Cryptocurrency Company Space and Time Labs (SXT) Announces Major Partnership with Microsoft
On May 20, cryptocurrency company Space and Time Labs (SXT) announced via the X platform that it has reached a significant partnership with Microsoft. This collaboration will integrate its blockchain data technology into Microsoft’s Microsoft Fabric analytics platform, providing real-time, verifiable blockchain data feeds.
(Background: Space and Time mainnet launched, empowering a new generation of data-driven cryptocurrency applications)
(Context: Microsoft shareholders pressure: If you don’t invest in Bitcoin, beware of possible lawsuits if prices rise later!)
Real-Time Data Provisioning for Bitcoin, Sui, and Ethereum
According to the press release, Space and Time Labs will provide Microsoft Fabric users on the Azure OneLake platform with “real-time, verifiable” data feeds for Bitcoin, Sui, and Ethereum. Through this integration, Microsoft developers will be able to access cryptocurrency data more easily without complex data processing workflows.
Commenting on this, Space and Time co-founder and CEO Nate Holiday stated in an interview: “This is a direct integration and product offering for Fabric; it’s a brand new combination product aimed at the masses.” He emphasized that this collaboration allows Fabric users to access blockchain data for free, enabling efficient data applications through the integrated data suite provided by Space and Time.
Simultaneously, Microsoft Fabric’s Chief Product Manager Sruly Taber noted in a statement:
“By integrating with Space and Time, we not only expand our ability to provide reliable data to developers and enterprises but also align with our mission of democratizing technology across diverse sectors like Web3. This integration highlights our commitment to providing tools that enhance productivity and drive global innovation.”
Additionally, Holiday added that the potential target customers for this collaboration include large banks and financial institutions. “Now, all users of Fabric can access blockchain data for free through the data suite provided by Space and Time, as well as through Microsoft’s offering to their customers.” Finally, he revealed that this integration does not involve any fee transactions between the two parties, meaning it does not serve as a revenue source or expenditure for SXT.
What is Space and Time Labs?
Space and Time Labs is a Web3-native data warehouse company headquartered in Newport Beach, California, focusing on the integration of blockchain and artificial intelligence (AI). Its core technology, “Proof of SQL,” utilizes zero-knowledge proofs (ZK Proofs) and claims to offer sub-second data querying and verification services, supporting seamless connections between smart contracts and on-chain/off-chain data.
Currently, Space and Time Labs has not launched its own cryptocurrency, but its mainnet (SXT Chain) has officially gone live, focusing on providing free blockchain data indexing and SQL query services. Notably, the company has also received investments from Microsoft and Framework Ventures, accumulating a total funding of $50 million.
What is Microsoft Fabric?
According to official descriptions, Microsoft Fabric is an enterprise-ready end-to-end analytics platform. It unifies data movement, data processing, extraction, transformation, real-time event routing, and report building. It supports these functionalities with integrated services such as data engineering, Data Factory, data science, real-time intelligence, data warehousing, and databases.
The mesh architecture provides a smooth and user-friendly SaaS experience. It integrates individual components into a unified stack. It uses OneLake to centrally store data and embeds AI capabilities without the need for manual integration. With Fabric, you can efficiently transform raw data into actionable insights.
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