Decentralized Web3 data service taps ZK-proofs for tamper-proof SQL queries

Decentralized Web3 data work Space and Time has tapped into zero-knowledge impervious (ZK-proof) exertion to cryptographically verify accusation queries wrong its ecosystem.

The company’s proprietary Proof of SQL allows the level to make a SNARK cryptographic impervious of a query wrong its decentralized information network, allowing users to spot that a information query is close and has not been manipulated.

Space and Time intends for the work to supply tamper-proof on-chain and off-chain information to blockchain services, precocious computing, artificial-intelligence and ample connection models. Space and Time co-founder Jay White told Cointelegraph that the innovation could beryllium utile crossed a scope of blockchain-based solutions including fiscal services, retail, healthcare and gaming:

“We judge that information volition heighten the interoperability betwixt the on-chain and off-chain ecosystems, fostering greater collaboration betwixt decentralized and accepted systems.”

Proof of SQL volition alteration decentralized applications (DApps) to tally a query to Space and Time’s information warehouse and make a roll-up of the effect to a astute contract. The Proof of SQL ensures trustless, but verified, proofs of information that are businesslike and privacy-preserving.

The steadfast notes that the work could supply important worth to industries wherever monetary worth is straight linked to data, with fiscal services a premier example.

Related: Are ZK-proofs the reply to Bitcoin’s Ordinal and BRC-20 problem?

The institution besides sees imaginable successful the exertion to verify that ample connection models were trained connected accurate, tamper-proof data. This could go an important facet arsenic tools similar OpenAI’s ChatGPT go integrated successful concern processes.

Space and Time’s work includes a blockchain information indexing work that features pre-built Web3 APIs that let DApps to entree real-time information from Ethereum, Polygon, BNB Chain, Sui and Avalanche’s blockchains. The level besides integrates with Chainlink oracles and decentralized retention platforms.

Space and Time’s Proof of SQL is presently being utilized by credit-scoring blockchain protocol Lendvest. The work calculates an on-chain recognition people based connected a user’s on-chain and off-chain fiscal data.

According to Lendvest laminitis Joshua Gottlieb, Proof of SQL is being utilized to beryllium that recognition scores are verified, calculated correctly and associated with a close wallet address.

The strategy is intended to let Decentralized Finance (DeFi) lending platforms to algorithmically found the hazard illustration of a user, which is aimed astatine improving returns for some users and DeFi protocols.

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