What to Expect from Soneium Blockchain

Another global conglomerate is preparing to establish a strong presence in the competitive Web3, Blockchain, and Crypto sector. Sony Group’s Soneium has created some striking headlines, creating excitement in the entire Web3 community. What’s Sony’s Web3 plan? Let’s see!

Soneium: Sony Group’s Ethereum Layer-2 blockchain

Soneieum is the first attempt of Sony to launch an Ethereum Layer-2 blockchain. Supporting Web3 applications is its primary target. It specifically focuses on applications in sectors like entertainment, gaming, and finance. Considering Sony’s global dominance in some of these sectors, the organization may be able to make a huge impact with the new move.

Potential Impact of Sony’s Soneium

Web3 is at present in the beginning stage. To grow beyond where it stands now, it is required to invest more on the infrastructures, which can facilitate that growth, like blockchains. Sota Wantanable, the founder of Astar Network, and a Director of Sony Block Solutions Labs, recently expressed his hope that Soneium may make Web3 technology more mainstream. The said opinion has been received well by the Web3 community, as many Web3 enthusiasts have made similar statements.

Soneium’s Testnet Launch: What to Happen 

The testnet of Sony’s first Ethereum Layer-2 blockchain is expected to be launched in the near future. The launch data has not yet been publicly announced. As per what we have learned from some sources close to the organisation, details on developer tools and requirements will be relieved in a few weeks. 

Sony’s Crypto Exchange in Japan: What We Know Right Now 

There are rumours that Sony has big plans for the cryptocurrency sector too. If these rumours can be believed, in the near future we can expect the launch of a cryptocurrency trading platform in Japan by Sony. Recently, Sony acquired a Japanese local trading platform, WhaleFin. Many see this as the organization’s strategy to make a big move in the sector.

In conclusion, what we hear from Japan related to the Web3, Blockchain and Cryptocurrency sector is inspiring. There are chances that inspired by Sony, many conglomerates from Japan may relook their Web3 investment strategy. If things progress in that direction, Japan may see a Web3 revolution soon.

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