Oasys Ltd., a Singapore-based company, made the announcement today that SoftBank Corp., a Japan-based telecommunications operator, has joined as an official validator of Oasys. Oasys is a gaming-optimized blockchain. It was developed for gamers and developers alike, with a particular emphasis on the future of blockchain gaming.
SoftBank Joins Oasys Blockchain for Improved Mechanism and Technological Aspects
SoftBank has decided to join the Oasys blockchain because of the improved mechanism. It provides for users and intellectual property holders. It also offers the superior technological aspects of the Oasys network. Softbank’s involvement in the relationship is not limited to that of validators; rather, the two businesses are looking into future opportunities to work together. It also includes the creation of blockchain-based services.
Among Oasys’ initial 21 validators are organizations like Bandai Namco Research, SEGA, Square Enix, Netmarble, and another 17. Following SoftBank’s lead, Oasys will reach out to other globally trusted and performing companies to join as validators. Therefore, It is significantly stabilizing and expanding the Oasys network.
SoftBank is just one of four new validators entering the network shortly. Oasys intends to further decentralize the system in the medium term. It allows public engagement via a council and lifts the limitation on the number of validator slots as long as the relevant standards are met.
Oasys Hopes to Improve Business Partnerships and Expand to Bitbank Exchange
When asked about Oasys, Keiichi Makizono, Senior Vice President and CIO of SoftBank, stated that they are very thrilled about Oasys’ cryptocurrency flexible, client-centric architecture. It also fulfils the requirements of both customers and IP content companies. They also look forward to collaborating with Oasys to enhance Web3‘s social execution and resolve social problems.
Oasys Director Daiki Moriyama expressed gratitude to SoftBank for seeing the value in Oasys’ vision. It selected the company as a strategic partner for the Web3 platform. By having SoftBank on onboard as a verifier, Oasys hopes to not only increase the security and environment of the Oasys chain. It will also improve its business partnerships. They hope to establish advantages and ties with SoftBank’s business groups and partners to assist advance the blockchain gaming market.
Oasys has released its phase 1 blockchain protocol, including multiple playable games in less than two years after its founding. The company declared its intention to launch on Bitbank, the largest crypto exchange in Japan, on Jan 31, 2023.
