Tempo, a leading blockchain infrastructure provider, has made a notable stride in its quest for institutional adoption by partnering with Visa, Stripe, and Zodia Custody as validators on its network.
The partnership, which brings together traditional payment networks and blockchain technology, is expected to enhance the scalability and security of Tempo's platform. This move is seen as a significant step towards mainstreaming blockchain technology in financial institutions.
Visa, with its extensive global infrastructure expertise, will support transaction validation on Tempo's network, while Stripe will contribute directly to validation and transaction sequencing. Zodia Custody, backed by Standard Chartered, will bring compliance expertise and custody infrastructure to the partnership.
The involvement of these prominent players is expected to strengthen trust in institutional blockchain operations and pave the way for broader adoption of blockchain technology in traditional finance.