How to connect the regulated blockchain with a bank

Why Defi grows rapidly

The Defi platform runs in a smart contract. These are programs for blockchains that automate financial services. They eliminate human control or the need for custody. The user directly interacts with these programs, gaining transactions, yields, or borrowing.

In Nigeria, Defi is growing rapidly. Users are switching to Defi to better access financial tools. Many people in this country are alienated by banks. Defi provides an alternative. Only in 2023, the Nigerians received more than $ 30 billion through the Defi platform.

What Defi provides is:

Nigeria’s changing regulatory environment

Nigeria Central Bank banned banks in 2021 to cooperate with cryptocurrency companies. But in December 2023, the decision was canceled. This made the change of thinking significantly.

In 2024, the Nigerian SEC started ARIP, a fast track registration program for cryptographic companies. By 2025, the country officially recognized digital assets as securities. This step shows it regulation It is holding up with technology.

But the bank still does not pay attention. They want a clearer guideline. They also want to be convinced that all the defect systems they adopt are safe, legitimate and transparent.

“Regulating” blockchain

The regulated blockchain is open and different from an anonymous blockchain. Includes built -in rules and controls. They help to guarantee safety and compliance. In addition, banks can trust and use the system more easily.

The adjusted blockchain has four layers.

This setting helps to create a safe environment for users and banks. Real -time audit and continuous supervision of regulators are allowed.

Real example: John’s role

John is one of the main companies of the Nigerian building regulatory block chain system. In 2022, it was approved by the payment switch. In 2024 it had a partner relationship with THE. Nigeria Bank Settlement System (Nibss). This allowed you to start the Point-of-Sale (POS) system based on the blockchain.

Today, zones will help to deal with ATM transactions for more than 12 banks. We also have a new blockchain service that follows all regulatory standards.

This model shows how Defi and Banking can cooperate safely.

The bank slowly accepts the change

Traditional banks began to pay attention. They see how fast Fintech is growing. Many people want to explore before leaving a blockchain.

John expects a strong growth of one year in 2025. More banks can join regulations through the government’s sponsorship and clear rules. Defect.

The Nigerian government is also supporting change. In May 2025, Communications and the Ministry of Digital Economics began to study the national blockchain policy. This is based on the initial strategy for guiding the adoption of a safe blockchain.

Learning from global trends

Nigeria is not alone. Globally, the state is exploring how the blockchain applies to finance.

• USA: JP Morgan has created its own blockchain platform.
• Singapore And Canada: Central Banks is testing a blockchain for bank payments.
• SwissClear guidelines support the financial blockchain.
• South AfricaABSA BANK has launched a blockchain border between the border.

This example shows that banks and blockchains can work together when the system is well regulated.

The regulated blockchain can be a missing piece that connects Defi to traditional banking. It binds the innovation of distributed and the trust of regulations. This helps banks to maintain competitiveness and access better financial services. Nigeria and other countries can build a safer and more comprehensive financial future through the right rules and technology.