SNEAK PEEK
Sony launches Soneium blockchain to attract Web3 developers in various industries.
Soneium partners with Web3 giants like Optimism and Circle for enhanced blockchain capabilities.
Sony’s Web3 strategy includes NFT integration and aligns with Japan’s pro-Web3 stance.
A start-up co-created by Sony Group and Startale Labs, Sony Block Solutions Labs, has unveiled an Ethereum layer-2 named Soneium to onboard entertainment, gaming, finance Web3 developers into the blockchain ecosystem. This is a crucial step in Sony’s ongoing journey to weave Web3 into its digital outreach and may help drive the acceptance of decentralised apps.
We're gearing up for our testnet launch, which will provide developers with their first hands-on experience with Soneium.
Official @Sony release: https://t.co/rt5AVO2LGS
In the coming weeks, we'll release detailed technical documentation and initial developer tools and SDKs.…
— Soneium (@soneium) August 23, 2024
In cooperation with the Astar Network, the Soneium testnet will be launched to allow developers to launch and test dApps. It has received the support of several Web3 firms including Optimism, Circle, Alchemy, The Graph, and Chainlink, who have signed as technology partners of Soneium.
These partnerships are expected to bolster the blockchain’s functionality, providing developers with the tools to navigate global regulations and build compliant applications.
According to Sony Block Solutions Labs, the Soneium testnet will feature built-in tools that assist developers in adhering to global compliance standards, making it easier to develop applications that meet regulatory requirements.
The emphasis on such matters, namely legal compliance, is likely to be important for developers looking to build legally cogent applications, which may explain Soneium’s appeal.
Sony’s entry into blockchain is parasitic to an increasing trend by the firm to apply Web3 in its different segments. In 2023, the video game division of Sony, the world’s biggest gaming company, patented a ‘NFT framework for transferring and using Digital Assets between game platforms. ’
This move is meant to allow gamers to get more utilization of things acquired inside games across various platforms, and it is an indication of Sony’s intent for its services to incorporate web 3 technologies.
Apart from internal efforts, the company also gets support from Japan’s favourable approach to Web3. The Japanese government, particularly the Ministry of Economy, Trade, and Industry, is promoting domestic investments in Web3 startups by permitting limited partnership firms to invest in crypto assets. This is a national trend that is good for sony which creates a favourable environment for its blockchain plans.
The post Sony Ventures Into Blockchain with Soneium to Attract Web3 Developers appeared first on Today NFT News.
