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

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

Altcoins By Gavin24/08/2024
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Sony Electronics, a leader in electronics and entertainment is creating a new Ethereum.ETH) layer-2 blockchain called “Soneium.”

Sony Group recently released a statement that stated: announcing Soneium is a way to further explore the web3.

Sony claims that blockchain technology can provide a decentralized, streamlined and secure experience to users.

By developing the blockchain infrastructure, the web3’s basic foundation, we can provide more comprehensive solutions, from infrastructure through to application layers, than only partial ones.

End users will be able to access Soneium through applications that are compatible with Soneium’s network, and will be able to interact with web3 games and NFT (non-fungible token) marketplaces provided by each app, as well as entertainment-related services.”

Sony also notes that Soneium will be focusing on onboarding users of web3 as well as supporting content producers.

“We’ll create use-cases that will spark interest in people who never have used web3 before. Soneium’s web3-technology can help creators expand their potential and engage with fans.

“We will look at protecting creators’ rights, developing new methods of distributing profits back to creators, fans and creators as well, and exploring opportunities for them to participate in both the real and digital worlds.

Sony continues to state that Soneium will launch a testnet soon. However, no date has been given.

Sony Group announced in July that it would be renaming itself Sony Group purchased Amber Japan is a Japanese company that specializes in digital assets. It plans to expand and redesign its platform for crypto trading.

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Source: dailyhodl.com

Amber Japan blockchain Crypto ETH ethereum Japan layer-2 News Soneium Sony Sony Group web3
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