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Providing blockchain data for enterprises
Web3 data warehouse company Space and Time announced today that it has made blockchain data available on Microsoft’s cloud computing service Azure Marketplace.
#Space and Time DB is making blockchain data available on the @Azure Marketplace.
Full video here: https://t.co/7H2bqlW72h
Space and Time CEO and Co-Founder @holiday_nate sat down with @jameswutweetsPartner at @M12vc – @Microsoft ‘s Venture Fund, to discuss how Microsoft is… pic.twitter.com/ReSLCXyQpS
— Space and Time (@SpaceandTimeDB) April 19, 2023
Space & Time co-founder and CEO Nate Holliday said:
Partnering with Microsoft to make blockchain data accessible for enterprises on Azure, giving Web2 companies access to smart contracts.
We will continue to use blockchain technology to enable Web2 companies to automate their businesses.
It emphasizes that various companies will provide functions that will allow them to integrate blockchain data into their applications and businesses.
Now that Space & Time data is available on Azure, Azure users can easily access, manage and analyze blockchain data.
Microsoft’s Azure Marketplace is an enterprise platform provided by Microsoft. Users can post and sell independently developed applications, software licenses, consulting services, etc. on the marketplace.
What is Web3
The current centralized web is defined as Web2, and refers to an attempt to realize a non-centralized network using blockchain. A typical feature is the use case of decentralized networks such as blockchain, such as access to dApps using virtual currency wallets.
Cryptocurrency Glossary
What is Space & Time
Space & Time is a distributed data company that supports smart contracts on multiple blockchains such as Ethereum (ETH), Solana (SOL), Polygon (MATIC), Avalanche (MATIC), and Phantom (FTM).
In 2022, it has raised about 2.8 billion yen in an investment round led by Microsoft’s venture capital “M12”.
connection: 2.8 billion yen investment in Microsoft, Polygon, and Web3 data-related companies
So far, we have developed a high-speed data generation technology called “Proof of SQL” so that Web2 companies can easily enter Web3 / dApps development. The protocol is said to be applicable to various areas of Web3 such as decentralized finance (DeFi) and GameFi.
What is DeFi (decentralized finance)?
Refers to financial services or systems that utilize blockchain and are performed in the absence of a central administrator. Abbreviation for “Decentralized Finance.” DeFi financial services include stablecoin issuance, currency lending, and cryptocurrency exchanges. Many platforms use the Ethereum blockchain.
Cryptocurrency Glossary
SQL is a programming language for defining and manipulating databases. The technology provided by Space & Time allows users to run SQL queries on blockchain data.
Space & Time will also integrate on-chain and off-chain data into a single platform, enabling businesses to conduct large-scale data analysis and conduct rapid transactions. purpose.
The post Microsoft Azure Now Enables “Space & Time” Blockchain Data appeared first on Our Bitcoin News.
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