Photo Credit: Shubham Dhage
Sony has announced it is developing an Ethereum layer 2 blockchain called ‘Soneium’ which it plans to use to create new services by leveraging the various businesses and IP within the Sony Group.
Sony Block Solutions Labs (under Sony Group) will continue to explore the provision and development of the Soneium blockchain in the future. Soneium is a public blockchain with an open network that anyone can participate in. By developing blockchain, which is the basic structure of web3 applications, Sony says it will be able to provide “comprehensive web3 solutions from the infrastructure to the application layer—rather than just providing partial services.”
End users will be able to access Soneium through applications that are compatible with the Soneium network—interacting with web3 games and NFT marketplaces. By utilizing blockchain technology, activity history within apps is managed in a more decentralized and autonomous manner than on the traditional internet. Each app can be used by accessing it from your digital wallet.
Sony says in addition to existing web3 services that will be compatible with Soneium’s future, it is also investigating how new services that collaborate with businesses within the Sony Group can be developed as Soneium-compatible apps. “We will work to create use cases that can spark the interest of people who have never used web3 services,” Sony says in a press release.
“Soneium’s web3 technology can support the expansion of creators’ potential and strengthen engagement with fan communities. Specifically, we will explore protecting the rights of content created by creators, new mechanisms for returning profits to support creators and fans, and opportunities for creators to be active across the digital and real worlds.”
Sony says it is planning to release a Soneium ‘testnet’ for app developers soon. Developers will be able to use the testnet to co-create applications using Soneium’s technology with developers both inside and outside the Sony Group. Sony Block Solutions Labs is a joint venture with Startale Labs Pte Ltd.—a Sony Group company established for the purpose of building new network infrastructure and utilizing blockchain technology.
