Imagine a bank for your cryptocurrency! A new company, BDIC, is creating insurance for digital money. This is like regular insurance, but for your Bitcoin or other digital coins. It protects your money if something bad happens, like a website getting hacked.
- BDIC will insure your cryptocurrency against theft or website problems.
- They'll use smart contracts (computer rules) to make paying claims faster.
- It will start in Asia (Hong Kong, Singapore, Japan, etc.) in 2025 and spread to more places.
- They'll even have their own special coin, called BDIC Coin, to help the system work.
Fact | Detail |
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Start Date | 2025 |
Locations | Asia (Hong Kong, Singapore, Japan, Taiwan, South Korea) |
Goal | Protect cryptocurrency wallets |