Yahya 
First Ethereum Layer-2 blockchain Soneium has been revealed by Sony Group‘s joint blockchain venture with Startale. Targeting general acceptance across several industries, Soneium seeks to improve scalability and user-friendliness.
Leveraging Sony’s worldwide Web2 footprint, Soneium is meant to provide Web3 apps in entertainment, gaming, and banking. Key components for the success of the platform, according to Sota Watanabe, Director of Sony Block Solution Labs and Founder of Astar Network, are Sony’s strong distribution channels and everyday user interaction.
Soneium‘s launch date is still unknown, but the company is aggressively getting ready for a testnet release. In the next weeks the platform will publish technical information and developer tools. The zkEVM of Astar Network will interface with Soneium to improve the initial liquidity of the blockchain during the testnet stage.
Future applications of Soneium will involve safeguarding creator-generated material rights and setting equitable profit-sharing policies between artists and supporters.
Further extending Sony’s blockchain and crypto activities is apparently its preparation to open a local bitcoin trading platform in Japan.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.