Sony Corporation is now exploring blockchain technology and filed for a patent related to non-fungible tokens or NFT. It is looking into this area to allow transfers of digital assets between games and consoles.
It was said that Sony Corporation is making this move as it is aiming to make assets more interoperable not just between games but in hardware as well, such as computers, consoles, and virtual reality (VR) headsets. This is a blockchain technology project of the company with a focus on NFT integration for its own PlayStation console.
According to CoinDesk, as part of this project, Sony Interactive Entertainment filed for a patent that will allow transfers of NFTs between different consoles and game titles. With the new patent, users of PlayStation and other Sony products will get to experience and enjoy interoperable Web3 gameplay.
Sony's patent will allow gamers to move in-game assets to other devices, including computers, mobile phones, and tablets. It was also stated in its patent application that the NFT could be used between devices from different generations, like from the fourth generation of PlayStation console to PS5.
Moreover, the Japanese company also stipulated in its patent application that transfers of digital assets will also be possible beyond the Sony ecosystem, such as Microsoft's Xbox or cloud-based games.
"The standardized format may be readable to insert the digital asset in different computer simulations that may include different video games of different titles," Decrypt quoted Sony as saying in its patent filing. "Additionally, or alternatively, readable via different video game platforms such as, for example, PlayStation and Xbox."
Meanwhile, Sony Corporation's NFT patent application only shows it is making a Web3 path for its PlayStation gaming device. In fact, it was noted that the company has been stockpiling NFT-related patent applications recently, which points to a blockchain future for its gaming business.
Photo by: Kelsi Buck/Pixabay


BTC Slips Below $60K as Institutional Demand Dries Up — Bears Eye $59K Support, Rallies to $63K for Shorts
South Korea to End Short-Selling Ban as Financial Market Uncertainty Persists
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
Trump’s Quantum Push Lifts IBM Stock as CEO Arvind Krishna Receives White House Praise
Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom
Heineken Names JDE Peet’s CEO Rafael Oliveira as New Chief Executive
Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates
Why your retirement fund might soon include cryptocurrency
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan
Infosys Shares Drop Amid Earnings Quality Concerns
China’s Growth Faces Structural Challenges Amid Doubts Over Data




