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Microsoft takes a major step towards blockchain adoption. It indeed proposes to integrate real-time data into its Fabric analytics platform through the startup Space and Time Labs (SXT). This collaboration opens new opportunities for developers and businesses, especially in finance and Web3.
In brief
- Microsoft integrates verifiable real-time blockchain data into Fabric thanks to Space and Time.
- This collaboration facilitates secure access to on-chain data for companies and developers.
A major breakthrough for blockchain data access on Microsoft Fabric
The integration of Space and Time now allows Microsoft Fabric users to access real-time, verifiable blockchain data streams. Bitcoin, Ethereum, and Sui are among the blockchains indexed by SXT via zero-knowledge proofs (ZK). This guarantees the reliability and security of the information!
This solution is based on a decentralized network of validators, ensuring data transparency and integrity. Nate Holiday, CEO of Space and Time, emphasizes that this collaboration democratizes access to blockchain data. It is especially advantageous for large institutions (notably banks) that can now exploit these on-chain data directly within their applications, via their integration in Microsoft Fabric, thanks to the Azure OneLake platform.
The flagship innovation relies on a ZK coprocessor: the “SQL proof.” It queries and verifies the data in under a second, enhancing speed and security.
Towards massive adoption of blockchain technology in businesses
Backed by Microsoft’s venture capital arm M12, Space and Time Labs raised $50 million to develop this decentralized infrastructure. Integrating verifiable blockchain data into Microsoft Fabric thus represents a key step towards convergence:
- traditional cloud databases;
- smart contracts (via an efficient blockchain oracle).
This synergy between decentralization and cloud solutions paves the way for sophisticated and secure Web3 applications. But not only that! It also facilitates the exploitation of on-chain data by companies.
Concretely, the challenge is to accelerate innovation around blockchain and democratize access to it. This will transform the way cryptographic data is used in the professional world.
This pioneering integration of blockchain into Microsoft Fabric marks an important technological turning point. It promises to strengthen the reliability, speed, and security of blockchain data exploitation for companies. It also opens the door to many innovations in the fields of Web3 and decentralized finance.
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My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
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