Blockchain technology has rapidly gained popularity in recent years, with many industries exploring its potential to transform operations and improve efficiency. However, one of the challenges facing blockchain adoption is the difficulty of accessing and analyzing blockchain data promptly and effectively.
This is where Space and Time, a decentralized blockchain data warehouse, comes in. And now, the platform has announced that its services are available on the Microsoft Azure Marketplace, making it easier for developers to onboard enterprise data to smart contract applications and for businesses to access indexed blockchain data.
Space and Time combines real-time data from major blockchains with off-chain data indexed by customers. This allows for a more comprehensive view of blockchain activity and can help businesses make more informed decisions. The platform’s integration with Microsoft Azure means that developers can now access blockchain-native data through Space and Time, enabling new use cases for indexed blockchain data.
Microsoft Azure is a cloud computing platform that offers a wide range of applications and services. Its integration with Space and Time is important in bringing blockchain technology to a wider audience. The move is also significant because Microsoft’s venture capital fund, M12, led a funding round for Space and Time in September 2022.
“At Microsoft, we are empowering growth across emerging markets – including blockchain and distributed data,” said Kathleen Mitford, CVP of Global Industry Marketing at Microsoft, in a press release. “We are excited to work with Space and Time to offer our customers a more efficient way to access and analyze blockchain data.“
Space and Time CEO and Co-Founder Nate Holiday added that the need for real-time data across blockchains, enterprises, and AI has “never been more important.” By making blockchain-native data more accessible, Space and Time and Microsoft Azure are helping businesses stay ahead of the curve and take advantage of blockchain technology’s benefits.
Microsoft Partnerships
In February, Ankr partnered with Microsoft to provide services for enterprise-grade node hosting. The partnership with Space and Time further demonstrates Microsoft’s commitment to expanding its blockchain offerings and providing businesses with the tools they need to succeed in the digital age.
Moreover, the integration of Space and Time’s blockchain data warehouse with Microsoft Azure is a significant development for the blockchain industry. By making blockchain-native data more accessible, businesses can better understand and analyze blockchain activity, leading to more informed decision-making and improved efficiency. As the blockchain industry continues to grow and evolve, partnerships like this one will be crucial in driving adoption and unlocking the technology’s full potential.