Verida, a web3 data protocol, has collaborated with MAPay, a global healthcare Fintech firm, to develop a decentralized health tech network in Bermuda utilizing the Algorand Blockchain platform. Reportedly, Verida aims to complement MAPay technology and offer connectivity to Algorand as the preferred blockchain for smart contracts and stablecoin payments. In addition, MAPay’s platform will be utilizing the decentralized identity, messaging, and storage capabilities of Verida’s framework.