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 provide verifiable calculation results to AI applications, auditors and other stakeholders without giving them 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 platform uses Proof of SQL, Space and Time’s patented technology for proving that database queries were computed correctly. Rather than granting an AI agent unrestricted access to business records, a company can let it use results whose calculations can be checked.
“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, Space and Time’s original developer, told Decrypt.
Holiday said the company was working with customers in construction, engineering and manufacturing that wanted AI agents, reporting tools and compliance teams to use the same business records and verify the calculations they depend on.
Proof of SQL already works with Google Cloud’s BigQuery. According to the company, businesses can now run it on their own servers without operating a blockchain, purchasing specialized hardware or relying on an external proving service.
With GPU acceleration, supported queries over millions of rows can be executed and proven in under a second, Holiday said. Actual performance depends on the query, hardware and dataset.
Correct processing does not guarantee correct records
The verification has an important boundary: it proves that a calculation was performed correctly on a given set of records, not that those records were accurate in the first place.
“An incorrect entry still needs to be caught through the business’s data controls,” Holiday said, adding that verification supplies evidence of which data was used and whether it was processed correctly.
That distinction separates the platform’s computational guarantees from the business’s responsibility to maintain accurate source data.
Where SXT Chain fits
Space and Time also operates SXT Chain, a decentralized network supplying verifiable data to DeFi, tokenized assets and stablecoins. Its enterprise product, however, can be deployed in a customer’s own environment without running a blockchain.
Asked whether enterprise use would create demand for the SXT token, Holiday said the network would become relevant as customers’ applications “need to connect to onchain markets,” with those workloads paid for through Space and Time. That explanation does not establish that every enterprise deployment requires SXT.
Funding and technical background
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, the company launched Dreamspace, an AI-powered tool built with Microsoft’s Azure AI services that lets users create and deploy onchain applications 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.
Original reporting: Decrypt, published November 9, 2026, at 21:01:02 UTC+08:00.