Playstation’s published patent hints at blockchain NFTs

Playstation’s published patent hints at blockchain NFTs

Sony, the creator of Playstation, recently published a patent indicating it is researching blockchain technology and NFTs. The company hasn’t officially revealed anything about it as of now.

Playstation might be jumping on the NFT bandwagon soon. The patent was originally filed in 2021 but it was just published publicly titled “Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger.”

Last year, there was a sudden surge in NFT popularity in the market, so every big company was signing up to experiment with blockchain technology and NFTs.

PlayStation might be planning to integrate non-fungible tokens in its system including visuals, ownership, and metadata. The company wants to add trading of digital assets as well.

Based on the report, two networks were mentioned: Ethereum and Cardano. This means as of now if the platform does launch this feature only NFTs from these two blockchains will be available.

“Individuals often find it meaningful to own or use unique physical items related to respected celebrities or activities,” the notes read.

The note also explained the limitations of traditional games that blockchain technology could fulfill such as digital ownership of in-game assets and tracking the history of the digital assets.

Although Sony has previously denied any involvement with NFTs after seeing the extreme reaction of traditional gamers, this patent indicates PlayStation might be taking the NFT direction after all.

PlayStation refused to comment on NFTStudio24’s query about NFTs.

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