Sony’s New Blockchain Platform Soneium
Developed by Sony’s Singapore-headquartered joint venture with Startale Labs, Sony Block Solution Labs, the new blockchain platform is described as the “infrastructure network that forms the basis of Web3”.
Established in October 2023, Sony owns 90% of the joint venture while Startale Labs holds the remaining 10% stake. The Soneium platform will serve as a public blockchain with an open network, allowing anyone to participate. According to Sony Block Solution Labs:
- Developed by Sony’s Singapore-headquartered joint venture with Startale Labs, Sony Block Solution Labs, the new blockchain platform is described as the “infrastructure network that forms the basis of Web3”.
- Established in October 2023.
- Ownership: Sony owns 90% and Startale Labs holds 10%.
- Public Blockchain with Open Network Accessibility.
Sony’s Vision for Soneium:
Jun Watanabe, Chairman of Sony Block Solution Labs, highlighted the significance of developing a comprehensive Web3 solution based on blockchain technology to enrich people’s lives and make creativity accessible to billions.
“The watershed moment for the entire Web3 industry will be whether we can truly provide solutions that millions use as a matter of course in their daily lives.” – Sota Watanabe, Director of Sony Block Solution Labs.
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