Business News Report
March 20, 2023

Sony to Register a Patent for NFT Transferring Between Game Platforms

sony to register a patent for nft transferring between game platforms

Japanese tech giant Sony Interactive Entertainment Inc. has registered a patent for NFT systems. The patent filing, published on March 16, is called “NFT Framework For Transferring And Using Digital Assets Between Game Platforms.”

So, Sony might soon implement non-fungible tokens into its games and PlayStation. Blockchain technology in video games will allow users to win exclusive skins and items. According to the company’s description, users will receive special NFTs once they reach certain levels and score or accumulate points. Notably, the tokens will be transferable, so holders will be able to sell or exchange them. Players will also have the possibility to use NFTs on different gaming platforms. 

“In some example embodiments, the task may include a victory in an e-sports tournament, and the digital asset may be usable via the NFT by the first end-user entity across plural different computer simulations. The plural different computer simulations may include different annual versions of a particular video game title, different video games of different game genres, and/or different execution instances of the same video game,”

explains the patent filing description. 
Sony

While it’s unclear if or when Sony plans to implement blockchain technology into its video games, the patent filing shows that the company is at least exploring the possibilities of NFTs. 

In November 2022, Sony filed another NFT-related patent titled “Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger.” The assets in question could be digital media assets, items, or game characters. 

In September 2022, the company also introduced “PlayStation Stars,” a loyalty scheme that allowed gaming fans to receive rewards by completing activities. However, the initiative had nothing to do with NFTs. In fact, the new patent application might elevate players’ experience, as it enables the organization to reward players transparently. More than that, the technology will allow users to trade tokens, which is not possible with “PlayStation Stars.”

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About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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