Sony Launches Soneium: A New Layer-2 Blockchain Network

Sony’s Web3 exploration has now come to a point that the Japanese tech giant has announced its own blockchain network, named Soneium. The layer-2 network is being built atop Ethereum in collaboration with Startale Labs, the team behind Astar Network. Sony has established a new entity called Sony Block Solutions Labs (Sony BSL) to oversee the development and deployment of Soneium. This unit is a joint venture between Sony and Startale.

The aim of this layer-2 blockchain is to connect blockchain and Web3 technologies to existing Web3 Internet services. A blog published on the official site of Soneium said this blockchain is being designed on the basics of ‘open Internet’ to encourage the creation of decentralized landscape for entertainment, gaming, and finance sectors among others

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