BBB Warns of AI Voice Scams as Graphite Network Offers Web3 Solution
The Better Business Bureau has issued an urgent alert about AI-powered phone scams exploiting voice cloning technology. Fraudsters impersonate loved ones or institutions with chilling accuracy, leveraging just seconds of audio scraped from social media. This erosion of trust in voice-based communication highlights systemic vulnerabilities in traditional telephony.
Globally, phone scams follow regional patterns—fake lottery claims in South Korea, bank impersonations across Europe, and increasingly sophisticated AI voice fraud in the U.S. The BBB warns these schemes now bypass traditional red flags through flawless vocal replication.
Graphite Network emerges with a blockchain-based countermeasure. Its LAYER 1 protocol integrates zero-knowledge KYC and trust scoring, proposing Web3 infrastructure to restore verifiable identity in communications. This development coincides with the launch of their Phonebook MVP, positioning decentralized solutions against rapidly evolving social engineering threats.