Electronics Pioneer Sony Starts Its Own Blockchain 'Soneium'

The new project, "Soneium" will be a layer-2 network atop the Ethereum blockchain, using technology from Optimism's OP Stack.

Electronics giant Sony is launching its own blockchain network, dubbed "Soneium."

The layer-2 network will be built on the Ethereum blockchain using technology from Optimism's OP Stack.

Sony Block Solutions Labs, a joint venture between Sony Group and Singapore-based Web3 company Startale Labs, announced the launch of Soneium on Friday.

The new network will reportedly use optimistic rollup technology to enable faster and cheaper transactions on the Ethereum network.

According to the press release, Soneium will be a modular blockchain that can integrate with other networks in the Optimism ecosystem through the "Superchain."

Other networks that have used OP Stack include U.S. crypto exchange Coinbase's "Base" and decentralized identity project Worldcoin's "World Chain."

Startale Labs, founded by Astar Network director Sota Watanabe, will now focus on Soneium and shift its resources away from the Astar zkEVM, Watanabe told CoinDesk in an interview.

"Astar zkEVm will be integrating its assets and technology into Soneium," Sony Block Solutions Labs said in a statement to CoinDesk.

Watanabe outlined a three-phase plan for Soneium: onboarding Web3 users in the first year, integrating Sony products in the second year and expanding to other enterprises and dapps in the third year.

"The first year is all about onboarding Web3 people, because technology-wise and the community-wise, it is a little bit early to onboard the general users," Watanabe told CoinDesk.

"And then phase two, within two years, we're going to onboard Sony products, such as, Sony Bank, Sony Music, Sony Pictures and so on.

"So we would like to integrate Web3 and blockchain technology into Sony's product. And in three years, we would like to onboard not only Sony, but also all enterprises and all general dapps on the top of it."

"But this is a general timeline. We're going to try to onboard enterprises as many as possible from the first year," Watanabe added.

The launch of Soneium marks a growing interest from mainstream companies in building products for consumers with blockchain technology.

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