Area and Time, a agency that describes itself as an AI-powered information warehouse, introduced the launch of its Proof-of-SQL product on Aug. 2.
Proof-of-SQL is able to proving that the info returned in relevant queries is correct and has not been tampered with. This verification is completed via zero-knowledge (ZK) proofs, which generate a SNARK cryptographic proof-of-query execution inside Area and Time’s decentralized information community.
Jay White, Co-Founder and Head of Analysis at Area and Time, stated:
“We consider that information will improve the interoperability between the on-chain and off-chain ecosystems, fostering larger collaboration between decentralized and conventional methods.”
White added that Proof-of-SQL can “unlock new ranges of innovation, effectivity and person satisfaction” throughout many various industries together with finance, retail, healthcare, gaming, and any space that makes use of blockchain.
The product can be utilized with each on-chain and off-chain information.
Proof-of-SQL related in lots of areas
Area and Time famous that Proof-of-SQL is especially helpful within the monetary trade, the place financial worth has a direct relationship with information.
The corporate additionally described how Proof of SQL can be utilized in relation to artificial intelligence (AI). It stated that the product can be utilized to confirm that giant language fashions (LLMs) are educated on correct and tamperproof information. It stated that this functionality can be sure that AI is utilized responsibly because it turns into extra commonplace in enterprise.
The agency moreover famous that, within the blockchain trade, builders can use Proof-of-SQL to create good contracts and decentralized apps (dApps) which confirm information with out compromising the trustless safety mannequin of blockchain.
The corporate stated that Lendvest, a Chainlink-powered protocol that makes use of on-chain credit score scores, is among the first tasks to utilize Proof-of-SQL.
Area and Time was based in 2022. It raised $10 million and $20 million in two separate funding rounds that yr. As blockchain and AI applied sciences proceed to evolve, Proof-of-SQL’s means to supply information accuracy and integrity might play a big position within the improvement of those sectors
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