Sony tries to patent NFT and blockchain technology usage in games

United States News News

Sony tries to patent NFT and blockchain technology usage in games
United States Latest News,United States Headlines
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Japanese gaming giant Sony Interactive Entertainment is trying to patent a system for tracking unique in-game digital assets using tokens on a distributed ledger.

, which was filed last year. It suggests Sony is looking at how to incorporate NFTs and blockchain into its games.

If that sounds like technology already used by every blockchain game in existence, the patent office appears to think so too. The patent in its present form has already been rejected for failing to"integrate the abstract idea into a practical application." It will need an update if Sony wishes to continue the process.

Sony has previously explored using blockchain technology for music copyright management and education but this is the first hint that it’s interested in how it might be used in gaming.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Zash: New Models for NFT Marketplaces | CoinMarketCapZash: New Models for NFT Marketplaces | CoinMarketCap2021 saw the rise of NFTs 🚀 In today's research column, zash_api looks at three new entrants to the NFT marketplace space — Sudoswap, Hadeswap and Blur, and how these names compare to OpenSea and Magic Eden 🔎
Read more »

Nike unveils NFT platform: Nifty Newsletter, Nov. 9–15Nike unveils NFT platform: Nifty Newsletter, Nov. 9–15OpenSea enforces royalties on all collections while a tool allows layer-2 networks to showcase NFTs on verified apps. All that and more in this week’s NFT newsletter!
Read more »

NFT-Linked Sandals Worn by Steve Jobs Sell for $218,000NFT-Linked Sandals Worn by Steve Jobs Sell for $218,000The Birkenstock sandals, which were worn by Steve Jobs 'during many pivotal moments in Apple's history,' according to JuliensAuctions, came with an exclusive 1-of-1 NFT minted on 0xPolygon. rosieperper reports
Read more »

Santigold Is Trading Touring for Web3 With an NFT Fan ClubSantigold Is Trading Touring for Web3 With an NFT Fan ClubFans can unlock exclusive video content and other perks through Web3 technology platform Medallion.
Read more »

Why NFT Tax-Loss Harvesting Remains a Challenge for InvestorsWhy NFT Tax-Loss Harvesting Remains a Challenge for InvestorsUntil clarity is provided on if and how the IRS expects traders to realize losses on illiquid tokens, NFT tax-loss harvesting will remain one of the murkiest areas of crypto taxes, TokenTax's zac_tweet writes. Opinion TaxWeek, sponsored by koinly
Read more »



Render Time: 2025-03-13 03:05:55