Sony Files Patent for NFT Generator to Track Digital Assets Within Video Games
The gaming division of the multinational tech giant has filed patents for a blockchain-based system that will track video game assets across a distributed ledger. The platform will be used to tokenize in-game virtual assets like items, characters, video clips, and images.
Sony Patents NFT Generator to Track Video Game Digital Assets
The Japanese technology conglomerate Sony has revealed details of a patent it filed last year with the World Intellectual Property Organization (WIPO). The filing made public on November 10th revealed that the company’s gaming department was developing a system to track digital assets within video games using NFT technology.
According to the application made by Sony Interactive Entertainment Inc – the company’s gaming division responsible for the iconic PlayStation gaming consoles, the blockchain-based distributed ledger platform will be used to track and store digital assets such as in-game items or characters and video clips or images from games. The system will generate a non-fungible token (NFT) representing the virtual asset that includes metadata identifying properties and ownership of the asset. The platform will create a new block every time updates are made to the properties of a digital asset like transfer of ownership, editing visual appearance, or changing metadata. The new block will be generated using hashes from the previous block.
“In traditional video games, no one digital asset is unique from other instances of the same in-game item. As a result, in traditional video games, there is no way to know, track, or authenticate a history of a particular instance of an in-game item. For instance, in traditional video games, there is no way to differentiate a specific instance of an in-game item that a famous player of the video game used to win a famous tournament from any other instance of the in-game item,” added Sony in its description for the in-game NFT tracking system.
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The move signifies the evolution that is taking place within the gaming industry as traditional heavyweights like Sony and SEGA are moving into crypto gaming. This is also not the Tokyo-based multinational tech giant’s first foray into the crypto industry.
In May, Sony partnered with Theta Labs, founders of blockchain video streaming platform Theta, to release a collection of 3D NFTs that was only viewable on the company’s Spatial Reality Display. The tablet-like device that displays three-dimensional visuals in semi-physical augmented reality allows users to view and interact with 3D objects without requiring the assistance of glasses or other accessories. Sony launched its SRD-enabled “The Tiki Guy” NFTs on ThetaDrop, Theta Labs’ marketplace. Those who purchased the limited edition NFT received a free Sony SRD priced at $5,000 apiece.
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