• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Sony’s NFT Patent Highlights Major Step To Bring PlayStation To Web3

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

March 22, 2023
Kate Middleton Puts a Princess-y Spin On Business Casual

Kate Middleton Puts a Princess-y Spin On Business Casual

June 6, 2023
Atlassian unveils new DevSecOps feature in Jira to bolster security prioritization

Atlassian unveils new DevSecOps feature in Jira to bolster security prioritization

June 6, 2023
2 teens who dated in the 1950s lost touch. They reignited their romance 63 years later.

2 teens who dated in the 1950s lost touch. They reignited their romance 63 years later.

June 6, 2023
MP Margaret Ferrier suspended over lockdown breach — but some Tories try to save her skin

MP Margaret Ferrier suspended over lockdown breach — but some Tories try to save her skin

June 6, 2023
SEC Sues Coinbase for Violating Securities Law, Exposing Customers to ‘Significant Risk’

SEC Sues Coinbase for Violating Securities Law, Exposing Customers to ‘Significant Risk’

June 6, 2023
New M2 Mac Studio and Mac Pro cost up to twice as much in these countries

New M2 Mac Studio and Mac Pro cost up to twice as much in these countries

June 6, 2023
Towns Submerged, Villages Evacuated As Dam Breach Floods Southern Ukraine

Towns Submerged, Villages Evacuated As Dam Breach Floods Southern Ukraine

June 6, 2023
Zelda games were always religious, but Tears of the Kingdom pushes it even further

Zelda games were always religious, but Tears of the Kingdom pushes it even further

June 6, 2023
World Bank Projects Weak Global Growth Amid Rising Interest Rates

World Bank Projects Weak Global Growth Amid Rising Interest Rates

June 6, 2023
Pope briefly at hospital for tests two months after bronchitis, returns to Vatican

Pope briefly at hospital for tests two months after bronchitis, returns to Vatican

June 6, 2023
Gebeka Int’l Boards Annecy Competition Title ‘Four Souls Of Coyote’ Inspired By Native American Creation Myth

Gebeka Int’l Boards Annecy Competition Title ‘Four Souls Of Coyote’ Inspired By Native American Creation Myth

June 6, 2023
Putin Ally Jokes Over Taking Russian Territory

Putin Ally Jokes Over Taking Russian Territory

June 6, 2023
DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

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

March 22, 2023
in News
Sony’s NFT Patent Highlights Major Step To Bring PlayStation To Web3
505
SHARES
1.4k
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.

Sony

The post Sony’s NFT Patent Highlights Major Step To Bring PlayStation To Web3 appeared first on International Business Times.

Share202Tweet126Share

Trending Posts

SEC sues Coinbase over exchange and staking programs

SEC sues Coinbase over exchange and staking programs

June 6, 2023

Kosovo open to new municipal vote in its north after unrest: FM

June 6, 2023
Hamptons realtor killed in plane crash was adopted by Trump donors when she was 40

Hamptons realtor killed in plane crash was adopted by Trump donors when she was 40

June 6, 2023
And a big welcome back to Holly! But lose the sanctimony – it’s not OK with the British public

And a big welcome back to Holly! But lose the sanctimony – it’s not OK with the British public

June 6, 2023
Military whistleblower goes public with claims US has secret UFO retrieval program: ‘Terrestrial arms race’

Military whistleblower goes public with claims US has secret UFO retrieval program: ‘Terrestrial arms race’

June 6, 2023
A Reporter Investigated Sexual Misconduct. Then the Attacks Began.

A Reporter Investigated Sexual Misconduct. Then the Attacks Began.

June 6, 2023

Copyright © 2023.

Site Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2023.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT