Sony eyes NFT transfers across multiple game platforms, reveals patent

Sony eyes NFT transfers across multiple game platforms, reveals patent

Sony Eyes NFT Transfers Across Multiple Game Platforms, Reveals Patent

Sony Corporation is reportedly exploring the use of non-fungible token (NFT) technology for its video game platforms. According to a publication from the U.S. Patent & Trademark Office (USPTO), Sony filed a patent application on October 28, 2020, titled "System And Method For Transferring Nft Token Between User Accounts And Applications On Multiple Gaming Platforms".

As reported by InvenGlobal, Sony's NFT framework aims to integrate NFTs into gameplay, with the technology representing skins and other popular in-game functionalities. The patent form includes details regarding the manner of transferring these non-fungible tokens on multiple gaming platforms. According to the form, these transfers can be traced on the blockchain and protected against malicious interference.

We’ve seen a lot of industry dominance in the blockchain gaming & NFT sector this year, with Sony potentially joining the list of gaming companies exploring the space. As per the document, Sony appears to be well-versed in the blockchain and NFT technology, with the form illustrating that users of the platform will have control over their NFTs, and be able to use them within different gaming applications available on Sony platforms.

It is not yet known at which point Sony plans to incorporate the framework into its gaming platform. But being one of the biggest video gaming companies in the world, Sony's potential entry into the NFT gaming sector could mean serious competition for the current industry leaders.

Summary

Sony Corporation has revealed an NFT framework for its video gaming platform, with the technology representing skins and other popular in-game functionalities. The NFT transfers would be traceable on the blockchain, protected against interference, and users would also have control over their own NFTs. It is still unknown when the framework will be implemented, however Sony has positioned itself as a leader in the industry with this promising technology.