Sony’s 2021 patent application for a system that tracks digital assets in video games using NFTs has recently been made public.
The Japanese technology conglomerate points to the global popularity of gaming, and players who want to own unique items associated with their favorite celebrities, activities, and esports tournament winners as the reason behind the patent application.
According to Sony, there is no way to differentiate a specific instance of an in-game item that a famous player of the video game used to win a famous tournament in traditional video games.
Known for its PlayStation gaming consoles, Sony now wants to use a distributed ledger, or blockchain, to record digital media assets, gameplay, and video clips. Sony also wants a unique token for the digital item with a unique identifier and metadata that identifies the properties of the digital asset.
While the filing is only for a patent, it shows Sony is interested in entering the growing NFT gaming field.
In May 2022, Sony partnered with Theta Labs to launch a collection of 3D NFTs. The limited-edition NFT collection is viewable on the Sony tablet-style device, Spatial Reality Display.


SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 



