- Sony launches Soneium blockchain to drive mainstream adoption of Web3.
- Soneium focuses on scalability, built on the Optimism Superchain.
- The deployment of Soneium will take place in three phases: developer integration, Sony product integration and expansion to businesses.
Sony has officially entered the blockchain arena with the launch of its own network, Soneium, developed in collaboration with Singapore-based Startale Labs.
The initiative, unveiled on August 23, marks an important step in Sony’s strategy to bring Web3 technology to the mainstream.
Presentation #Soneium by #Sony Block Solutions Labs is building a next-generation, Layer 2 public Ethereum blockchain ecosystem designed to invoke emotion and foster creativity.
Soneium aims to connect Web3 to everyday internet services, making blockchain technology more… pic.twitter.com/I7zAIbB5Td
— Soneium (@soneium) August 23, 2024
The Soneium blockchain
Soneium is designed as a public Layer 2 Ethereum network, built on the Optimism Superchain. It aims to overcome some of the most pressing challenges hindering blockchain adoption, such as scalability and efficiency.
Soneium’s infrastructure has been backed by industry leaders including Circle, Chainlink, Alchemy, Astar Network, and The Graph.
The blockchain will initially target developers and Web3 enthusiasts. According to Startale Labs CEO Sota Watanabe, the first year will be dedicated to onboarding these key users. Over the next year, Sony plans to integrate a range of its own products, such as Sony Music, Sony Pictures, and Sony Bank, into the platform.
By year three, the company aims to open Soneium to other businesses and decentralized applications (dApps), creating a diverse ecosystem that encourages broader adoption.
Soneium Test Network
Alongside the launch of the Soneium blockchain, Sony has rolled out a Soneium testnet in partnership with Astar Network. This testnet will provide developers with a comprehensive framework and integrated tools, allowing them to experiment and build applications before the public release.
Astar’s zero-knowledge Ethereum virtual machine (zkEVM) will also be integrated into Soneium, enhancing its capabilities with features such as liquidity provision and support for fungible and non-fungible tokens (NFTs).
Sony aims to achieve Internet-level scalability
Sony’s foray into blockchain is not unprecedented. The company previously acquired crypto exchange Whalefin, which has since been renamed like S.BLOX.
In 2018, Sony embarked on creating a blockchain-based rights management system for digital content. In 2023, Sony Network Communications, a business division of Sony Group, announced a strategic partnership with Astar Network to establish a Web3 incubation program.
Sony’s ambitious plans for Soneium reflect its belief in blockchain as a…
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