TipRanks
2022-09-27 16:05:57

Space and Time Raises $20M to Automate Business Logic through Smart Contracts

Bringing blockchain technology into the enterprise environment remains an ongoing challenge for service providers. However, that may come to change shortly. Establishing a decentralized data warehouse by connecting enterprise data with smart contracts remains a viable concept. Space and Time, a Web3-native data platform, wants to build toward that future. Its approach revolves around establishing trustless automation of business logic. More specifically, it will connect enterprise database information with smart contracts to establish enterprise-scale analytics via low-latency and cheap transactions. Space and Time secured $20 million in strategic funding from various investors.

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