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Entertainment Giant Sony Group Develops New Ethereum (ETH) Layer-2 Solution ‘Soneium’

Electronics and leisure titan Sony is growing a brand new Ethereum (ETH) layer-2 blockchain known as “Soneium.”

In a latest press launch, Sony Group is announcing the event of Soneium as a method of additional venturing into the world of web3.

In keeping with Sony, profiting from blockchain expertise will give a extra streamlined, safe and decentralized expertise for customers.

“By growing blockchain, which is the fundamental infrastructure of web3, we can present complete web3 options from the infrastructure to the applying layer, moderately than simply offering partial companies.

Finish customers will be capable of entry Soneium by means of purposes which might be appropriate with Soneium’s community, and can be capable of work together with web3 video games and NFT (non-fungible token) marketplaces supplied by every app, in addition to entertainment-related companies.”

Moreover, Sony notes that with Soneium, it can deal with onboarding new customers to web3 and supporting content material creators.

“We’ll work to create use instances that may spark the curiosity of people that have by no means used web3 companies. Soneium’s web3 expertise can help the enlargement of creators’ potential and strengthen engagement with fan communities.

Particularly, we are going to discover defending the rights of content material created by creators, new mechanisms for returning earnings to help creators and followers, and alternatives for creators to be energetic throughout the digital and actual worlds.”

Sony goes on to say {that a} Soneium testnet shall be launched quickly, although no particular date was given.

In July, it was introduced that Sony Group bought Japanese digital asset agency Amber Japan, with plans to revamp and increase its crypto change platform.

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