🧨🚀SXT crypto’s price spiked today after Microsoft announced it’s adding Space and Time’s blockchain data to its Fabric analytics platform.
SXT29.19%Space and Time, the native token of decentralized data platform Space and Time, rose as high as 37% to an intraday high of $0.146 on May 21 morning Asian time.
The rally followed Microsoft’s announcement that it would begin integrating real-time blockchain data feeds into Microsoft Fabric through a partnership with Space and Time Labs, a crypto startup previously backed by a Microsoft venture arm.
According to the May 20 announcement, the collaboration will allow Microsoft Fabric users to access verifiable data from Bitcoin, Ethereum, and Sui blockchains via Azure OneLake, a cloud data storage solution often described as a “OneDrive for data.”
For the uninitiated, Microsoft Fabric is an end-to-end analytics platform that unifies several tools across Microsoft’s data suite, including Azure Data Factory, Synapse Analytics, and Power BI.
As part of this integration, enterprise users of Fabric will now be able to incorporate tamper-proof blockchain data directly into their analytics, smart contracts, dashboards, and even AI models.
The verifiability of this data is made possible by Space and Time’s proprietary “Proof of SQL” technology, which uses zero-knowledge (ZK) proofs to validate SQL database queries securely and efficiently.
