philip lelyveld The world of entertainment technology

23Aug/24Off

Sony Unveils Web3 Division and Layer 2 Network

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Announced on Aug. 23, the newly created Sony Block Solutions Labs (Sony SBL) will lead all of Sony’s blockchain and web3 initiatives. Sony also revealed that the division is developing Soneium, a public Ethereum Layer 2 network, in partnership with Startale Labs, the development team behind Astar Network.

The network leveragesOptimism’s OP Stack and supports Ethereum Virtual Machine (EVM) smart contracts. Soneium is currently preparing to launch its forthcoming testnet, and plans to release technical documentation and software development kits “in the coming weeks.”

“The new blockchain unites leading web3 projects and infrastructure pioneers, including Astar Network, Circle, Chainlink, Alchemy, and The Graph… to bridge the gap between decentralized innovation and everyday consumer applications in entertainment, gaming, and finance,” Sony SBL said.

Sony SBL said it is exploring new mechanisms for profit-sharing between creators and fans, protecting creator-generated content, and fostering interoperability across digital and real-world environments. ...

See the full story here: https://thedefiant.io/news/blockchains/sony-unveils-web3-division-and-layer-2-network

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