NEC and Ava Labs propose FaceVC-verified stablecoin payments on Avalanche without storing biometric data onchain
avax.network •
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Promote with Leviathan NewsNEC and Ava Labs signed an MOU and published a whitepaper for a two-layer system combining NEC’s FaceVC with Avalanche for one-step identity verification and stablecoin settlement. Biometric data stays in the user’s wallet, while a permissioned Avalanche L1 handles credential registries, SETTL processes private payments, and C-Chain handles rewards; the system remains a proposed architecture, not a launched product or proof of concept.
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