Hatano and Ren: Sony's blockchain business moves towards commercialization stage

According to NADA NEWS, Kazuto Hatano, head of Sony's Ethereum second layer network Soneium on chain business, stated that Sony's blockchain business has moved from the experimental stage to the commercial stage. The "Advanced Infrastructure Business Exploration Department" has been renamed as the "Chain Business Strategy Department", and blockchain has been repositioned as the company's strategic core. This year, Sony will focus on exploring IP on chain, using Soneium to build on chain IP infrastructure in fields such as music, animation, games, movies, and sports, and promoting the design of relevant legal and regulatory frameworks. At the same time, Sony is preparing to establish a GP/LP investment fund to accelerate investment in applications and entertainment on Soneium. Its incubation program SPARK has received over 2000 DApp applications and 23 projects have been invested in. The Sony ecosystem also includes the cryptocurrency exchange S.BLOX, which connects fiat currencies with digital assets.