TRON is one of the largest blockchain-based operating systems in the world. And today project announced an upcoming collaboration with Sony Interactive Entertainment.
Tron will give the gaming company its blockchain and its skills to enable in-game purchasing, in-game item trading and facilitate fast and cross-border payments over the project infrastructure. The use cases of the respective blockchain have seen a significant increase in the UK casinos not on GamStop.
Sony has been on the forefront of blockchain technology, beginning as early as 2016 to experiment with the technology, and initiating additional improvement of a blockchain-based system to handle digital rights in 2018.
Blockchain makes it difficult to destroy or falsify data and has been well-adapted to manage data and rights. However, the technology bears huge potential for the gaming industry, as has been illustrated by the rapid growth of blockchain gaming, and play-to-earn business models. The major challenge when building blockchain-based gaming companies are faced with are problems with scalability, and high transaction costs. Therefore, the team at Sony decided to start trialing the Tron blockchain for potential improvement of user-experience.
“When building a game, the gaming experience is at the center of all we do. Therefore, we want to make all value-related transactions as smooth as possible, at low cost without sacrificing the benefits of blockchain. That’s why we decided to partner with the Tron Foundation to use their blockchain ecosystem for further gaming development,” said SIE President and CEO Jim Ryan.
Justin Sun, CEO of the Tron foundation informed: “As soon as you turn in-game items into NFTs, you provide gamers with actual, and provable ownership of the item whereas in a centralized gaming environment, this ownership could technically be revoked at any point. Additionally, having items as NFTs provides the opportunity to trade them across games, on marketplaces even outside of the game and enables better use of capital. We’re excited to have Sony use the Tron blockchain to benefit from these features.”
