GRAFT Blockchain Project

GRAFT is short for Global Real-time Authorizations and Fund Transfers, but also represents grafting of the new into the old.

GRAFT Blockchain is built on the idea that the payment industry can benefit tremendously from the democratization brought forward by the blockchain technology, but only when the right technologies are chosen and combined with the accepted industry workflows and systems.

When done correctly, this transition to blockchain-based payments will lead to radically improved credit/debit payment system through the combination of lower transaction fees, tight privacy controls, low rates on credit balances, and connected extra services.

GRAFT Blockchain is a socially responsible organization, introduces a decentralized, real-time payment processor and services platform into the global market covering a wide variety of credit and debit payment use cases.

GRAFT software that is not subjecto to shared intellectual property (IP) or under an NDA is under an open source license. GRAFT Foundation is a non-for-profit entity, and we intend to operate as such unless we’re forced to change status by the governing laws of the land.


We believe a Blockchain like GRAFT can have a far reaching social and economic impact, removing friction from the systems and enabling new use cases. To provide a few examples:
  • Many new merchants (especially small businesses) able to offer electronic payments
  • Underbanked consumers able to get a credit facility and pay electronically
  • Consumers able to save on variety of fees such as international transaction fees
  • Businesses that conventional banks won’t underwrite able to offer credit and electronic payments
  • Consumers benefitting from significantly lower credit card borrowing costs resulting from peer lending

Core Set of Principles for GRAFT


GRAFT Payment Network is based on the main idea behind the blockchain – decentralization. Decentralization evens out the playing field and allows small actors to carry out functions that are typically entrusted to a single entity. Decentralized arhitecture is very nimble, conforming to local cultures, rules, and regulations. “Trust-less” approach protects against manipulations without requiring a central authority. Finally, decentralization gets away with the single point of failure, a single target that a centralized service is, making it vulnerable to hacking, political pressures, and corruption.

Transaction Privacy and Untraceability as the Basis for Payment Blockchain

We believe that complete transaction privacy and untraceability should be at the basis of the payment blockchain. The private network then implements facilities that allow both parties to select the levels of disclosures that are appropriate for any given transaction ​

PoW / PoS / PoI working together

We believe that proof-of-work, proof-of-stake, and proof-of-id each have their place in an application specific blockchain implementation like payments. We believe in implementing and using all these various approaches gradually and selectively to accomplish the ultimate security of the network as well as speed and reliability of the transactions. ​

Open Platform for Service Brokers

It is difficult to completely automate or/and decentralize some services such as identity verification, credit card processing, or instant currency exchange. While some core features such as real time authorization and untraceability are provided and implemented by the network itself, many important services will be delivered by third party service brokers. It is difficult to completely automate or/and decentralize some services such as identity verification, credit card processing, or instant currency exchange. ​

Specialized Blockchains

Complex systems are not stable. We believe in specialization of blockchains vs having bloated one-size-fits all approach that other smart contract based blockchains implement. We will add smart contract features that are relevant to the application, with an eye towards integrity and reliability of the network


We intend to keep the core organization as small as possible (in the order of 15-20 people), mostly engineers. GRAFT Foundation team will not be engaging in the build-out of the network or any other administrative controls of the network. Our part is software design – we leave the commercial efforts to other parties who want to become part of the network.

While it will be core organization’s mission to build the software that will power GRAFT Network, it will be up to the eco-system of partners who will enable the commercial success of the project. We anticipate both function specific involvement from individuals and/or firms dealing with the specific aspect of the solution, to regional organizations who will act as market oracles in observance with local regulations, needs, and customs


Current Engineering Roadmap

* The roadmap is subject to frequent updates and adjustments reflecting technology, market, and environment challenges and opportunities, and should serve as rough guide only.

Graft Coin Distribution

* – We don’t know exactly what it’s going to take to bring an ambitious project like GRAFT to its full potential. Currency fluctuations, regulatory issues, taxation, market development costs – are anything but certain. As such we retain a significant portion of the coin in the reserves to be used over the years as needed by the project team in order to accomplish projects ambitious goals of becoming a unified payment network of tomorrow. In the spirit of transparency, we’re making the wallet visible to community. Wallet| View key


15 Years in Payment Industry. NCR and HP. Renowned Payments and Security Expert and Full Stack Technologist. Author of the Books Hacking Point of Sale and Bitcoin for Nonmathematicians. CISSP.
Lead cutting edge R&D for Intel and Cisco Systems. Built and brought to market over a dozen of products in Servers, VoIP, Video Compression, Digital Signage, Computer Vision, and AI. Recognized Technology and Product Manager. Founder of BIOMIO – frictionless IDM. MsETM, CISSP.
Growth-hacker with 16+ YOE in advertising and digital marketing in the US, Europe and Southeastern Asia.
Business Development
Serial Entrepreneur. Lead BD & sales at 4 technology businesses from birth to $50+MM in revenue. Multiple M&A transactions. C-level and GM roles at $100+MM companies.
Development Team Leader
Principal Engineer, Sonicwall and Dell. PhD in Mathematics and Computer Science. Engineering manager with over 20 years of experience.
PhD in Computer science, Vitalius is a highly sought after expert in Machine Learning, Image Recognition, and Blockchain algorithms.
Expert in C++/Qt cross-platform development with experience in cryptocurrencies and blockchain. Previously Monero developer.
With extensive Dev ops experience from some of the largest US and international banks, Ben is in charge of all things mining at Graft
Engineering Management
Engineering team lead with dozens of completed projects under his belt.
Integrations Lead
Seasoned software architect and go-to engineering lead, gets things done in elegant, flexible, and reliable code
C++ developer with 20+ years of experience. He participated in many kinds of projects such as commercial, industrial, and scientific for different operating systems and with cross-platform design.
QA Lead
Experienced QA leader and effective “cat hoarder”
Network developer
Lover of asinc I/O and network programming for exotic platforms, and also math puzzles
Project Manager
Over 10 years of experience in the information technology industry with expertise managing large, complex multi-use development projects. Working in different business sectors, Fedor has a vast understanding of software development processes

Legal and Strategy Partners

Courtney R. Perrin
John S. Wagster


Yulia Kadulin
COO, UkrSibbank BNP Paribas Group
Oleg Buzinover
CFO, SmartRg
Jason Gershenson
Attorney at Law, Speaker
Mitchell Cobrin
AnywhereCommerce global mPOS and omnichannel payment platform, Co-Founder