PlayStation NFT, Blockchain in the Works? Patent Reveals Future Ventures of Sony

PlayStation is entering the world of digital coins in this new patent.

Rumors and speculations are now swirling around PlayStation's future venture toward the NFT and blockchain industry, as the company's recent patent reveals a possible project towards it. The focus centers on a shift for its digital rewards program, centering on the PlayStation Stars that might see an upgrade that allows gamers to acquire fungible to non-fungible items.

The project aims to allow digital assets to be accessible to all via the company's many offers, tying it in with games and rewards that are similar to trophies and achievements it already has available.

PlayStation NFT, Blockchain in the Works?

PlayStation
The Sony Playstation logo is seen during the Tokyo Game Show in Makuhari, Chiba Prefecture on September 12, 2019. by CHARLY TRIBALLEAU/AFP via Getty Images

A patent is one way to secure a specific service, offer, or experience coming from a company, and a recent Sony patent was spotted via Patentscope, centering on the PlayStation NFT and blockchain. Allegedly, reports claim that this will be PlayStation's take on delivering a new service where people may play to earn and trade non-fungible tokens to the gaming industry.

According to ComicBook Gaming, the patent read that different assets associated with video games may convert to different items, from fungible to non-fungible.

Sony's patent also talked about tracking these NFTs to expand more of its program for future rewards and asset utilization via its platform, particularly with video games. Also, this new NFT focus will be different from PlayStation Stars Loyalty program.

New PlayStation Patent Hints Venture

There are no specific announcements regarding this Sony and PlayStation patent coming to fruition, with gamers to experience the NFT and blockchain integration into their gaming experience. Nevertheless, the patent is one big indicator that the future venture will deliver the digital asset experience to arrive at one's games and use of the platform.

PlayStation and its Operations

It is no doubt that PlayStation is one of the largest gaming providers in the world, centering on the console experience it delivers with the PlayStation 4 and 5, with many titles and experiences available. One of its latest ventures is towards a virtual reality experience, one that would deliver the highly-awaited PS VR 2 by next year.

The only dispute that gamers have with the PS VR 2 is that it would not allow backward compatibility for the original PlayStation VR games, and will have to wait for new optimized titles for it.

Other of its service include the PS Now, and the PlayStation Plus experience, one that connects the community and offers free games via the subscription service from the company.

Now, the focus centers on a possible NFT and blockchain coming for all to access earning rewards via games and different access to its services.

Much like the many NFT games available in the past, the more one plays, the more rewards come for them to either trade, collect, or buy via the blockchain experience. That same ideology is also a possibility for the PlayStation, with a patent already centering on integrating the NFT and blockchain experience, but no official confirmation for its arrival.

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Written by Isaiah Richard

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