Sony Publicizes Layer-2 Blockchain ‘Soneium’ Constructed on Ethereum

Sony Publicizes Layer-2 Blockchain ‘Soneium’ Constructed on Ethereum

Sony’s Web3 exploration has now come to a degree that the Japanese tech big has introduced its personal blockchain community, named Soneium. The layer-2 community is being constructed atop Ethereum in collaboration with Startale Labs, the crew behind Astar Community. Sony has established a brand new entity referred to as Sony Block Options Labs (Sony BSL) to supervise the event and deployment of Soneium. This unit is a three way partnership between Sony and Startale.

The intention of this layer-2 blockchain is to attach blockchain and Web3 applied sciences to current Web3 Web providers. A weblog printed on the official website of Soneium stated this blockchain is being designed on the fundamentals of ‘open Web’ to encourage the creation of decentralised panorama for leisure, gaming, and finance sectors amongst others.

All You Have to Know About Soneium

Jun Watanabe has been appointed because the chairman of Sony BSL and Sota Watanabe has been named the Director of Sony’s Web3-focussed arm. Commenting on the event, Watanabe stated, “We predict the event of a complete Web3 answer based mostly on blockchain could be very vital to the Sony Group. We are going to work to create numerous companies and new use circumstances that may solely be loved by means of Web3.”

For many years now, Sony has established itself throughout a number of verticals, which embrace leisure, devices, residence home equipment, and gaming. As per Sota Watanabe, Sony is trying to leverage its distribution channels in a number of industries and current customers to deliver blockchain tech to extra individuals.

In keeping with the Soneium weblog, Sony is not going to solely assist current blockchain usecases however can even “take into account new providers which are linked to companies inside the Sony Group to create use circumstances that may stimulate the curiosity of people that have by no means used Web3 providers, and to assist the growth of creativity and engagement with fan communities by means of Web3 know-how.”

Within the longer run, by means of this blockchain initiative, Sony needs to get in-depth data concerning the safety of the rights of the creators whereas additionally exploring mechanisms for returning earnings to assist creators.

Within the coming days, the Soneium testnet will probably be launched with Op Stack — an open-source, modular framework that helps builders attempt upcoming blockchain networks.

“After we efficiently launch the testnet, we plan to affix Optimism’s Superchain to increase our ecosystem,” the weblog famous.

The deal with of Soneium on X was created in February this yr and it’s at the moment adopted by almost 4,000 followers. The updates round Soneium are being posted for public consciousness by means of this channel.

Sony’s Historical past with Web3

Sony forayed into Web3 in 2023 when it joined forces with Astar Community to launch a Web3 incubation hub.

In July 2024, the tech big floated the thought of resuming the operations of an acquired Japanese crypto agency, WhaleFin.

Most lately, Sony Financial institution launched an NFT app referred to as ‘Join’. This app permits clients to carry, commerce, and acquire digital collectibles, all by means of their telephone.