Tempo Launches Zones Privacy System in Production, Deel Becomes First Client

According to Golden Finance, on October 15, stablecoin payment blockchain Tempo announced on October 14 that payroll platform Deel has become the first client to use its Zones privacy system in a production environment. Contractor balances and payment histories will no longer be publicly accessible. According to a case study published by Tempo on Deel, funds deposited by Deel's treasury department into its Zone remain visible on the public network, but details such as which contractors received payments, how much they received, and what assets they hold are kept private. Contractors can view their own balances, while Deel retains access for reconciliation and auditing purposes. Each Zone maintains a private ledger, which is connected to the Tempo public network via a portal holding collateral assets. According to Tempo's privacy documentation, operators can read this ledger, while deposits and withdrawals leave records on the public network, including token amounts and public network addresses. Operators can also restrict the participants and assets supported by the Zone and apply transfer policies set by token issuers. Tempo demonstrated an example of private accounts using public financial products: accounts deposit into a Zone, access public Earn products, and then bring the positions back into the Zone, keeping balances and holdings private. This launch adds privacy features to Deel's existing wallet, which has been available to eligible contractors in over 80 countries since August. Tempo stated that this integration does not alter Deel's existing client wallet and treasury infrastructure. Embedded wallet service provider Privy supports Zones through its API.