PlayStation May Potentially Investigate NFTs and Blockchain Technology

Posted on the 15 November 2022 by Nftnewspro

Details of a patent that Sony Interactive Entertainment has filed suggest that the company that owns PlayStation may want to use NFTs and blockchain technology on its platform. Video Games Chronicle said that the title of the patent is “Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger.”

The patent describes a way to use blockchain technology to keep track of the history of a unique in-game item. This would include information about who made the item, who owned it, and if it was changed along the way.

In the background section, Sony compares digital assets to sports memorabilia, stating that “individuals often find it meaningful to own or use unique physical items related to respected celebrities or activities.”

The patent says that fans may wish to collect in-game items owned or made by renowned esports players or gaming influencers, adding that tracked data might indicate if an item is owned by a player. For example, Used to win a major gaming event. The patent also discusses games and even cross-platform item transfer.

“The techniques and technologies described herein extend the functionality of digital assets associated with video games by tracking the history of digital assets and the systems that create and manage such digital assets.”

So far, Sony’s gaming division hasn’t said much about NFTs in games. However, when it released the digital collectibles program PlayStation Stars earlier this year, a spokesperson said that the program “is not going to make any sense.” Wasn’t using blockchain technologies, and definitely not NFTs.

Even though SIE hasn’t said anything about the patent in public, some of Sony’s other divisions have already put out their own NFTs, like a campaign that gave Spider-Man NFTs to fans who bought tickets for Spider-Man: No Way Home.

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