steps forward towards the adoption of blockchain

Sony Group, one of the largest multinational conglomerates in the world, has recently announced the launch of a new technology division related to blockchain that unifies all the main business divisions of the group. 

This launch comes in the wake of a 10% increase in first-quarter profits of the fiscal year, supported by strong growth in the gaming and music sectors. Sony’s diversification strategy, in place for years, is finally bearing fruit and the group is now embarking on a new adventure that could change the direction of many of its subsidiaries.

Sony Block Solutions Labs presents Soneium: the future of blockchain according to Sony

On August 23, 2024, Sony Block Solutions Labs (Sony BSL) unveiled the development of Soneium, a next-generation blockchain based on Ethereum Layer-2. This ambitious project aims to combine security and decentralization with the scalability and usability necessary for large-scale adoption. Soneium is not just a new step in the world of cryptocurrencies, but represents a significant milestone for the adoption of Web3.

The mission of Soneium is clear: to make blockchain accessible, scalable, and efficient, solving real problems. Blockchain will be the cornerstone of innovative applications ranging from entertainment to gaming, and even finance, with many other possibilities on the horizon. Sony’s entry into the blockchain world with Soneium marks a crucial moment for the adoption of Web3 on a global level.

Jun Watanabe, President of Sony Block Solutions Labs, stated:

“We believe that the development of a complete Web3 solution based on blockchain is very significant for the Sony Group, which has developed a wide range of activities with the aim of ‘Filling the world with emotion, through the power of creativity and technology’. We will work to create diversified activities and new use cases with the aim of offering value to customers that can only be appreciated through Web3 technology, making people’s lives richer and more colorful.”

The statement by Watanabe reflects Sony’s commitment to bringing decentralized innovation into the daily lives of consumers. Soneium will be the tool that allows Sony to explore new opportunities in the group’s already established sectors, such as entertainment and gaming, creating compelling use cases that will stimulate the interest of those who have never used Web3 services before.

Strategic collaborations for a robust ecosystem

Soneium is built on the basis of the Op Stack technology developed by the Optimism Foundation, a choice that ensures a scalable, EVM-compatible, and developer-friendly blockchain. Sony BSL has formed partnerships with various key players in the Web3 sector, including Optimism, Circle, Alchemy, The Graph, and Chainlink, to support the launch of Soneium’s testnet. 

These technological partnerships will help strengthen the Soneium ecosystem, enhancing its capabilities in various areas of the blockchain.

The testnet of Soneium will offer a robust and comprehensive development environment, closely mirroring the conditions of the future mainnet. The advanced capabilities of smart contracts and the scalable infrastructure will allow developers to design high-volume applications and grow their projects without any constraints.

A fundamental aspect of Soneium is its focus on global compliance. The testnet will offer integrated tools to help developers navigate the complex landscape of global regulations, facilitating the creation of compliant applications that can reach a worldwide audience. 

The objective of Soneium is not only to create advanced technology, but to bring blockchain to the general public.

The motto of Soneium, “Go Mainstream (GM) with Soneium”, is not just a catchy slogan, but it expresses a clear ambition: to bring the adoption of blockchain into the mainstream, beyond the boundaries of Web3.

A promising future

Sony Block Solutions Labs is preparing for the launch of the testnet of Soneium, offering developers their first hands-on experience with the blockchain. In the coming weeks, Soneium will release detailed technical documentation that will illustrate the complexities of the platform and all the tools and SDKs needed to start building on Soneium right away.

With Soneium, Sony Group positions itself at the forefront of technological innovation, unifying its vast experience with the opportunities offered by Web3. 

The launch of this new division and the Soneium blockchain not only strengthens Sony’s position as a technological leader, but it could also represent a breakthrough for the entire cryptocurrency and blockchain sector. Sony is demonstrating that it is ready to lead the digital future, combining creativity, technology, and a clear vision of what is to come.