- Major blockchains generate terabytes of data.
- Load one’s own data from source systems with REST APIs, JDBC, Kafka streams, ETL tools, etc.
In the words of Kathleen Mitford, “At Microsoft, we are empowering the development of emerging markets, including blockchain and distributed data. Together, Microsoft Azure and Space and Time will provide developers with the tools they need to build the next generation of blockchain use cases.”
A Decentralized Warehouse
Cryptocurrency is a decentralized currency, which means it is not controlled or monitored by a government because it does not fall under its purview. Exchanges made through this system function smoothly without the intervention of a third-party organization. These investments are frequently stored and secured in a ‘Crypto Wallet,’ which is backed by a constructively guaranteed method of access. This decentralized evolution of investment, money transactions, and assets led to the growth and introduction of DID or decentralized identity.
The systematic development of markets and storing data has brought out a way for systematic storage and generation of these decentralized functions, a warehouse powered by AI. A digital warehouse that is decentralized, joining tamper-proof on and off-chain data, can power a new generation of smart contract use cases.
Using Space and Time (SxT)
This flexible, easy-to-use application allows users to transform their data as needed, giving them full control of it. It is also preloaded with data from major blockchains. In addition, SxT provides a decentralized environment where applications, dashboards, machine learning and data science work together seamlessly.
By leveraging SxT, developers can build Web3 applications more efficiently, quickly, and cost-effectively. A highly esteemed and appreciated system of proof of SQL is a zero-knowledge mechanism that ensures the accuracy of every rough in SxT. This system lets smart contracts access, transform, use, and store the data they keep track of on their blockchain. One of the core advantages of SxT is its elasticity and scalability.
The Space and Time data warehouse is a decentralized hybrid system that combines low-latency transactional queries and scalable analytics within a single cluster. The platform introduces an innovative zero-knowledge proof, called Proof of SQL, which cryptographically verifies the accuracy of query computation and ensures the tamperproof nature of the query and the data.
The Space and Time project is set to explore the extreme ends of the internet that have been left untouched and bring them together, pushing further scientific boundaries, bringing in the unique qualities of time, and making work with it.