Tempo Launches Zones Privacy System in Production With Deel

WHY IT MATTERS

When companies pay employees or contractors in other countries, a lot of sensitive financial data gets shared across borders. A privacy system like Zones aims to protect that data while still allowing the payments to go through — similar to how an envelope keeps the contents of a letter private while still allowing it to be delivered. For people new to crypto and blockchain, this is an example of how privacy-preserving technology developed in the crypto space can be applied to everyday business operations like payroll. The involvement of Deel, a major payroll company, suggests that traditional businesses are beginning to adopt tools originally associated with blockchain and cryptocurrency for practical, real-world uses.