Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching "Soneum," a general-purpose blockchain platform.
Sony has officially launched its Ethereum Layer 2 platform, Soneium, following a testing period that lasted four months and drew in over 14 million users, the company announced Monday.
Developed by subsidiary Sony Block Solutions Labs (Sony BSL), the platform is designed to simplify blockchain interactions for creators and their audiences through tools like NFT-based fan engagement systems and an incubator program called Soneium Spark.
Its testnet phase began in August last year and processed some 47 million transactions, according to figures from Blockscout.
Sony’s Layer-2 Blockchain “Soneium” Goes Live
The team behind Sony Block Solutions Labs (SBSL), a joint project between Sony Group and Singapore-based Startale Labs, describes Soneuim — technically a layer-2 network atop Ethereum — as "a versatile general-purpose blockchain platform" built to support a diverse ecosystem of gaming, finance and entertainment apps.
According to SBSL, the launch comes after a four month-long test period that involved participation from 14 million wallets.
Sony’s public blockchain platform Soneium launches on mainnet
Sony Block Solutions Labs, the multinational conglomerate's blockchain subsidiary based in Singapore, announced today the mainnet launch of Soneium blockchain.
Soneium's mainnet launch follows the Ethereum-based Layer 2's testnet debut in August last year, which has seen 15.4 million active wallet addresses and over 50 million total transactions to date.
“Soneium is a public blockchain—an open network that welcomes everyone without limitations,” Sony BSL wrote in a press release.