Space and Time, the Microsoft-backed blockchain data project, announced an enterprise platform on November 9, 2026, designed to let businesses verify calculations on private data without exposing the underlying records.
According to Decrypt’s report, Space and Time Enterprise allows AI applications, auditors and other stakeholders to check calculation results without accessing the database itself. Named launch partners include onchain asset manager Maple Finance, Indonesian vehicle maker and distributor Indomobil, Oracle software consultancy Trenez, and AI data network The Data Foundation.
The announcement identifies partners and potential business uses, but provides no customer counts, usage volumes, retention figures or comparison period to measure adoption growth.
What the platform verifies—and what it does not
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 relying on an external 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 giving them unrestricted access to the records behind every calculation. He described that access as another avenue of exposure for companies.
Holiday 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 the calculations they depend on.
With GPU acceleration, supported queries covering millions of rows can be executed and proven in under a second, Holiday said. Actual performance depends on the query, hardware and dataset, so that claim is not a universal benchmark.
Verification also has a fundamental limit: it can establish that a calculation was performed correctly on a particular set of records, but 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 provides evidence of which data was used and whether it was processed correctly.
Enterprise deployment is not the same as SXT usage
Space and Time also operates SXT Chain, a decentralized network supplying verifiable data to DeFi, tokenized assets and stablecoins. But enterprise customers can deploy the new product in their own environments without operating a blockchain.
Asked whether those customers would generate demand for SXT, Holiday said the network would become relevant as their applications “need to connect to onchain markets,” with those workloads paid for through Space and Time.
That leaves an important distinction for assessing adoption: use of the enterprise software does not, by itself, establish use of SXT Chain or demand for its token. The report provides no figures for enterprise workloads connecting to onchain markets or the token demand they might generate.
Funding and development context
Space and Time raised $20 million in a 2022 strategic funding round led by M12, Microsoft’s venture fund. Decrypt reported that Grayscale launched a trust offering exposure to SXT in 2025.
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 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.
The enterprise launch describes a concrete verification use case and names initial partners. Evidence of sustained adoption—and of any resulting onchain activity—remains unquantified in the report.
Original source: Decrypt, published November 9, 2026, at 21:01:02 UTC+08:00.
