
Sony has made a significant foray into the world of blockchain technology by launching its Layer-2 blockchain platform, Soneium. This marks a major milestone for the 78-year-old tech giant as it enters the competitive blockchain space.
Built on Ethereum using Optimism’s OP Stack, Soneium aims to bridge the gap between Web2 and Web3. The platform will focus on gaming, finance, and entertainment applications, with a user-friendly design that seeks to make blockchain interactions seamless for creators, fans, and communities.
During its four-month testing phase, over 14 million wallets participated, showcasing the potential of Soneium in the market.
The move highlights the increasing interest of traditional tech firms in blockchain technology. This is not an isolated incident as companies like Coinbase and Kraken have also adopted the OP Stack for their networks, benefiting from substantial grants by the Optimism Foundation.
With its entry into the blockchain space, Sony demonstrates a commitment to innovation and expansion.
Source: coinpedia.org