Tempo, a blockchain for stablecoin payments, said on Oct. 14 that payroll platform Deel is the first customer using its Zones privacy system in production, keeping contractor balances and payout history out of public view.
According to Tempo’s Deel case study, the payroll company’s treasury deposit into its Zone remains visible on the public network. Which contractors receive payments, how much each receives and what they hold are private. Contractors see their own balances, while Deel retains access for reconciliation and audit.
The rollout adds privacy to an existing wallet that expanded to eligible contractors in more than 80 countries in August. Tempo says the integration leaves Deel’s existing customer wallets and treasury infrastructure unchanged, with embedded-wallet provider Privy supporting Zones through its APIs.
thedefiant.io