Sony Group Launches Soneium Blockchain-February 2024-www.financetom.com

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Sony Group Launches Soneium Blockchain

Aug 23, 2024 3:32 AM

06:03 AM EDT, 08/23/2024 (MT Newswires) -- Sony Block Solutions Labs, a subsidiary of Sony Group ( SONY ) , announced the development of Soneium, a blockchain network intended to support Web3 applications, according to a statement from the electronics maker.

The company plans to make the network available to the public and aims to attract app developers in sectors including entertainment, gaming and finance.

Sony ( SONY ) said it will provide comprehensive Web3 solutions from the infrastructure to the application layer, rather than just providing partial services.

The company is also planning to soon release a testnet for app developers to co-create applications using Soneium's technology.

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