ETH
by Soumen Datta
August 23, 2024
Developed by Sony Block Solutions Labs in collaboration with Startale Labs, Soneium is designed to integrate Web3 technologies with everyday internet services.
The Japanese electronics and gaming giant, Sony, announced Soneium, an Ethereum Layer-2 network built on Ethereum. This new blockchain platform aims to accelerate Web3 innovation and bring blockchain technology to the mainstream.
“Soneium aims to create a world where everyone is a creator, transcending cultural differences and bringing people together with diverse values,” said Sota Watanabe, Director of Sony Block Solutions Labs.
The blockchain is expected to go live in the next few days and aims to bridge the gap between Web3 innovation and consumer applications across various sectors, including entertainment, finance, electronics, and gaming.
Soneium aims to make blockchain technology more accessible to a wider audience by integrating Sony's distribution channels. This includes gaming, finance, entertainment, and more, where blockchain’s potential can be fully realized.
For developers and creators, Soneium will provide a user-friendly environment with efficient, cost-effective tools to build and deploy applications.
A testnet for app developers is set to launch soon, allowing developers to co-create applications using Soneium’s technology. The mainnet will follow, enabling users to access a wide range of Web3 services.
Sony SBL, a joint venture between Sony Group and Singapore-based Startale Labs, has declared that Soneium will be a public blockchain with an open network, accessible to users globally.
The platform will leverage the Optimism blockchain ecosystem’s OP Stack, a customizable and flexible toolkit that allows developers to build their own networks. This will enable Soneium to connect with other networks in the same ecosystem through the “Superchain.”
Soneium has announced partnerships with several industry leaders, including Astar Network, Optimism, Alchemy Platform, Circle, GraphProtocol, and Chainlink. These partners will reportedly play a crucial role in providing the infrastructure, tools, and support necessary for developers and users on the Soneium platform.
Jeremy Allaire, CEO and Co-founder of Circle, highlighted the importance of blockchain openness and accessibility for mainstream adoption of Web3. He noted that “with bridged $USDC powering transactions on Soneium, we are redefining digital experiences for all, as part of our commitment to delivering secure and simplified Web3 experiences.”
Sony's involvement in blockchain is not limited to Soneium. The company has been exploring other Web3 technologies, including non-fungible tokens (NFTs) in its gaming division.
In March 2023, Sony filed a patent for an “NFT framework for transferring and using Digital Assets between game platforms,” demonstrating its commitment to expanding the use of blockchain in the gaming industry.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
Author
Soumen Datta
Soumen is an experienced writer in cryptocurrencies, DeFi, NFTs, and GameFi. He has been analyzing the space for the last several years and believes there is a lot of potential with blockchain technology, even though we are still at an early stage. In his spare time, Soumen enjoys playing his guitar and singing along. Soumen holds bags in BTC, ETH, BNB, MATIC, and ADA.
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