Alchemy

Astar

Block

Enhance

Optimism

The Japanese electronics and gaming giant, Sony,&nbsp;<a style="text-decoration:none" href="https://www.sony.com/en/SonyInfo/News/Press/202408/24-029E/" rel="noopener noreferrer nofollow">announced</a> Soneium, an Ethereum Layer-2 network built on Ethereum. This new blockchain platform aims to accelerate Web3 innovation and bring blockchain technology to the mainstream.&nbsp;
<blockquote>
 “Soneium aims to create a world where everyone is a creator, transcending cultural differences and bringing people together with diverse values,” said Sota Watanabe, Director of Sony Block Solutions Labs.
</blockquote>
The blockchain is expected to go live in the next few days and aims to bridge the gap between Web3 innovation and consumer applications across various sectors, including entertainment, finance, electronics, and gaming.
<h2 dir="ltr" id="span-span-bringing-web3-to-the-mainstream-span-span">Bringing Web3 to the Mainstream</h2>
Soneium aims to make blockchain technology more accessible to a wider audience by integrating Sony's distribution channels. This includes gaming, finance, entertainment, and more, where blockchain’s potential can be fully realized.
&nbsp;
For developers and creators, Soneium will provide a user-friendly environment with efficient, cost-effective tools to build and deploy applications.&nbsp;
&nbsp;
A testnet for app developers is set to launch soon, allowing developers to co-create applications using Soneium’s technology. The mainnet will follow, enabling users to access a wide range of Web3 services.
<h2 dir="ltr" id="span-span-a-collaboration-to-drive-web3-adoption-span-span">A Collaboration to Drive Web3 Adoption</h2>
Sony SBL, a joint venture between Sony Group and Singapore-based Startale Labs, has declared that Soneium will be a public blockchain with an open network, accessible to users globally.&nbsp;
&nbsp;
The platform will leverage the Optimism blockchain ecosystem’s OP Stack, a customizable and flexible toolkit that allows developers to build their own networks. This will enable Soneium to connect with other networks in the same ecosystem through the “Superchain.”
<h2 dir="ltr" id="span-span-strategic-partnerships-to-enhance-soneium-s-impact-span-span">Strategic Partnerships to Enhance Soneium's Impact</h2>
Soneium has&nbsp;<a style="text-decoration:none" href="https://x.com/soneium/status/1826832599064383850" rel="noopener noreferrer nofollow">announced</a> partnerships with several industry leaders, including Astar Network, Optimism, Alchemy Platform, Circle, GraphProtocol, and Chainlink. These partners will reportedly play a crucial role in providing the infrastructure, tools, and support necessary for developers and users on the Soneium platform.
&nbsp;
Jeremy Allaire, CEO and Co-founder of Circle, highlighted the importance of blockchain openness and accessibility for mainstream adoption of Web3. He noted that “with bridged $USDC powering transactions on Soneium, we are redefining digital experiences for all, as part of our commitment to delivering secure and simplified Web3 experiences.”
<h2 dir="ltr" id="span-span-a-vision-for-the-future-of-web3-span-span">A Vision for the Future of Web3</h2>
Sony's involvement in blockchain is not limited to Soneium. The company has been exploring other Web3 technologies, including non-fungible tokens (NFTs) in its gaming division.&nbsp;
&nbsp;
In March 2023, Sony&nbsp;<a style="text-decoration:none" href="https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/20240066408" rel="noopener noreferrer nofollow">filed a patent</a> for an “NFT framework for transferring and using Digital Assets between game platforms,” demonstrating its commitment to expanding the use of blockchain in the gaming industry.

Sony Unveils Ethereum Layer-2 Blockchain 'Soneium' to Accelerate Web3 Adoption

Table of Contents

BSCN

Other articles published on Aug 27, 2024

Strategies to Elevate Your Cryptocurrency Brand

Breaking: BlackRock Rolls Out Ethereum ETF In Brazil Via BDR

Pepe Coin Faces Potential Market Volatility

REDO token spikes 159% in three days following Durov’s arrest

China Recognizes "Virtual Asset" Transactions in New AML Law Interpretation Amid Crypto Unban Rumors

X updates AI chatbot Grok amid election misinformation concerns

Join our free newsletter for daily crypto updates!