Sony Hints at NFT, Blockchain Experimentation with Patent Filing

Sony Hints at NFT, Blockchain Experimentation with Patent Filing

Sony Interactive Entertainment has applied for patents hinting at NFT and blockchain experimentation, according to a filing published this week

Titled "Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger", the patent abstract describes a system used for tracking in-game items, characters, and digital media assets representing moments of gameplay of a video game. The brief also refers to a distributed ledger and 'blocks', though not referencing blockchain or NFTs directly. 

The Japanese conglomerate, a leader in the gaming space with its Playstation ecosystem, has previously faced backlash regarding implementing NFTs. The company launched 'Playstation Stars' in September, a loyalty program that allows users to earn rewards in the form of both digital collectibles and points, which can be redeemed for 'digital collectibles, games or digital wallet funds'. 

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.