ME News reports that on September 4 (UTC+8), zero-knowledge proof computation platform Primus Labs partnered with the self-custody stablecoin neobank AllScale. AllScale has already deployed the Private Payroll feature on the BNB Chain testnet, enabling salary amounts to remain encrypted while still allowing verifiable settlement. Primus stated that the collaboration will layer privacy onto existing financial infrastructure, allowing institutions and privacy-conscious individuals to access confidential on-chain financial services without building separate systems. (Source: Foresight News)
Primus and AllScale Partner to Test Encrypted Payroll on BNB Chain
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Summary
On-chain news from MetaEra reveals that Primus Labs, a zero-knowledge proof platform, has partnered with AllScale, a self-custodial stablecoin bank, to test the Private Payroll feature on BNB Chain. The feature enables salaries to remain encrypted while permitting verifiable settlements. Primus stated that the collaboration aims to introduce confidentiality into existing financial systems, allowing institutions and privacy-focused users to access private on-chain financial services without requiring a new infrastructure. Crypto news outlets are highlighting this development as a step toward more secure and private payroll solutions.
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