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    Can Sony and Microsoft carry blockchain to gaming consoles?

    Latest News

    Sony (NYSE:) and Microsoft (NASDAQ:), two of the most important names in gaming, have been making vital strikes in the direction of blockchain know-how lately. This is a crucial growth, because it has the potential to not solely revolutionize the gaming business however it may very well be the Computer virus that makes blockchain a mainstream chance.

    Sony has filed a patent for a system permitting gamers to switch digital property between PlayStation titles utilizing blockchain know-how. This might allow unified progress and asset possession throughout totally different video games slightly than having property locked to particular person video games. Sony has additionally explored tokenizing in-game property, permitting gamers to promote and commerce them on secondary markets.

    The gaming market might develop by greater than 10% between 2022 and 2025, in response to some estimates. Supply: Newzoo.

    Olga Vorobyeva is the founding father of Vox Consulting, a blockchain advisory agency, and a former head of selling at SwissBorg, a crypto wealth administration platform. She is a founding member of the Swiss Blockchain Affiliation and advisor to startups in Switzerland’s “Crypto Valley.” She additionally serves as a mentor to the Alchemist startup accelerator. She holds a grasp’s diploma from the Plekhanov College of Economics and a certificates in administration from The Wharton College of Enterprise.

    See also  Cathie Wooden’s ARK, 21Shares file for spot ethereum ETF

    Proceed Studying on Cointelegraph

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