Sony Announces Layer-2 Blockchain ‘Soneium’ in Collaboration with Startale Labs

Sony’s Web3 exploration has now come to a degree that the Japanese tech large has introduced its personal blockchain community, named Soneium. The layer-2 community is being constructed atop Ethereum in collaboration with Startale Labs, the workforce behind Astar Network. Sony has established a brand new entity referred to as Sony Block Solutions Labs (Sony BSL) to supervise the event and deployment of Soneium. This unit is a three way partnership between Sony and Startale.

The intention of this layer-2 blockchain is to attach blockchain and Web3 applied sciences to present Web3 Internet providers. A weblog printed on the official website of Soneium mentioned this blockchain is being designed on the fundamentals of ‘open Internet’ to encourage the creation of decentralised panorama for leisure, gaming, and finance sectors amongst others.

All You Need 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 mentioned, “We assume the event of a complete Web3 answer primarily based on blockchain may be very vital to the Sony Group. We will work to create various companies and new use circumstances 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, residence home equipment, and gaming. As per Sota Watanabe, Sony is trying to leverage its distribution channels in a number of industries and present customers to deliver blockchain tech to extra individuals.

According to the Soneium weblog, Sony won’t solely assist present blockchain usecases however may also “contemplate new providers which might be linked to companies inside the Sony Group to create use circumstances that may stimulate the curiosity of people that have by no means used Web3 providers, and to assist the enlargement of creativity and engagement with fan communities by means of Web3 know-how.”

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

In the approaching days, the Soneium testnet shall 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 develop our ecosystem,” the weblog famous.

The deal with of Soneium on X was created in February this yr and it’s presently adopted by practically 4,000 followers. The updates round Soneium are being posted for public consciousness by means of this channel.

Sony’s History with Web3

Sony forayed into Web3 in 2023 when it joined forces with Astar Network to launch a Web3 incubation hub.

In July 2024, the tech large floated the concept of resuming the operations of an acquired Japanese crypto agency, WhaleFin.

Most lately, Sony Bank launched an NFT app referred to as ‘Connect’. This app permits clients to carry, commerce, and gather digital collectibles, all by means of their telephone.