Particularly, Microsoft-backed Web3 data platform Space and Time has officially launched its mainnet. This recent change bridges the platform’s ecosystem of partners with leading financial institutions and top cloud providers. The launch allows developers to build on-chain applications with built-in security features, bridging the gap between cloud databases and smart contracts through cryptographic proofs.

Scott Dykstra, cofounder of Space and Trust, emphasized how the platform was helping to bolster security for onchain applications.

Prior to Space and Time, onchain applications had no way to query basic user data from a database of blockchain activity without introducing security risks and tampering. - Scott Dykstra, co-founder at Space and Time.

The ecosystem surrounding Space and Time has attracted an unprecedented wave of enthusiasm from the biggest names in tech, finance, and beyond. Cloud providers like Microsoft Azure and Google BigQuery have already integrated or are in the process of building with tools and data services available on the platform. Furthermore, leading blockchain projects like Chainlink, Sui, and ZKsync have integrated or are developing with Space and Time's offerings.

The platform’s testnet, which launched before the mainnet came online, featured over 30 validators distributed around the world. These validators were located throughout the US, Europe, Asia and Latin America.

Space and Time mainnet is permissionless, and we encourage the community to join the network as validators and delegated stakers. - Scott Dykstra, co-founder at Space and Time.