OKX Ventures announces joining Microsoft M12 led open-source AI data protocol Space and Time

On August 27th, OKX Ventures announced a strategic investment in the decentralized database Space and Time (SxT). The core development team of SxT has been committed to providing on chain and off chain tamper proof data technology stacks for the past two years. The team first proposed a new encryption technology called Proof of SQL, which uses encryption to prove that query calculations and data are accurate and tamper proof. Since March 2023, the Beta product has been launched, with an average monthly query count of over 500000 and database requests exceeding 5 billion. It has been applied from different dapps and traditional enterprises. Currently, SxT supports data indexing for mainstream public chains on the chain, including Ethereum, Bitcoin, ZKsync, Polygon, Sui, Aptos, and Sei, as well as off chain data. OKX Ventures founder Dora Yue said, "Space and Time, as a verifiable computing layer of Web3, has pioneered a new encryption technology called SQL Proof, combined with a decentralized data warehouse Data Warehouse, to prove the accuracy and immutability of query calculations and data in an encrypted manner. Under the zk coprocessor, the SxT solution that integrates the big language model LLM can optimize the user experience when self hosting applications such as DeFi on the blockchain, ensuring asset security and solving problems such as key loss, as well as digital asset transactions, storage, equipment upgrades in GameFi, preventing asset theft and contract modifications. OKX Ventures actively advocates innovation and application of blockchain technology. We are very much looking forward to the online testing of Space and Time, SxT optimizes the business model framework for traditional enterprises and on chain applications, ensuring data security and immutability, providing support for decentralized database services, and promoting sustainable business development