Space and Time’s enterprise platform pairs two prominent technology narratives: AI agents working with business records and cryptographic verification of their calculations. The important distinction is what the system can establish: a correctly executed query is not proof that the underlying records are true.
As Decrypt reported on November 9, 2026, the Microsoft-backed blockchain data project announced Space and Time Enterprise that Monday. The platform is designed to let businesses verify calculations on private data without giving AI applications, auditors or other stakeholders access to the underlying database.
Original publication time: November 9, 2026, at 21:01:02 UTC+08:00.
The enterprise proposition
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.
Nate Holiday, CEO of MakeInfinite Labs, Space and Time’s original developer, told Decrypt that businesses want AI agents to execute workflows using company information without giving them unrestricted access to the records behind every calculation.
“Giving AI tools unrestricted access to data creates another avenue of exposure,” Holiday said. He described the potential cost of that exposure as “the overall value of the business.” That is his assessment of the risk, not a quantified finding presented in the report.
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.
What Proof of SQL establishes
The platform 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.
Holiday said GPU acceleration allows supported queries over millions of rows to be run and proven in under a second. He qualified that claim: actual performance depends on the query, hardware and dataset.
The central limitation is equally important. The technology verifies computation on a given set of records; it does not establish whether those records were accurate in the first place.
“An incorrect entry still needs to be caught through the business’s data controls,” Holiday told Decrypt. He said verification provides evidence of which data was used and whether it was processed correctly.
That makes the launch a proposition about verifiable processing—not a claim that cryptography eliminates bad inputs or replaces business data controls.
Enterprise adoption is not automatically SXT demand
Space and Time also operates SXT Chain, a decentralized network supplying verifiable data to DeFi, tokenized assets and stablecoins. SXT is the token that powers its blockchain.
Asked whether enterprise customers would generate demand for SXT, Holiday said businesses could deploy the product in their own environments. The network would enter the picture as their applications “need to connect to onchain markets,” with those workloads paid for through Space and Time.
The distinction matters for the token narrative: the reported enterprise deployment model does not require customers to operate a blockchain. Holiday’s explanation links network use to applications connecting with onchain markets; the report does not establish how much SXT demand those workloads would generate.
Funding and ecosystem context
Space and Time raised $20 million in a 2022 strategic funding round led by M12, Microsoft’s venture fund. In 2025—the year before the report—Grayscale launched a trust offering investors exposure to SXT.
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.
Those relationships provide funding and technical context. They do not, by themselves, demonstrate the new platform’s performance across customer deployments or establish future token demand. The evidence boundary remains specific: verifying a calculation, validating its inputs and generating blockchain usage are separate questions.