Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market

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Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market - Cryptocurrency

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Electronics large Sony has filed a patent that describes the utilization of NFT (non-fungible token) and blockchain know-how to trace the historical past of in-game digital belongings. The submitting describes the utilization of this tech in order to file the story of modifications and possession of the digital belongings from a given recreation.

Sony Would possibly Use Blockchain to Observe in-Sport Objects

Sony has filed a patent to make use of NFT and decentralized ledger know-how in order to file the actions and adjustments undergone by in-game digital belongings. The submitting, titled “Monitoring Distinctive In-Sport Digital Belongings Utilizing Tokens on a Distributed Ledger,” launched in July 2021, describes a system that mints a token to observe the historical past of every certainly one of these belongings in a given surroundings.

In accordance with the outline, every one of many actions that the participant executes on the merchandise might be tracked, together with trades and modifications on its construction. On this means, the corporate can collect intelligence on what actions gamers execute extra generally on which gadgets, and their frequency.

The patent additionally makes reference to “online game digital media belongings representing moments of gameplay of a online game, akin to video clips or photographs,” introducing the opportunity of customers creating their very own NFT moments to commerce. These would even be tracked by the proposed system.

NFT Moments Market

These moments, created of in-game video or photographs, can be handled as media merchandise, and composed of necessary interactions that may be labeled based on their rarity. For instance, the submitting explains that movies of necessary tournaments and moments of reaching achievements might be offered, and might be assigned a classification based on an AI-based system.

Whereas the patent was launched final yr, the corporate has nonetheless not reported in regards to the utilization of this or an analogous system and has not launched a market for the aforementioned moments.

The usage of NFTs for gaming functions has been acquired negatively by some sections of the gaming neighborhood, which criticize it for a number of causes, together with the supposed waste of power and sustainability points. Nonetheless, Sony has allied with different firms to make use of NFTs earlier than. In Could, the corporate partnered with Theta Labs to make use of 3D NFTs to showcase the probabilities of its SDR pill.

Additionally, Sony filed a patent to permit wagering with bitcoin on its Ps collection of consoles in Could 2021.

What do you consider Sony’s NFT patent to trace in-game digital belongings? Inform us in the feedback part beneath.

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