• About
  • Advertise
  • Contact
Wednesday, July 9, 2025
  • Login
No Result
View All Result
NEWSLETTER
The NY Journals
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
  • Home
  • Business
  • Technology
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Politics
  • Trending
No Result
View All Result
The NY Journals
No Result
View All Result
Home Politics

Sony’s NFT Patent Highlights Major Step To Bring PlayStation To Web3

by Sarkiya Ranen
in Politics
Sony’s NFT Patent Highlights Major Step To Bring PlayStation To Web3
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Sony Interactive Entertainment (SIE) filed a new non-fungible token (NFT) patent, highlighting its major step in bringing its video gaming arm Playstation to the new iteration of the World Wide Web, the Web3.

Despite the waning popularity of Non-Fungible Tokens, Sony, a known video gaming brand, is one of the leading giants that keep on pushing NFTs even behind the scenes, and its latest patent filing underlines its push to revolutionize the gaming experience as the world embraces emerging technology.

The patent filed by the gaming juggernaut intends to make assets more interoperable between hardware like consoles, Virtual Reality (VR) headsets, and even computers, aside from smooth interoperability between different 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,” the patent read. “Additionally, or alternatively, […] readable via different video game platforms such as for example, PlayStation and Xbox,” it added.

Titled “NFT Framework For Transferring And Using Digital Assets Between Game Platforms,” it explores the possibility of NFTs being played with and moved between games while at the same time allowing players to benefit in various games.

“Current systems are technologically inadequate for the owner to use the asset across different games and platforms,” Sony’s patent filing noted. “Accordingly, as further recognized herein, the functionality of the game may be enhanced by enabling gamers and/or spectators to exclusively use the asset and possibly transfer its rights to others via NFT,” it added.

The application was submitted in September 2021 in the United States and was published just last week.

According to Sony, if a player beats a certain boss in the game, he could be rewarded with a special NFT that gives him a unique or rare weapon, or any other reward like in-game skins, artwork, avatars, weapons, or even “video game skills.”

While Sony appears optimistic about this idea, it raises the question of fairness, considering game press, content creators and social media influencers get early access to games.

It is worth noting that this is not Sony’s first attempt to establish a framework for non-fungible token gaming assets. A patent published in November last year revealed that the Japanese gaming titan was looking into the possibility of capitalizing on the surging eSports industry with a wide range of in-game digital collectibles.

Sony reported around 112 million PlayStation Network users by the end of 2022.

PlayStation Network includes online-linked players of its new generation gaming console PS5 as well as older generation consoles and handheld hardware.

Reuters



Source link

Tags: BringHighlightsMajorNFTPatentPlayStationSonysStepWeb3
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Next Post
Explained: What Is CBuD Application, Set To Be Launched By PM Modi

Explained: What Is CBuD Application, Set To Be Launched By PM Modi

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

“Didn’t Give Them Light”: Hamas Hostages’ Accounts Of Hunger, Darkness

“Didn’t Give Them Light”: Hamas Hostages’ Accounts Of Hunger, Darkness

2 years ago
India vs Bangladesh LIVE Score, 2nd Test, Day 1: Inspection Over; Toss And Start Time Revealed | Cricket News

India vs Bangladesh LIVE Score, 2nd Test, Day 1: Inspection Over; Toss And Start Time Revealed | Cricket News

9 months ago

Popular News

    Connect with us

    The NY Journals pride themselves on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

    Transcending the bounds of New York City to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

    NEWS

    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Real Estate
    Instagram Youtube

    © 2025 The New York Journals. All Rights Reserved.

    • About Us
    • Advertise
    • Contact Us
    No Result
    View All Result
    • Home
    • Business
    • Technology
    • Entertainment
    • Sports
    • Lifestyle
    • Health
    • Politics
    • Trending

    Copyright © 2023 The Nyjournals

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In