Sony Launches Public Blockchain Testnet and Developer Program

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Cryptodnes2024/08/28 22:15

By:Cryptodnes

Sony Block Solutions Labs, the blockchain branch of Sony, has rolled out a public testnet for its new Ethereum Layer 2 network, Soneium, which is built on the Optimism Stack (Op Stack).

Alongside this, Sony is introducing a developer program to encourage innovation on the platform.

This launch marks Sony’s deeper dive into Web3, where the company plans to leverage its expertise in entertainment, gaming, and electronics to drive blockchain adoption.

Soneium aims to offer a cost-effective solution for consumer-focused applications. Early partners experimenting with the network include Circle, Optimism, Alchemy, The Graph, Chainlink, and Astar Network.

Vitalik Buterin Addresses Ethereum Criticisms, Highlights Network Improvements

Originally a joint project with Startale Labs in 2023, Soneium is now under the development of Sony Network Communications Labs. The ASTR token will be a key component of the ecosystem on the Minato testnet.

This move highlights Sony’s commitment to integrating blockchain into its core industries, with Soneium playing a pivotal role in that strategy.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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