Sony is entering the blockchain world with a new project called “Soneium.” 2-layer network Built on top Ethereum BlockchainImproved performance and scalability using Optimism’s OP Stack technology.
Sony Launches Its Own Blockchain: Introducing ‘Sonium’
Sony, famous for its Betamax and Walkman innovations in the 1970s, is now entering the blockchain space.
Sony Block Solutions Labs, in partnership with Singapore-based Startale Labs, has unveiled “Soneium,” a new layer 2 network designed to operate on the Ethereum blockchain. The initiative represents a significant move by the tech giant to develop blockchain technology aimed at consumer applications.
Soneium will soon launch a test network. It will utilize optimistic rollup technology to facilitate more cost-effective transactions on Ethereum. The network will be built using Optimism’s OP Stack, which allows developers to build and customize their own blockchain networks while integrating with other projects in the “Superchain”.
Other major networks leveraging the OP stack include Coinbase’s “Base” and Worldcoin’s “World Chain.”
Enhanced Soneium Testnet Launch with Technology Partnerships and Compliance Features
Web3 companies such as Optimism, Circle, Alchemy, The Graph, and Chainlink are joining as technology partners for Soneium’s testnet launch. These partnerships are set to enhance Soneium’s blockchain capabilities and performance.
The Soneium testnet includes integrated tools to help developers comply with global regulations, making it easier to create legally compliant applications.
Sota Watanabe, director of Sony Block Solutions Lab, emphasized that Sonaeum aims to create a product with broad appeal by leveraging Sony Group’s extensive distribution network and established user base. “With Sonaeum, we plan to offer something that people will find valuable and that will expand beyond the Web3 niche,” he said.
The project will also explore how Soneium can be integrated with existing Web3 services and develop new solutions related to Sony Group’s business ventures.