Fried on Business

Making Crypto Safer The Future of Blockchain Protection

JimFried Episode 871

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0:00 | 19:53

As blockchain technology and digital assets continue to evolve, one challenge remains central to broader adoption: trust. In this episode of Fried On Business, Jim Fried sits down with Jeffrey Glusman, CEO of the Blockchain Deposit Insurance Corporation (BDIC), to discuss how insurance and risk management could help create a safer foundation for the future of crypto.

Jeffrey explains why many investors and institutions remain cautious about digital assets despite the growth of the industry. Volatility, security breaches, exchange failures, and regulatory uncertainty have created concerns around stability and protection. BDIC was created to address those concerns by exploring ways to provide insurance-oriented solutions tailored to blockchain environments.

The conversation dives into the role trust plays in financial systems. Traditional banking and investment structures rely heavily on confidence, transparency, and safeguards. Jeffrey discusses how blockchain technologies may require similar protective frameworks in order to achieve broader mainstream acceptance. Jim and Jeffrey explore how insurance concepts can potentially reduce perceived risk while improving confidence among investors and users.

Listeners will also hear about the challenges involved in building products for an emerging sector. Blockchain moves quickly, regulation continues to evolve, and innovation often outpaces traditional systems. Jeffrey shares his perspective on balancing innovation with responsibility and why collaboration between technology, finance, and risk management will be critical moving forward.

This episode offers a grounded discussion about the intersection of blockchain and financial protection—not hype, but practical infrastructure. Whether you’re active in crypto, curious about digital finance, or simply interested in how emerging industries mature, this conversation provides insight into the systems needed to support long-term growth.

If trust is the currency behind every financial system, this episode explores how blockchain may be building the tools to earn it.

This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.

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Jim Fried has been a real estate business person since 1980 and has had his own radio show since 2009.

Mr. Fried specializes in capitalizing commercial real estate transactions, unearthing urban land opportunities and is also a private lender.

He has been active in the real estate industry for many years as a financial intermediary, broker and investor. He has experience with many property types including, but not limited to: apartments, condominiums, retail centers, office buildings, industrial parks and health care – with a special focus on memory care.

Jim has closed over $3BB in real estate transactions during his career in markets across the eastern US.

Jim uses his communication skills to inform and entertain on his weekly podcast show – Fried on Business. Of course, the show discusses real estate, but he also tackles issues such as branding, sports business, philanthropy, entrepreneurship, public private partnerships as well as health and wellness.

He is also a mentor to many up and coming people in the real estate industry through his membership on the Board of The University of Florida’s Bergstrom Center for Real Estate Studies.

Mr. Fried is a winner of the Miami-Dade Public School Alumni Achievement Award.

Contact Jim via email at jim@friedonbusiness.com