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Entertainment Giant Sony Group Develops New Ethereum (ETH) Layer-2 Solution ‘Soneium’

by n70products
August 24, 2024
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Electronics and leisure titan Sony is creating a brand new Ethereum (ETH) layer-2 blockchain referred to as “Soneium.”

In a current press launch, Sony Group is announcing the event of Soneium as a way of additional venturing into the world of web3.

In line with Sony, profiting from blockchain know-how will give a extra streamlined, safe and decentralized expertise for customers.

“By creating blockchain, which is the fundamental infrastructure of web3, we can present complete web3 options from the infrastructure to the appliance layer, fairly than simply offering partial companies.

Finish customers will be capable of entry Soneium by means of purposes which might be appropriate with Soneium’s community, and can be capable of work together with web3 video games and NFT (non-fungible token) marketplaces offered by every app, in addition to entertainment-related companies.”

Moreover, Sony notes that with Soneium, it can give attention to onboarding new customers to web3 and supporting content material creators.

“We are going to work to create use instances that may spark the curiosity of people that have by no means used web3 companies. Soneium’s web3 know-how can help the growth of creators’ potential and strengthen engagement with fan communities.

Particularly, we are going to discover defending the rights of content material created by creators, new mechanisms for returning income to help creators and followers, and alternatives for creators to be lively throughout the digital and actual worlds.”

Sony goes on to say {that a} Soneium testnet shall be launched quickly, although no particular date was given.

In July, it was introduced that Sony Group purchased Japanese digital asset agency Amber Japan, with plans to revamp and develop its crypto change platform.

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Tags: DevelopsEntertainmentETHEthereumGiantGroupLayer2SolutionSoneiumSony
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