Sony announces the launch of its public blockchain Soneium in partnership with Startale Labs
08/26/24, 5:05 AM
Location
singaporeIndustry
cryptocurrency
blockchain
Sony Corporation has unveiled its own public blockchain, Soneium, in collaboration with Singapore-based Web3 firm Startale Labs. The new layer-2 network, built on Ethereum, is set to go live on a test network and will leverage optimistic roll-up technology to enable cost-effective transactions. This strategic move reinforces Sony's commitment to integrating Web3 and blockchain technology into its product ecosystem, with plans to onboard Sony's products and eventually expand to integrate enterprises and general dapps.
Company Info
Company info
Sony Corporation is a multinational conglomerate corporation with its headquarters in Tokyo, Japan. It is one of the leading manufacturers of electronic products for the consumer and professional markets. The company's diverse business includes consumer and professional electronics, gaming, entertainment, and financial services.