Sony, the leading Japanese electronics company behind PlayStation, is launching its own blockchain project to create a seamless Web3 onboarding experience.
On Friday, August 23, Sony introduced the new layer-2 network, “Soneium.” It describes it as a foundational public blockchain for the Web3 ecosystem. Notably, the network is built as a layer-2 network atop the Ethereum, leveraging Optimism’s tech.Â
Soneium has emerged through a collaborative effort between Sony Group and Startale Labs, dubbed Sony Block Solutions Labs.
Why Soneium is NeededÂ
In the release, the company highlighted the current state of the internet, noting that while it has brought about unprecedented convenience, it has also led to the centralization of vast amounts of information and economic power online.
According to Sony, Web3 technology offers a solution to this issue by enabling the decentralization of power. However, the company also acknowledged that Web3 faces significant challenges.Â
They include a limited user base where adoption is primarily confined to a niche community and a lack of mainstream use cases that have yet to gain widespread traction.Â
As a result, Sony stressed that creating compelling, “killer” use cases is eagerly anticipated. The tech giant believes its latest initiative may be a step towards addressing this need.
Seamless Web3 Onboarding with SoneiumÂ
Sony sees Soneium as the foundational blockchain for Web3 services, designed for open access and widespread participation. End-users can interact with Soneium through compatible applications, accessing services like games, NFT marketplaces, and entertainment.
These apps will leverage blockchain for decentralized and autonomous management of user activity and data, accessible via digital wallets for a seamless experience.
Meanwhile, Sony plans to launch a Soneium testnet for developers. This collaborative platform will allow developers to co-create applications that leverage Soneium’s technology.
This testnet will be open to developers both within and outside the Sony Group and will ultimately pave the way for the public launch of Soneium’s mainnet. Once live, users can access a wide range of applications and Web3 services.
Ultimately, Sony sees a future where Web3 services become integral to people’s daily lives. To achieve this, the company plans to leverage its Web3 capabilities, including the crypto asset trading service, to add new value to its existing businesses and intellectual properties.
By doing so, Sony aims to create user-friendly applications that can be easily adopted by individuals who may not have prior experience with Web3. The goal is to create a world where Web3 is not just a niche technology but a seamless and integral part of everyday life.
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