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Can a database act as the signing agent for a stellar smart contract? I.e. the sender or receiver of payment requests to query the database and if certain conditions are met in the database, the agreed upon funds are transferred?.

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Yes that is easily possible, for ease of coding, you can even refer your favorite SDK :)

Stellar is available in all coding platforms(officially and unofficially) that you can think of :-

Official SDK are available here

https://www.stellar.org/developers/reference/

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yes this is possible. I'm working on different smart contract solutions to be provided as services. See e.g. https://smartstellar.org for a beta version on timed transactions.

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