Graphite Network’s Bank Integration Demo Answers Powell’s Call for a Fresh Look at Debanking
Fed Chairman Jerome Powell’s wordsAs mentioned a few days ago, the industry is responding:
“My colleagues and I are shocked by the increasing number of cases and we are determined to take a look again.”
His remarks suggest that renewed efforts to reassess restrictive banking policies are unfair to crypto companies. The problem with the revocation is that if traditional financial institutions have not yet completely ruled out crypto-related businesses, they must cut ties, one of the deepest issues in the industry in the past five years.
Powell clarified that the Fed did not intentionally cooperate with banks with digital asset companies, but he also acknowledged that regulations that existed before Trump’s second term led to adverse obstacles.
However, President Donald Trump campaigned on a pro-Claputo stance, and a month after his return to the White House, conversations around policies that included revocations, including revocations, are booming. Within just a few weeks after taking office, the Trump administration has begun to revoke previous anti-Criputo banking measures, opening the door to traditional financial institutions to integrate digital assets more seamlessly.
The SEC is reconsidering previous rules that prohibit banks from holding Bitcoin and other digital assets on their balance sheets. this FDIC This has made it difficult for banks to serve cryptocurrency businesses under pressure to modify guidelines, and Trump has launched Trute.fi, Firp Trump Media’s finance division, providing ETFs, crypto investment products and “Patriot Economy” assets . Even Wall Street Titans Acknowledging There is an increasing need to embrace digital assets.
Just as politicians debate regulations, the process could take years, and graphite networks are already building infrastructure banks that need to make secure and reliable crypto banks a reality. Through it Bank Integration DemoGraphite Network is providing financial institutions with what they need to connect to Web3.
Marko Ratkovic, CTO of Graphite Network, highlights:
“Powell’s remarks confirm what we’ve known for years – what continues to be the main obstacle for crypto companies. But the bigger problem is that banks lack the infrastructure to participate safely and effectively in digital assets. Graphite networks are developing seamless blocks by developing seamless blocks Chain to bank integration requires a reputation-based financial architecture to solve this problem.”
As traditional banks often slow down, even disapproving the evolving trends and regulations, the banking integration demonstration of Graphite Networks provides much-needed alternatives. It aims to help banks integrate crypto services in a compliant and risky way, and this is:
- Enable banks to securely encrypt their business without violating regulatory guidelines,
- Establish strategic partnerships with banks and financial institutions to accelerate adoption,
- Prove how blockchain can make banking practices faster, smarter and more efficient
- Promote blockchain-based settlements, reduce transaction costs and processing time,
- Implementing a privacy-protected KYC reputation system ensures that institutions can distinguish legitimate business from dark numbers while also meeting the needs of privacy-conscious blockchain users.
By providing all of this, the graphite network aims to put banks at the forefront of the digital asset economy rather than letting them catch up.
How Graphite Networks Help Resolve Undo Issues
Without seamless integration of traditional finance (TradFi), the masses would not have adopted Web3. The graphite network drives this shift by providing banks with compatible infrastructure, and these features may also be helpful in addressing the withdrawal crisis:
1. Reputation score
A major challenge in the crypto industry is determining which businesses can be trusted. History shows that even well-known figures like FTX are not necessarily the safest. Traditional banks work hard to evaluate cryptocurrency companies, which often default rather than correctly assess risk.
The Graphite network uses its “one user, one account” policy (needs new users to activate their account, by paying a small fee in the native tokens of @G, Graphite Network), trust scores and transparent evaluations.
Combined with the trust scoring reputation system of the Graphite Network (taking into account factors such as account age, KYC level, transaction history, etc.), financial institutions can check the chain reputation scores of each user and enterprise to ensure they comply with anti-money laundering (AML) Regulations, while reducing interactions with duplicate accounts, fraud exposure and other risks.
2. Privacy-centric KYC
Traditional KYC processes in banking often require customers to hand over large amounts of personal data, which banks then use for marketing rather than security. At the same time, bad actors can still find loopholes in manipulating the system.
Graphite Network’s approach introduces KYC verification based on ZK-PROFFARE, allowing banks to verify users’ personal information without exposing sensitive data. Currently, details such as age can be verified through social media verification and graphite networks will be expanded to more methods in the future to help institutions comply with regulations without over-gathering personal information.
Additionally, younger generations want privacy and better technology, and Graphite Network’s KYC can help banks meet these expectations.
3. Intelligent risk management
Graphite Network is also developing tagged addresses, which will enable banks and regulators to see exactly how funds are used. This feature will help financial institutions differentiate between legal transactions (such as donations, wages, business expenses) and suspicious activities (such as gambling, illegal transfers). Smart contracts will be able to block transactions from tagged addresses, adding another layer of security and accountability to crypto banks.
4. Reputation-based banking
Graphite Network helps banks provide better, more personalized banking services by using their clients’ financial history. Banks can use smart contracts to reward trusted customers (such as providing higher savings rates to people with stable income or a long history with the bank). This makes banking more fair and flexible while still following the rules and ensuring everything is safe.
With Trump’s pro-number stance and Powell’s recognition of the revocation of the issue, obstacles to cryptocurrency banking are rapidly disappearing. But the shift from Washington’s regulation is not enough, and banks need infrastructure to securely integrate cryptocurrencies. The Graphite network is offering the solution, bridging Tradfi and Defi to shape the future of banks.
