Microsoft Collaborates with Binance-Supported Altcoin for Blockchain-Focused Partnership!

Microsoft has begun to offer Web3 data to its users for the first time by integrating real-time blockchain data into the Fabric platform through its collaboration with Space and Time Labs (SXT).

The tech giant Microsoft has entered into a strategic partnership with blockchain data provider and Binance's Launchpool project Space and Time Labs (SXT), opening the Microsoft Fabric platform to the Web3 world. With this integration, users will be able to easily access verifiable and real-time data from blockchain networks such as Bitcoin (BTC), Ethereum (ETH), and Sui. The data will be provided through Microsoft's Azure OneLake platform.

Microsoft Fabric is recognized as a comprehensive data analytics solution that combines products such as Azure Data Factory, Azure Synapse Analytics, and Power BI into a single platform. This integration particularly allows corporate clients, such as large banks, to directly integrate insights related to their blockchain activities into their applications.

Blockchain and Zero-Knowledge Technology

Space and Time Labs is a decentralized data provider network that validates and indexes data using zero-knowledge proofs (ZK proofs). This technology enables developers to perform fast and reliable queries thanks to the ZK co-processor called "Proof of SQL" that operates on sub-second transactions.

Nate Holiday, CEO of Space and Time, stated that the integration is offered free of charge to Microsoft Fabric users, emphasizing that while this step does not directly generate revenue for the company, it represents an important strategic positioning. Microsoft's venture capital arm M12 had previously played a significant role in the company's growth by making a $20 million Series A investment in SXT.