Goodluck Awele 
Space and Time, a provider of Web3 data, has announced that developers can now deploy their data repository directly from the Azure Marketplace, Microsoft’s online store for services and applications that can be used on Azure.
Space and Time stated in a press release that developers could access, analyze, and manage native blockchain data with a streamlined onboarding process.
This enables developers to rapidly incorporate large enterprise data volumes into intelligent contracts and novel use cases for indexed blockchain data.
Through the integration, businesses can access decentralized data without remaking their existing infrastructure.
According to the announcement, this will enable enterprises to build on the blockchain without sacrificing security or computing power.
Space and Time’s chief executive officer, Nate Holiday, stated that verifiable data across blockchains, enterprises, and artificial intelligence (AI) is paramount. Explaining this Holiday said:
“We provide enterprises with the ability to integrate blockchain data into their applications and business processes, which is critical for both customer growth and enabling responsible data stewards.”
According to Kathleen Mitford, a Microsoft Azure executive, this new development equips developers with the tools necessary to construct the next generation of blockchain use cases.
“At Microsoft, we are fostering growth in emerging markets, including blockchain and distributed data,” Mitford explained.
Microsoft is one of the numerous supporters of the Web3 data company. Microsoft’s M12 fund joined Avalanche, Polygon, HashKey, and other investors in Space and Time’s strategic funding round on September 22, 2022.
In other news, Microsoft has been developing AI chips to reduce development costs for OpenAI and internal initiatives, according to a report.
The recently disclosed industry is an effort to reduce the company’s dependence on Nvidia’s graphics processing units.