Space and Time, a Microsoft-backed blockchain data project, announced Space and Time Enterprise on November 9, 2026. The platform is designed to let businesses verify calculations performed on private records without giving AI applications, auditors or other stakeholders access to the underlying database.
Launch partners named in the announcement include onchain asset manager Maple Finance, Indonesian vehicle maker and distributor Indomobil, Oracle software consultancy Trenez and AI data network The Data Foundation.
What the platform verifies
The product uses Proof of SQL, Space and Time’s patented technology for proving that database queries were computed correctly. According to the company, it already works with Google Cloud’s BigQuery, and businesses can now run it on their own servers without operating a blockchain, buying specialized hardware or using an outside proving service.
Nate Holiday, CEO of MakeInfinite Labs, Space and Time’s original developer, told Decrypt that businesses want AI agents to execute workflows without unrestricted access to the records behind every calculation. He said the company is working with customers in construction, engineering and manufacturing that want AI agents, reporting tools and compliance teams to use the same business records and verify their calculations.
Holiday said GPU acceleration allows supported queries over millions of rows to be executed and proven in under a second. That performance claim depends on the query, hardware and dataset.
There is also a fundamental limit: proving that a calculation was performed correctly does not establish that the input records were accurate.
“An incorrect entry still needs to be caught through the business’s data controls,” Holiday told Decrypt. Verification, he said, provides evidence of which data was used and whether it was processed correctly.
Where SXT fits—and what remains unproven
Space and Time also operates SXT Chain, a decentralized network supplying verifiable data to DeFi, tokenized assets and stablecoins. But the enterprise product does not require customers to operate a blockchain.
Asked whether enterprise customers would generate demand for the SXT token, Holiday said businesses could deploy the product in their own environment. The network would become relevant as their applications “need to connect to onchain markets,” with those workloads paid for through Space and Time.
That distinction matters: an enterprise deployment alone does not establish increased SXT demand. The connection described by Holiday depends on customers’ applications moving into onchain markets.
The Microsoft connection
Space and Time raised $20 million in a 2022 strategic funding round led by M12, Microsoft’s venture fund. In 2025, Grayscale launched a trust providing exposure to SXT, the token powering Space and Time’s blockchain.
Earlier in 2026, Space and Time launched Dreamspace, an AI-powered tool built with Microsoft’s Azure AI services that lets users create and deploy onchain apps without writing code.
Holiday also said Microsoft’s Nova project includes Blitzar, Space and Time’s cryptographic acceleration library, and that the team’s work on the Dory commitment scheme contributed to a16z crypto’s Jolt proof system.
The announcement centers on verifiable processing of private data—not proof that the data itself is true, or evidence that enterprise adoption will necessarily translate into token demand.
Original reporting: Decrypt, published November 9, 2026, at 21:01:02 UTC+08:00.