Space and Time Integrates Blockchain Data with Microsoft Fabric for Enterprise Innovation

In a significant advancement for blockchain integration within enterprise environments, Space and Time (SXT) Labs has announced the integration of its blockchain data services with Microsoft Fabric. This collaboration provides developers with real-time, verifiable blockchain data from Bitcoin, Sui, and Ethereum, accessible directly within Microsoft Azure OneLake.

Bridging Blockchain and Enterprise Data​

Space and Time specializes in indexing popular blockchains and verifying the data using zero-knowledge (ZK) proofs. This process ensures that the data is both accurate and tamper-proof, making it suitable for enterprise applications. By integrating with Microsoft Fabric, SXT offers developers a streamlined method to access and query blockchain data for application development and analytics.
The integration simplifies blockchain data access across the Fabric ecosystem, providing a trusted and efficient solution for enterprises to leverage insights around on-chain activity directly within their applications. Microsoft developers can now access SXT’s indexed data through Fabric, enhancing the capabilities of their applications with real-time blockchain information.

Strategic Collaboration and Investment​

This integration marks a deepening of the collaboration between Space and Time and Microsoft. In August 2024, Microsoft’s venture capital fund, M12, participated in a $20 million Series A funding round for Space and Time, following its leadership in a strategic round in 2022. This financial backing underscores Microsoft's commitment to supporting innovative solutions that bridge blockchain technology with enterprise needs.
Nate Holiday, CEO of Space and Time Labs, expressed enthusiasm about the partnership:

“We’re thrilled to expand our collaboration with Microsoft to provide verifiable blockchain data to enterprises, institutions, and developers building on Fabric. This integration enables a wealth of new data-driven use cases across financial services, Web3 apps, and AI to be built on Microsoft technology.”

Sruly Taber, Principal Product Manager for Microsoft Fabric at Microsoft, highlighted the alignment of this integration with Microsoft's broader mission:

“By integrating with Microsoft Fabric, Space and Time not only expands our ability to serve developers and enterprises with reliable data but also aligns with our mission to democratize technology across diverse industries, including Web3. This integration underscores our commitment to providing tools that enhance productivity and drive innovation at a global scale.”

Technical Innovations: Proof of SQL​

A cornerstone of Space and Time's offering is its Proof of SQL technology. This sub-second ZK coprocessor enables smart contracts to process both on-chain and off-chain data at scale. By providing cryptographic proofs with every query, Proof of SQL ensures that data retrieved from the blockchain is verifiable and has not been tampered with. This innovation opens up a wealth of powerful new use cases for blockchain technology, particularly in sectors requiring high data integrity and security.

Implications for Enterprises and Developers​

The integration of Space and Time's blockchain data with Microsoft Fabric offers several key benefits:

• Enhanced Data Accessibility: Developers can seamlessly access real-time blockchain data within their existing Microsoft Azure environments, reducing the complexity and time required to integrate blockchain data into applications.
• Verifiable Data: The use of ZK proofs ensures that the blockchain data is accurate and tamper-proof, providing a high level of trust for enterprise applications.
• Expanded Use Cases: Enterprises can leverage blockchain data for a variety of applications, including financial services, Web3 applications, and AI models, fostering innovation and new business models.

Future Prospects​

The collaboration between Space and Time and Microsoft represents a significant step forward in making blockchain data more accessible and usable for enterprises. As blockchain technology continues to evolve, integrations like this will be crucial in bridging the gap between decentralized data and traditional enterprise systems.
By providing a trusted and efficient solution for accessing verifiable blockchain data, Space and Time and Microsoft are paving the way for a new era of data-driven applications that leverage the strengths of both blockchain and enterprise technologies.
For more information about Space and Time Labs and their integration with Microsoft Fabric, visit their official website.

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Source: The Defiant Space and Time Integrates Blockchain Data with Microsoft Fabric featuring Bitcoin, Sui, and Ethereum - "The Defiant"