [Decentralized Applications](https://help.coinbase.com/en/wallet/other-topics/what-is-a-dapp) ([DApps](https://www.coinbase.com/learn/wallet/guide-to-dapps)) on multiple protocols. It's not confined to a single [blockchain](https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain), Bifrost creates an environment where developers can combine the best protocols to develop more scalable and flexible DApps. Bifrost (BFC) aims to maximize the potential of blockchain technology by providing superior flexibility that allows users to select and combine blockchains. It operates with multiple blockchains without any additional abstraction layers, so you can use the features of each blockchain directly. BFC (Bifrost token) is the currency of Bifrost’s multichain ecosystem. Developers pay BFC for using the multichain middleware to develop and operate their DApps. #### How does Bifrost (BFC) work? Bifrost (BFC) works by enabling developers to write [smart contracts](https://www.coinbase.com/learn/crypto-basics/what-is-a-smart-contract) for multiple blockchain protocols in a unified environment. They simply select the target blockchain for each part of the code, then Bifrost will transpile, compile, and deploy the code into the target blockchains at once. Developers can also easily operate their DApps and even switch the target blockchain as new and better protocols become available. Bifrost has multiple components that allow for a seamless connection among all blockchains. These components include Recipe, a language application that defines the programming language of Bifrost and generates smart contract codes with guaranteed code-level flexibility, and Linker, a system that connects the user and Bifrost components, ensuring the seamless operation on top of multiple blockchains. #### What are the potential use cases for Bifrost (BFC)? Bifrost (BFC) has a wide range of potential use cases, particularly in the realm of Decentralized Applications (DApps). Developers pay BFC for using the multichain middleware to develop and operate their DApps, minimizing the cost of [gas](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/gas-fee) fees when using multiple blockchain protocols than when using one blockchain. The first DApp to be powered by Bifrost is the multichain [DeFi](https://www.coinbase.com/learn/crypto-basics/what-is-defi) platform, BiFi. Using Bifrost’s multichain technology, BiFi can connect directly to multiple blockchains like [Bitcoin](https://www.coinbase.com/learn/crypto-basics/what-is-bitcoin), Tron, and Klaytn, thereby expanding the DeFi ecosystem currently limited to [Ethereum](https://www.coinbase.com/learn/crypto-basics/what-is-ethereum). As the blockchain industry grows, the value of interoperable blockchain service grows. On Bifrost, you can build services with countless possibilities for combinations and interoperability, from the start. #### What is the history of Bifrost (BFC)? Bifrost (BFC) was created by PiLab, a research-oriented software provider, which was started by two professors in 2016 to develop blockchain applications to solve social issues and business problems. They saw the potential and limitations of blockchain technologies and created Bifrost, a technology platform that allows developers to easily build on multiple blockchains that truly enables multichain technologies. The CEO and co-founder of Bifrost, Dohyun Pak, has developed and managed complex derivative products for financial institutions in the U.S. and Korea for over a decade. He received his PhD in financial engineering at the University of Michigan, Ann Arbor. Today, Bifrost is a team of 30 with deep and extensive experience in finance and computer science, from quantitative trading and fintech development, to hacking and network security. Their advisors are from leading blockchain and technology organizations.