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Computer Science Electronics

Sony New Patent Suggests Blockchain And NFT Tech For Tracking In-Game Assets In Video Games.

Sony New Patent Suggests Blockchain And NFT Tech For Tracking In-Game Assets In Video Games.

The patent, detailed by Eurogamer, is called Tracking Unique In-Game Digital Assets Utilizing Tokens on a Distributed Record, and the included diagram spreads out mechanics for tracking changes in possession, visual appearance, or metadata of digital assets. The patent says the digital assets could go from gameplay moments to in-game items or characters.

Sony’s patent portrays innovation that could follow the historical backdrop of an in-game item as it’s passed from one player to another, which is one of the core ideas behind NFTs. According to the Sony patent, “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.”

The patent portrayal additionally says individuals find it “meaningful” to possess or utilize unique items related to respected celebrities or activities. It’s worth bringing up that PlayStation documented this patent in July of 2021 before the greater controversy encompassing NFTs came to the very front.

PlayStation recently dunked its toe into the universe of NFTs at EVO 2022. In a player survey, PlayStation asked fans what sorts of NFTs they would be keen on purchase. The potential responses recorded included NFTs based on Evo, music artists, esports, PlayStation items, and most loved game characters.

Sony’s new PlayStation Stars rewards program includes a form of digital collectibles, however, the organization said the prizes are “definitely not NFTs” because “you can’t trade them or sell them.”

NFT speculation has been a major piece of the video game news cycle in 2022 other than just PlayStation. GameStop presented a crypto/NFT wallet and EA keeps on assessing the innovation. Numerous studios have stood in opposition to NFTs, with numerous developers marking an enemy of NFT pledge and Minecraft trying not to implement NFTs or blockchain innovation.

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Computer Science Electronics

Meta Joins the Crypto Open Patent Alliance (COPA) to Support Open Source Tech

Meta, the parent organization of Facebook, has chosen to join the Crypto Open Patent Alliance (COPA), a group pushing for open licenses in crypto and blockchain innovations. On January 31, the group gave an assertion welcoming the online media behemoth and declaring that Shayne O’Reilly (Head of Licensing & Open Source) will be sure to depict Meta.

Meta, as a member of the COPA, would not begin upholding core cryptocurrency patent protection against anyone, except for defensive purposes. This suggests that any patent rights not covered by the circumstance will be accessible for use by anyone.

Meta’s association in the crypto world has as of now been obvious throughout the most recent couple of years. At first, there was its Diem project, which happened before its relaunch to Meta. Its primary spotlight is on the metaverse and NFTs, however, it’s clear that a lot more is coming.

COPA sees itself as the main cryptocurrency patent union, fully intent on establishing an open-source environment and safeguarding key advancements for all possible clients.

In its cross-industry cooperative exertion initiative, it is working as a team with financial administrations firms, cryptocurrency organizations, and laid-out firms. Block, Coinbase, Kraken, MicroStrategy, and Uniswap are among the over 30 group members.

Meta’s transition to selling assets out of its Diem initiative has brought about some progression. The organization expressed that it expected to sell the stablecoin project and its resources in late January 2022 and was looking for buyers. The choice to sell Diem was essentially persuaded by regulatory difficulties.

Silvergate, a financial infrastructure solutions organization in the digital assets market, declared on January 31 that it had obtained Diem’s intellectual property as well as different assets. It plans to utilize this strategy to build a stablecoin issued by Silvergate for payment systems.

Meta will presently zero in its endeavors on the metaverse, on which it is as of now buckling down. To increase its efforts, the business is said to have poached many workers from Microsoft as well.