Sony Announces Layer-2 Blockchain ‘Soneium’ Built on Ethereum

Sony Announces Layer-2 Blockchain ‘Soneium’ Built 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 staff behind Astar Community. Sony has established a brand new entity known 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 purpose of this layer-2 blockchain is to attach blockchain and Web3 applied sciences to current Web3 Web companies. A weblog printed on the official web site 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 expect the event of a complete Web3 resolution based mostly on blockchain may be very vital to the Sony Group. We are going to work to create numerous companies and new use instances that may solely be loved by means of Web3.”

For many years now, Sony has established itself throughout a number of verticals, which embody leisure, devices, dwelling 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 carry blockchain tech to extra folks.

In accordance with the Soneium weblog, Sony is not going to solely assist current blockchain usecases however will even “think about new companies which are linked to companies throughout the Sony Group to create use instances that may stimulate the curiosity of people that have by no means used Web3 companies, and to assist the enlargement of creativity and engagement with fan communities by means of Web3 expertise.”

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

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

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

The deal with of Soneium on X was created in February this 12 months 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 not too long ago, Sony Financial institution launched an NFT app known as ‘Connect’. This app permits prospects to carry, commerce, and acquire digital collectibles, all by means of their cellphone.







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