ChainCatcher report, according to Decrypt, Microsoft-backed blockchain data project Space and Time has launched the Space and Time Enterprise platform, enabling enterprises to use private data for AI tools without surrendering underlying records. The platform can verify that computations performed on private data are correct, allowing AI applications, auditors, and other stakeholders to validate results without accessing the database itself.
The initial partners include the on-chain asset management firm Maple Finance, Indonesian automotive manufacturer and distributor Indomobil, Oracle software consulting firm Trenez, and The Data Foundation, a nonprofit organization based in Washington, D.C., focused on government data.
Nate Holiday, CEO of MakeInfinite Labs, the original developer of Space and Time, said that businesses want AI agents to use this information to execute workflows, but the agents do not need unrestricted access to the records behind every computation.
He said that granting AI tools unrestricted access to data creates new exposure channels. The company is working with clients in construction, engineering, and manufacturing to ensure that agents, reporting tools, and compliance teams operate from the same set of business records and verify the calculations they rely on.
The platform is built on Space and Time’s patented Proof of SQL technology, which verifies that database queries have been correctly computed, and is currently compatible with Google Cloud’s BigQuery. Enterprises can run it on their own servers without operating a blockchain, purchasing specialized hardware, or relying on external proof services.
With GPU acceleration, supported queries on millions of rows of data can be completed and proven within one second. This technology can only verify that computations were correctly executed on the given records, not whether the records themselves are accurate. Space and Time previously raised $20 million in a strategic funding round led by Microsoft’s venture fund M12 in 2022, and Grayscale previously launched a trust product for the SXT token.
Microsoft-backed Space and Time launches enterprise platform for AI data verification
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Summary
The Microsoft-backed blockchain project Space and Time has launched the Space and Time Enterprise platform, enabling companies to use private data in AI tools without exposing the source. The system verifies computations against private data, allowing AI applications and auditors to confirm results without direct database access. Early partners include Maple Finance, Indomobil, Trenez, and The Data Foundation. The platform operates on patented Proof of SQL technology, integrates with Google Cloud BigQuery, and processes millions of rows in seconds with GPU support. The launch coincides with increasing interest in AI and crypto developments and growing demand for secure data usage—particularly for sensitive data such as inflation metrics.
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