Sony Patent Reveals that the Company Has Been Working on NFT and Blockchain Technology

A new patent by Sony shows that the company has been working on NFT and blockchain-related technology for in-game items.

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-Foxtrot125d ago

You dare Sony…just…just don’t

CrimsonWing69124d ago

C’mon Fox, this is Slippin’ Jimmy we’re talking about here. He’d never do such a thing!

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Eonjay124d ago (Edited 124d ago )

Don't get all flustered. This is just speculation based on a patent without context. The article admits as much. This looks like a item tracking system. People don't like NFTs because we have people paying for worthless gifs. As far as we know Sony isnt selling digital items. The patent doesn't mention anything about selling NFTs which is what people don't actually want. Their is nothing sinister about NFTs on their own.

-Foxtrot124d ago

Their was nothing sinister about silly old horse armour long ago and look where we ended up

Crows90124d ago

There is still nothing Sinister about horse armor unless you have to pay for it. The issue is not the existence of loot boxes or any of those things that micro transactions give you. The issue is that you have to pay for these things hence called a micro transaction.

MasterChief3624124d ago

@Crows90 - I think that's what Foxtrot's point was. At the time, horse armor seemed like a silly DLC thing. But it was a harbinger of what was to come. And what was to come is the gradual evolution of greed from game companies. First it was the horse armor, then it was other cosmetics, then it was unlocking things faster, then it was season passes, then ...I forget what they were called, but you had to type in a code to be able to play a game online (or buy access from the marketplace of choice) to combat the revenue loss when your game is bought used. Then came the lootboxes, the battle passes, the tier skips...

I believe that was Foxtrot's point. It began with something seemingly innocuous and it's a simple point of reference for where things used to be in terms of simplicity, versus how complex and money-hungry things have gotten now.

I was one of the people that got the Horse Armor, actually, and I was really mad because I couldn't use it on my unicorn. My entire playtime of Oblivion was dedicated to protecting that unicorn at all costs while I used the paintbrush climbing glitch to ascend great heights! It was so scary to leave him alone and wonder if I'd see him again. As far as I remember, there was only one in the entire game, and if he died he would never come back. So I held onto him as long as possible. I think there was a particularly enormous scare when he got in fisticuffs (hooficuffs?) with a minotaur?

My memory's a bit foggy on the specifics. But I was so sad I couldn't use the horse armor on him. And turning Elder Scrolls IV: Oblivion into Unicorn Escort Simulator (not 18+) was very stressful and definitely made me lose interest in continuing. If I ever pick it up again, I will just... not try to find the unicorn. I think my sanity will be all the better for it.

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Lightning77125d ago

Since Sony will be doing it. NFT's will be justified are great now, watch.

That is if Sony decides to go Through with it. sony Patents many things that haven't been announced yet.

Neonridr125d ago

It won't be that extreme, but I'm sure it will be something like "Sony is giving us options for those who want or like them"

ziggyzinfirion124d ago

I don't even want to think about it being an option bro. Once the gullible as well as those who just want to take advantage starts jumping to these nfts, It will only create an impression to Sony that the majority of their consumers loves it, thus, giving them justification in putting nfts on all of their other services.

Asplundh124d ago

That or the "it's a smart business move" defense, like they used with the anti-crossplay stance.

Gamingsince1981124d ago

Or you're talking out of your arse and didn't even read the article, it's nothing like what they are saying. No one would be justifying this junk if it ever came but going by the information on the patent , that's not even what it's about but hey why let facts get in the way of the fanboy console wars.

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Eonjay124d ago (Edited 124d ago )

What are you saying Sony will be doing?
What is the 'it' that Sony may be going through with?

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anast124d ago

You are missing the point. Sony does things better than the competition. People like winners.

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Hofstaderman124d ago

Oh hell no. Let this remain as one of those unused patents that collects cobwebs.

Crows90124d ago

It's already in use. If you read it...PlayStation stars program already gives you digital assets.

blackblades124d ago (Edited 124d ago )

"Those who have begun to catch on to the drift might wonder where this technology could be implemented. And some might immediately think about the PlayStation Stars program, which essentially rewards players with said digital collectibles. Of course, Sony was quick to distance the program from NFTs, but this patent might hint that these will be treated as such in the future. Of course, this is just speculation for the time being."

Eonjay124d ago

This patent is from March 2021 and is the basis of PlayStation Stars. The whole article is a misdirection and misinformation.

BrainSyphoned124d ago

Application Date

"LONDON, July 5 (Reuters) - The market for non-fungible tokens (NFTs) surged to new highs in the second quarter, with $2.5 billion in sales so far this year, up from just $13.7 million in the first half of 2020, marketplace data showed."

NFT were still going strong when they looked at this. One would hope this is just another patent Sony looked at and altered plans on.

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