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Sony launches Soneium: an Ethereum-based blockchain

Aug 23, 2024
  1. Soneium's Purpose and Capabilities
  2. Technological Foundation and Principles
  3. Developer Support and Collaboration

After 30 years at Sony, Jim Ryan plans to step down as the head of PlayStation in 2024. Simultaneously, Sony Group, in collaboration with Startale, has launched Soneium, a public Ethereum layer-2 blockchain, aiming to extend its presence in the blockchain industry.

Soneium's Purpose and Capabilities

Created by Sony Block Solutions Labs, Soneium aims to enhance the accessibility of Web3 technologies and seamlessly incorporate them into everyday applications. This blockchain seeks to streamline blockchain utilization and tackle prevalent challenges such as sluggish processing and exorbitant transaction fees.

Technological Foundation and Principles

Soneium leverages the Op Stack provided by the Optimism Foundation to improve scalability and efficiency while upholding Ethereum's robust security measures. Sony's objective of enriching the world with emotion through creativity and technology aligns with Soneium's design.

Developer Support and Collaboration

Soneium will facilitate cutting-edge applications in entertainment, gaming, and finance, providing novel experiences enabled by blockchain technology. Sony is committed to offering comprehensive developer support, including a testnet for meticulous testing before project deployment. The company collaborates with prominent blockchain entities like Optimism, Chainlink, Alchemy, Circle Internet Financial, and The Graph.

Soneium aims to become a primary platform for fostering innovation and enhancing user interaction by integrating a wide range of technologies and services into a unified space.

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