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Blockchain

Microsoft and Space & Time Bring Real-Time Blockchain Data to Azure Cloud!

April 19, 2023 - Around 2 mins mins to read

Key Points:

  • Microsoft partners with Space and Time to add real-time blockchain data for Azure Cloud.
  • One-click deployment through the Azure Marketplace gives developers the ability to access, manage and perform analytics on the blockchain data, which is pre-loaded with real-time blockchain-native data.
  • Azure cloud platform came in behind only Amazon Web Services among the largest cloud infrastructure services providers in the world in the fourth quarter, according to Statista data.
Microsoft (MSFT) and decentralized data platform Space and Time have announced a partnership that will benefit developers who need real-time blockchain data. This partnership will make the data available to developers directly from the Microsoft Azure Marketplace.
Microsoft and Space Time Bring Real Time Blockchain Data to Azure Cloud

This partnership was formed about seven months after Microsoft’s venture capital arm, M12, led a $20 million strategic funding round for Space and Time. It is clear that Microsoft has been keeping a close eye on the development of blockchain technology.

The Azure Marketplace is an online store that provides applications and services for use on Microsoft’s Azure cloud platform. The Azure platform is ranked as the second largest cloud infrastructure services provider in the world, according to Statista data.

Space and Time offers real-time data indexed from major blockchains combined with off-chain datasets provided by customers. This hybrid transactional and analytic database is pre-loaded with real-time blockchain-native data.

The Azure Marketplace’s one-click deployment means that developers can easily access, manage, and perform analytics on the blockchain data. This partnership will make it easy for businesses to build on the blockchain without revamping their existing tech architecture. Microsoft and Space and Time’s partnership is a significant step forward in the world of blockchain technology.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.