We are thrilled to announce the launch of the Blockchain Deposit Insurance Corporation (BDIC), a pioneering venture dedicated to transforming cryptocurrency security. Our mission is to provide digital wallet insurance for select cryptocurrencies, ensuring enhanced security and trust in everyday financial transactions.
Headquartered in Bermuda, with affiliate offices planned in Switzerland, Hong Kong/Greater China, Canada, and South America, BDIC is strategically positioned to serve the global crypto community. In the coming months, we will pursue Lloyd’s of London coverholder status, enabling us to assess and underwrite complex cryptocurrency risks in collaboration with Lloyd’s syndicate members.
Our CEO, Jeffrey Glusman, highlighted the significance of this development:
“The traditional insurance industry is acknowledging the immense business opportunities in digital assets. Achieving Lloyd’s coverholder status will be a pivotal step in establishing a structured, reliable, and trusted insurance framework for the crypto market. BDIC is committed to ensuring financial security as global adoption of digital currencies accelerates.”
“The traditional insurance industry is acknowledging the immense business opportunities in digital assets. Achieving Lloyd’s coverholder status will be a pivotal step in establishing a structured, reliable, and trusted insurance framework for the crypto market. BDIC is committed to ensuring financial security as global adoption of digital currencies accelerates.”
We are also assembling a distinguished executive team and engaging third-party advisors to focus on the technical development of BDIC’s decentralized application (DApp), our go-to-market strategy, and building a community-driven ecosystem. By securing digital wallets, we aim to provide the missing component for widespread crypto adoption: safety. Trust and confidence in security are essential for cryptocurrency’s integration into daily life, and our team is ready to play a crucial role.
BDIC’s launch represents a significant step in bridging traditional insurance with the crypto economy. Our two-tier algorithmic approach and rigorous underwriting process position us as a market leader. With first-to-market advantages at the retail level and a strong commitment to transparency, BDIC is poised to set new industry standards, ensuring greater trust and stability for digital asset holders worldwide.
For more information, please visit our website: www.bdicinsurance.com
Stay connected with us on social media:
- Instagram: https://www.instagram.com/bdicinsurance/
- Telegram: https://t.me/+chOE3jJPG40wMzkx
- Twitter/X: https://x.com/bdicinsurance
We look forward to building a safer and more secure future for cryptocurrency users worldwide.