Industry Insights

Verified Compute

The new primary primitive of computing.

Nate Holiday

Co-Founder, CEO

Every significant shift in computing has been driven by landmark innovations. The microprocessor enabled the creation of PCs, graphical user interfaces made it easy for the average person to use a computer, and the internet ushered in a new age of information access and global communication. Most recently, the proliferation of the cloud created a world where computing resources are readily accessible to all. Once constrained by the limits of physical hardware, businesses and individuals can now tap into vast, scalable infrastructure on demand. The cloud reshaped the very fabric of tech and has become ubiquitous in our interconnected world. Now, we are witnessing the beginning of a new era powered by emerging technologies like blockchain and AI. 

The four “primitives” of cloud computing

The profound impact of cloud computing is underpinned by its abstraction of four key computing primitives that form the backbone of the digital ecosystem: server, storage, network, and database. Understanding each primitive is crucial to appreciating the sophistication and breadth that cloud systems offer. 

Server: executing tasks

Servers are the engines of computational tasks, executing the business logic that powers applications. With the advent of cloud computing, the paradigm shifted from static physical servers to dynamic, virtualized environments. Computational power has largely moved from local systems to global cloud networks, enabling businesses to scale operations and respond more efficiently to application demands.

Storage: saving data

Data is the driving force behind strategic decision-making for businesses. No longer limited by physical hardware, the cloud enables adaptable, resilient data storage solutions to meet the ever-expanding needs of enterprises. Today, more than 60% of corporate data is stored in the cloud.

Network: communicating between systems

Networking facilitates seamless communication between systems, regardless of distance or scale. The cloud elevates this principle, enabling a level of interconnectivity between business applications that was previously unattainable. Through the cloud, the world—vast as it is—becomes a singular, interconnected digital playground.

Database: powering business logic

Databases serve as the “brain” behind business operations, allowing businesses to manage and orchestrate the information that drives their core processes. Database systems, which were once localized and rigid, have been transformed into flexible, globally-accessible powerhouses. The meteoric rise of cloud databases and data warehouses, underscored by milestones like Snowflake’s record-breaking IPO, attests to the significance of database technology in the modern enterprise stack. 

The rise of a new primitive

In today’s hyper-connected digital ecosystem, where financial value is directly tied to data, and computational outcomes have tangible monetary implications, efficiency, flexibility, and security alone are not enough. The ability to verify the authenticity of data and compute—especially in business systems that serve as custodians of financial value—is imperative.

The world is in the midst of yet another major shift, this time driven by market demand for verifiability. As businesses move from a ‘trust’ model to a ‘verify-everything’ model, black-box systems can no longer be relied upon to secure value. Though cloud computing and its foundational primitives will likely remain the bedrock of business operations for the foreseeable future, a new primitive is quickly emerging as a required part of the stack: verifiability.

Verifiability becomes the computing standard

The essence of verifiability lies in fostering an environment where every piece of data, every transaction, and every computational outcome is accurate and free of manipulation. 

Each primitive adds unique capabilities to computing: servers offer execution power, storage solutions manage data reserves, networks ensure interconnectivity, and databases streamline data-driven logic. Yet, all operate under some level of implicit trust: trust in data accuracy, in system reliability, and in transactional integrity. As the world becomes increasingly interdependent, trust is no longer a sufficient guarantor of business operations. Inaccuracies or vulnerabilities in one layer compromise the entire system. And if the system is fundamentally compromised, it doesn’t matter if it’s scalable or efficient. 

Verifiability is not simply an addition to the four core primitives of computing, but an overarching layer that fortifies the foundation on which all other primitives operate. Take a cloud database, for example—a critical component of the enterprise computing stack. Without a layer of verifiability, how can a business know that the data, and more importantly the processing of that data, is accurate and tamperproof? Even a small discrepancy can lead to operational or financial errors for the business and its stakeholders. Verifiability will become an essential primitive of modern computing infrastructure.

Space and Time: the Verifiable Compute Layer

Space and Time has pioneered Verifiable Compute at scale, and our focus now is accelerating blockchain, LLM and enterprise adoption. We are keenly aware of the growing market demand for verifiable data and compute across Web3, AI, and cloud systems alike, and we’ve built the first web3-native data warehouse built from the ground up - a verifiable data warehouse with a full-stack suite of developer tools powered by zero-knowledge (ZK) technology. 

Why are we building the verifiable compute layer at the data warehouse (database) level? A database is the primary nexus of information flow that stands at the intersections of computing. If you provide verifiability at the database level, you ensure that decisions across the organization are rooted in truth. It's not just about storing data in a tamperproof way, it's also about ensuring the seamless execution of operations (server), the secure and efficient transfer of data (network), and providing the underlying infrastructure that facilitates these processes (database). With a growing dependency on data across all industries, a verifiable data warehouse inherently provides the structure to efficiently validate the core of all business operations.

Space and Time's approach to integrating verifiability within a data warehouse sets the foundation for holistic, end-to-end verifiability for business operations. Rather than patchwork point-solutions that address individual components of the stack, our platform ensures that from the moment data enters the system, to the time a business decision is made, every interaction is auditable, secure, and—most importantly—verifiable. As we navigate a world where the line between data integrity and operational success becomes increasingly thin, Space and Time is meeting the demand for end-to-end verifiability in both Web3 and cloud systems.

The author and Space and Time make no representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of this post (this "Post") or any information herein. This Post has been prepared solely for educational and informative purposes and does not constitute an offer to sell, or a recommendation or solicitation of an offer to subscribe for or purchase any securities.

Certain statements contained in this Post may be statements of the author’s or Space and Time’s beliefs, plans and expectations about the future and other forward-looking statements that are based on the author’s current expectations or beliefs as well as a number of assumptions about Space and Time’s operations, future development plans, growth prospects, market conditions, and factors beyond the author’s or Space and Time’s control or third party sources and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements.

Nate Holiday

Co-Founder & CEO

Nate Holiday is the Co-founder, President and CEO at Space and Time. Nate has spent more than a decade leveraging data and automated analytics to innovate new business models and deliver revenue growth across multiple industries. Nate is recognized in the enterprise software industry for building world-class business units, bringing new products to market, transforming revenue models and delivering high-impact GTM teams. Nate was featured by Mike Weinberg in his Amazon best-seller “#SalesTruth” for transforming and shaping Teradata’s cloud and GTM business. Previous to co-founding Space and Time, Nate held executive leadership roles across the Analytics and Fintech industries. As the Senior Vice President of GTM Operations and Growth at Teradata Corporation, Nate managed the global enterprise growth engine and field operations for over $2B in annual revenue, inclusive of the global cloud business unit. Nate has also served as a Senior Vice President in the FinTech industry driving market leading top and bottom line growth. Nate currently serves as the Chairman of Board for Space and Time, and also serves as a Strategic Advisor to Bain & Co. and Chainlink Labs. Nate holds an B.A. degree from Brigham Young University.