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Layer1 project Tempo launches permissioned parallel blockchain features Zones
ME News Report, April 17 (UTC+8), Layer1 project Tempo supported by Stripe and Paradigm launched a feature called Zones, which provides private execution environments through permissioned parallel blockchains connected to the mainnet, targeting institutional scenarios such as payroll, fund management, and settlement. Each Zone is operated by a designated organization responsible for transaction processing and access control, with transactions within the zone defaulting to private. At the same time, assets can still flow between the mainnet and different Zones, with operators not controlling the underlying assets, and only cryptographic proofs used to verify validity are visible off-chain. (Source: MLion)