Layer 1 project Tempo, backed by Stripe and Paradigm, has launched a feature called Zones. It provides private execution environments through permissioned parallel blockchains interconnected with the mainnet, targeting institutional use cases like payroll, fund management, and settlement. Each Zone is operated by designated institutions, responsible for transaction processing and access control. Transactions within a Zone are private by default, while assets can still flow between the mainnet and different Zones. Operators do not control the underlying assets, and off-chain visibility is limited to cryptographic proofs for validity verification. (The Block) https://(wublock123.com)/news/tempo-zones-institutional-private-execution-mainnet-interoperability-59669