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PlayStation Interested in Using Blockchain In It’s Games

PlayStation, one of the world’s largest video game companies, is seemingly interested in using Blockchain technology. Famed for its ips, such as God of War and its PlayStation line of consoles, the gaming conglomerate may be looking to offer an element of decentralization in its games in the form of NFTs. 

A recent patent application filed by the company titled ‘Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger.’ points towards possible interest in using blockchain technology in its games.

Although this filing may surprise many, web2 organizations and companies are starting to adopt web3 technologies with eagerness despite market temperament. Examples include Ubisoft, Pepsi, and Fifa, amongst others.

But what does this mean for the future of ‘mainstream gaming’? Well, not a lot, at least in the short term. Over the last year, both Nintendo and Xbox have also suggested that they, too, are interested in the use cases of NFTs.

Digital assets can effectively track player progress on the blockchain and reward players for obtaining certain digital assets, acting as collectibles. It is clear that the big three of gaming are starting to take note of the practical uses of blockchain technology. Thus, if this patent filing is anything to go by, we may see integrated blockchain technology in IPs such as Crash Bandicoot, The Last of Us, and others in the long term. 

For more information about gaming in the metaverse, make sure to check out our main site and our recently published metaverse market report.

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Jack Boreham

Jack Boreham is the editorial director and account executive at the Metaverse Insider: the leading metaverse publication globally. Jack has been at the forefront of the platform's growth as a metaverse specialist -writing and advising projects in the Metaverse space for over two years. [email protected]

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The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

When: July 13, 2023 at 11:30am

What: GenMat Webinar

Jake Vikoren

Jake Vikoren

Company Speaker

Deep Prasad

Deep Prasad

Company Speaker

Araceli Venegas

Araceli Venegas

Company Speaker

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