NEC and Ava Labs Sign MOU on Biometric Identity and Stablecoin Payments on Avalanche

AVAX0.02%
According to Foresight News, NEC (Nippon Electric Company) and Ava Labs have signed a memorandum of understanding (MOU) to explore combining NEC's biometric digital identity technology with Avalanche's multichain infrastructure. The two parties released a technical white paper proposing an identity-verified stablecoin payment architecture where biometric data remains off-chain, with only verification proofs submitted on-chain.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments