Sony enables cross-system NFT trading for its PlayStation users!

Minty_Annn

03/20

Sony Interactive Entertainment has filed a patent titled 'NFT Framework for Transferring and Using Digital Assets Between Game Platforms,' indicating that the company is exploring ways to incorporate non-fungible tokens (NFTs) and blockchain technology into video games.

The patent proposes a framework that would enable the seamless transfer of digital assets between game platforms, allowing users to trade assets across different games and platforms. The patent also mentions the support for selling NFTs to other players through a digital ledger-powered marketplace that lists prices publicly. Sony has also filed an alternative patent outlining its plans to rent NFTs to players and stream viewers. While the existence of this intellectual property does not guarantee its implementation, it highlights Sony's continued interest in NFTs and blockchain technology.

This technology could significantly impact the gaming industry by allowing players to trade digital assets securely and providing game developers with the opportunity to monetize their game's assets. Sony Interactive Entertainment files close to a thousand patent applications annually, and the company has already been awarded over 170 patents in the first quarter of 2023, according to the USPTO database.

Read more: https://nftevening.com/sony-introduces-cross-system-nft-trading-for-playstation-users/

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