Introduction

On April 27th, the Web3 data warehouse platform Space and Time officially launched a test version of the data warehouse and developer suite, allowing developers to utilize provable computing for on and off chain data to support DApp, smart contracts, and verifiable AI models.

Web3 data warehouse platform Space and Time officially launched a test version

On April 27th, 2021, Space and Time, a Web3 data warehouse platform, launched a test version of its data warehouse and developer suite. This launch allows developers to access provable computing for on and off-chain data, providing support for DApp, smart contracts, and verifiable AI models.
# What is Space and Time?
Space and Time is a data warehouse platform designed for the needs of Web3 developers. It features a provable computing protocol that allows developers to access data from various blockchains, including off-chain data sources such as real-world financial data, social media analytics, and IoT devices. The platform has designed its API to make it easier for developers to access data sources and use this data in building their applications. It is a significant upgrade from traditional Web2 data warehouse models.
# Benefits of Space and Time
The launch of Space and Time’s data warehouse and developer suite is a significant event for developers in the Web3 space. Here are some of the benefits that the platform offers developers:

Access to a Provable Computing Protocol

Space and Time provides developers with access to a provable computing protocol. Provable computing refers to an algorithmic process that can be verified as true or false. This functionality allows developers to access provable data from a chain or off-chain data source that they can validate.

Reduced Time to Market

Access to Space and Time’s data warehouse and developer suite reduces the time it takes to build applications by providing developers with access to an extensive library of data sources. Developers can leverage these sources to create applications that solve real-world problems much faster.

Enhanced Data Security

Space and Time’s data warehouse platform is built on top of Web3 infrastructure, which provides a higher level of security compared to traditional Web2 data warehouses. With the use of cryptographic protocols, developers can now access, store and process data securely without the risk of data breaches.

Improved Data Quality

The Space and Time data warehouse platform provides developers with a high-quality data ecosystem. By centralizing data, this platform can minimize the impact of common data quality issues like data silos and data gaps that are typical in traditional data warehouse models.
# Space and Time Tool Kit (SDK)
The Space and Time toolkit (SDK) is a suite of tools designed for developers to access the capabilities of the platform quickly. With the SDK, developers can easily use provable computing to access data from various blockchain sources, process, store and distribute the data. The toolkit provides developer-friendly APIs, tools, and access to industry-specific datasets that they can leverage to build their Web3 applications.
# Use Cases
Space and Time’s data warehouse platform has several use cases within the Web3 ecosystem, some of which include:

DeFi

Decentralized finance (DeFi) relies on provable data to execute transactions automatically. Space and Time’s provable computing capability can provide high-quality data to power these transactions.

Smart Contracts

Smart contracts often require data from different sources to execute effectively. Space and Time’s data warehouse can provide this data, thereby improving the flexibility of smart contract design.

Verifiable AI Models

The data warehouse can be used to verify the data inputs of AI models, providing high-quality data for use cases in the Web3 ecosystem, significantly for financial applications.
# Conclusion
Space and Time’s Web3 data warehouse platform, coupled with its developer toolkit, provides developers with access to high-quality data for use in building their Web3 applications. This data warehouse minimizes common data quality issues, provides a more secure data storage environment, and reduces the time to market significantly. With the launch of its data warehouse and toolkit, developers now have access to provable computing for on and off-chain data to support DApp, smart contracts, and verifiable AI models.

FAQs

1. Can I use the Space and Time data warehouse on my Web2 application?
No. The Space and time data warehouse platform is built specifically for Web3 developers and applications.
2. What is provable computing?
Provable computing refers to an algorithmic process that can be verified as true or false. This functionality allows developers to access provable data from a chain or off-chain data source that they can validate.
3. Are there similar platforms to Space and Time?
There are other data warehouse platforms in the market, but Space and Time’s unique selling point is its provable computing capability and its focus on the needs of Web3 developers.