Entertainment giant Sony Group develops new Ethereum (ETH) Layer-2 solution ‘Soneium’

Electronics and leisure titan Sony is creating a brand new Ethereum (ETH) layer 2 blockchain known as ‘Soneium’.

In a current press launch, Sony Group says announce the event of Soneium as a method to enterprise additional into the world of web3.

In accordance with Sony, benefiting from blockchain expertise will ship a extra streamlined, safe and decentralized expertise for customers.

“By creating blockchain, the essential infrastructure of web3, we will present complete web3 options from the infrastructure to the applying layer, as a substitute of offering solely partial companies.

Finish customers will entry Soneium by purposes suitable with the Soneium community, and can be capable of work together with web3 video games and NFT (non-fungible token) marketplaces supplied by every app, in addition to entertainment-related companies.

Moreover, Sony notes that with Soneium it’s going to deal with introducing new customers to web3 and supporting content material creators.

“We’ll work to create use instances that may pique the curiosity of people that have by no means used web3 companies earlier than. Soneium’s web3 expertise can help the enlargement of creators’ potential and strengthen engagement with fan communities.

Particularly, we’ll discover defending the rights of content material created by creators, new income return mechanisms to help creators and followers, and alternatives for creators to function within the digital and actual world .”

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

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

Do not miss a beat – Subscribe to obtain e mail alerts straight to your inbox

Verify value motion

Comply with us additional X, Facebook And Telegram

Surf to the Every day Hodl combine

Generated picture: Midjourney