Microsoft's Fabric blockchain platform now connects with Space and Time, allowing for easy access to data.
Microsoft's venture capital division, M12, has taken a significant step in the blockchain space by leading a strategic funding round for Space and Time Labs in 2022, contributing to the company's $20 million Series A. This investment marks the beginning of a partnership aimed at making verified and real-time blockchain data accessible to developers within the Microsoft environment.
The partnership between Space and Time Labs and Microsoft Fabric is a natural extension of an existing relationship between the two firms. Space and Time Labs, known for its cryptographic approach to blockchain data, has partnered with Microsoft Fabric to integrate its decentralized platform, Space and Time (SxT).
SxT indexes blockchain networks and verifies the data through zero-knowledge (ZK) proofs, ensuring both accuracy and security. This collaboration could serve as a foundational step in the evolution of secure, data-driven development in the Web3 space.
The integration of SxT into Microsoft Fabric will allow developers on Fabric to access blockchain data from leading networks such as Bitcoin, Ethereum, and Sui. As a result, the access to blockchain data is now available to the full developer community using Microsoft Fabric.
The integration is anticipated to spark a variety of new use cases, ranging from financial analytics and artificial intelligence to the development of complex Web3 applications. By streamlining access to on-chain data and ensuring it is tamper-proof and real-time, SxT is expected to accelerate innovation and trust across industries.
Executives from Space and Time Labs expect the integration to drive broader adoption of decentralized technologies. The collaboration between Space and Time and Microsoft Fabric aligns with Microsoft's objective of equipping developers with tools that enhance productivity and enable innovation.
The collaboration underscores a shift toward making blockchain data not only accessible but also usable in conventional enterprise environments. It could potentially open new pathways for building data-rich, blockchain-integrated software solutions.
Microsoft has demonstrated its support for Space and Time Labs in the past, and this partnership aims to enhance the utility of Microsoft Fabric for application development and business intelligence. The latest integration between Space and Time's SxT platform and Microsoft Fabric is a step towards democratizing access to blockchain data.
In conclusion, the partnership between Space and Time Labs and Microsoft Fabric represents a significant stride in the integration of blockchain technology into mainstream development. As organizations increasingly explore applications that rely on verifiable, real-time data, this collaboration could pave the way for a more secure and data-driven digital future.
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