Filecoin provides tamper-evident and permanent storage for documents such as Know Your Customer (KYC) records and transaction histories, allowing Avalanche to avoid data congestion while maintaining accessibility and verifiability.
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Filecoin enables immutable storage of Know Your Customer (KYC) records, transaction logs, and audit trails, meeting long-term retention and regulatory requirements without bloating Avalanche’s Layer 1 or C-Chain.
Filecoin will provide a strong solution by enabling the permanent and tamper-evident storage of crucial documents like KYC and transaction history which will help Avalanche’s network to keep itself clear of data congestion without sacrificing accessibility or verifiability.
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