Stripe-Backed Blockchain Tempo Goes Live with AI-Powered Payment System

Tempo, the payments-focused blockchain developed by Stripe and Paradigm, has launched its mainnet. The network is designed to process large numbers of transactions quickly and at low cost.

The launch follows a public testnet that began in December, when companies including Mastercard, UBS, Klarna and Visa started experimenting with sending payments on the network.

Alongside the mainnet launch, Tempo introduced the Machine Payments Protocol, a system co-developed with Stripe that lets software programs make payments on their own. This allows applications or artificial intelligence (AI) tools to pay for services such as data or computing power without human approval at each step.