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Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain ‘Soneium’

Aug 22, 2024

As a seasoned crypto investor with a keen eye for spotting promising projects, I find Sony’s foray into blockchain technology with Soneium particularly intriguing. Having witnessed the rise and fall of various technologies over the past few decades, I can confidently say that the renewed interest from mainstream companies in blockchain is a sign of maturing technology ready to make its mark.

Sony, the well-known Japanese electronics company that brought us the Betamax and Walkman back in the 1970s, is embarking on a new venture: creating their very own blockchain technology.

On Friday, Sony Block Solutions Labs, a collaboration between Sony Group and Singapore-based Startale Labs, announced the development of a novel layer-2 network built on the Ethereum blockchain named Soneium.

Mainstream businesses could potentially show increased enthusiasm towards developing consumer goods using blockchain technology, according to recent reports.

In the coming days, Sonarium – a new platform – is set to debut on a test network. This platform leverages optimistic rollup technology for cost-effective transactions across networks built upon Ethereum. It’s being developed using Optimism blockchain ecosystem’s OP Stack, an adaptable toolkit that empowers developers to build their custom networks utilizing Optimism’s tech. Notably, Sonarium will connect with other networks in the ecosystem via the “Superchain.”
Networks such as Coinbase’s “Base” and Worldcoin’s “World Chain” are examples of those that have opted for the OP Stack, which is also well-known.

‘Onboarding Web3 people’

Startale Labs is headed by CEO Sota Watanabe, who holds additional positions as director at Sony Block Solutions Labs and co-founder of the Astar Network. Originating from the Astar Foundation, Startale aided in maintaining the Astar zkEVM, which utilizes Polygon‘s Chain Development Kit (CDK). This is a competitor to the OP Stack, but it benefits from Polygon’s zero-knowledge technology.

From this point forward, Startale will channel all of its energy and assets exclusively towards Sonenium, while distancing itself from the Astar zkEVM project, as reported by CoinDesk during their recent interview with a representative from Startale, named Watanabe.

“According to a statement sent to CoinDesk, Astar zkEVM is planning to connect its resources and foundation with Sonneium, as stated by Sony Block Solutions Labs.”

As a researcher, I am focused on gradually introducing Web3 technologies to our community over the coming years. At this stage, it’s more appropriate to acclimate early adopters rather than the general public due to the current state of both the technology and the community.

However, it’s important to note that this is just an outline. Our aim is to bring on board as many enterprises as we can during the initial year, according to Watanabe.

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2024-08-23 07:09