Tempo launches Zones, a privacy solution that supports permissioned parallel blockchain operation.

PANews reported on April 17th that Tempo, a Layer 1 blockchain jointly developed by Stripe and Paradigm, has launched a privacy feature called Zones. This is a solution for running a permissioned parallel blockchain, designed for enterprise-level use cases requiring higher confidentiality, such as payroll, fund management, and payment settlement. As a parallel blockchain connected to the Tempo mainnet, Zones provide a private execution environment where internal transactions remain private, but assets and funds are fully interoperable with Tempo L1, other Zones, deposit channels, and liquidity pools. Each Zone is managed by a trusted entity such as a financial institution or infrastructure provider. Operators can view all activities within their environment and implement access controls, but do not control the underlying assets. Tempo stated that the Zones infrastructure is currently being built with a small group of design partners.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Flow Capital puts $150 million in private credit funds on the blockchain
PANews Newsflash