Ava Labs and NEC Sign MOU to Explore One‑Step Identity and Stablecoin Settlement

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Ava Labs and NEC Corporation signed a memorandum of understanding to explore on-chain services with biometric verification on the Avalanche network. The technical white paper proposes a two-layer architecture that settles stablecoin payments while verifying user identity without storing biometric data on-chain. The initial use case targets tourist payments in Japan, which welcomed 42.

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Telemac
Telemachttp://cryptoinfo.ch
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