Tokenization gets harder as assets get smarter 🏦
Putting an asset onchain is one part of the process.
Financial applications can also depend on calculations across changing datasets, from reporting and historical performance to cash flows and other asset-level information.
Those calculations create another question.
How can an application verify that the result was computed correctly?
Space and Time provides infrastructure for running supported SQL queries against committed data and generating cryptographic proofs of the computation through Proof of SQL.
That creates practical applications for institutions and developers building more sophisticated tokenized financial products, with the $SXT network supporting the underlying data infrastructure.
Space and Time's technology doesn't prove that an underlying asset exists or replace custody and auditing processes.
It provides a way to make supported computation over the relevant data verifiable.
#OnchainFinance
Putting an asset onchain is one part of the process.
Financial applications can also depend on calculations across changing datasets, from reporting and historical performance to cash flows and other asset-level information.
Those calculations create another question.
How can an application verify that the result was computed correctly?
Space and Time provides infrastructure for running supported SQL queries against committed data and generating cryptographic proofs of the computation through Proof of SQL.
That creates practical applications for institutions and developers building more sophisticated tokenized financial products, with the $SXT network supporting the underlying data infrastructure.
Space and Time's technology doesn't prove that an underlying asset exists or replace custody and auditing processes.
It provides a way to make supported computation over the relevant data verifiable.
#OnchainFinance