Key facts
- Launch partners include Maple Finance, Indomobil, Trenez and The Data Foundation, a Washington, D.C.-based nonprofit.
- The platform is built on Proof of SQL, Space and Time's patented technology for proving database queries were computed correctly.
- Businesses can run the software on their own servers without operating a blockchain or buying specialized hardware.
- Holiday said the technology cannot determine whether underlying records were accurate to begin with.
Space and Time, a Microsoft-backed blockchain data project, announced Space and Time Enterprise on November 9, 2026, a platform that lets businesses prove calculations made on private data are correct without exposing the underlying records, according to Decrypt.
The company said the product lets AI applications, auditors and other stakeholders check results without accessing the database itself, and that businesses can run the software on their own servers without operating a blockchain, buying specialized hardware or relying on an outside proving service. Launch partners include onchain asset manager Maple Finance, Indonesian vehicle maker and distributor Indomobil, Oracle software consultancy Trenez and The Data Foundation, a Washington, D.C.-based nonprofit focused on government data.
"Businesses want AI agents to execute workflows using that information, but those agents don't need unrestricted access to the records behind every calculation," Nate Holiday, CEO of MakeInfinite Labs, the original developer of Space and Time, told Decrypt. He said the potential cost to a business is the overall value of the business, and that giving AI tools unrestricted access to data creates another avenue of exposure.
Holiday said the company is working with customers in construction, engineering and manufacturing that want to rebuild their systems around AI so agents, reporting tools and compliance teams can work from the same business records.
The platform is built on Proof of SQL, Space and Time's patented technology for proving that database queries were computed correctly. It already works with Google Cloud's BigQuery. With GPU acceleration, Holiday said supported queries over millions of rows can be run and proven in under a second, though he said actual performance depends on the query, hardware and dataset.
Holiday said the technology cannot tell whether the underlying records were accurate to begin with. "An incorrect entry still needs to be caught through the business's data controls," he said, "but verification gives those controls a much stronger foundation: evidence of which data was used and whether it was processed correctly."
Space and Time raised $20 million in 2022 in a strategic funding round led by M12, Microsoft's venture fund. Grayscale launched a trust giving investors exposure to SXT, the token that powers Space and Time's blockchain, in 2025. In 2026 the company launched Dreamspace, an AI-powered tool built with Microsoft's Azure AI services that lets users create and deploy onchain apps without writing code.
Space and Time also runs SXT Chain, a decentralized network that supplies verifiable data to DeFi, tokenized assets and stablecoins. Asked whether enterprise customers would create demand for SXT, Holiday said businesses could deploy the product in their own environment, and that the network would come into play as their applications "need to connect to onchain markets," with those workloads paid for through Space and Time.
Microsoft's Nova project includes Blitzar, Space and Time's cryptographic acceleration library, and the team's work on a commitment scheme called Dory contributed to a16z crypto's Jolt proof system, Holiday said.