Sony to launch Ethereum L2 Soneium to ‘realize the open internet’
The new L2 is built with rollup tech based on the OP Stack, integrating its dApps with Sony's extensive consumer products within the next two years.
Key Takeaways
Sony's new blockchain, Soneium, is built using Optimism's OP Stack technology.
Soneium aims to integrate blockchain into Sony's consumer products within the next two years.
Sony, the Japanese multinational tech giant behind some of the most iconic consumer electronics such as the Walkman, is setting out to build its own blockchain: an Ethereum layer-2 network called “Soneium” built with rollup tech on the OP Stack.
According to the announcement made with Singapore-based Startale Labs, Sony began the joint venture to “realize the open internet,” one that, they claim, would “transcend boundaries,” echoing the ethos of decentralization.
Sony Block Solutions Labs, the joint venture between Sony Group and Startale, will develop Soneium as a public Ethereum layer-2 blockchain. The project leverages Startale’s blockchain expertise and Sony’s extensive experience in technology, content creation, finance, gaming, and consumer electronics.
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Soneium will utilize optimistic rollup technology based on the OP Stack, developed by the Optimism ecosystem. This technology allows for cheaper transactions on networks built atop Ethereum. The platform is expected to go live on a test network in the coming days.