Sony to build a blockchain for web3 infrastructure with Startale Labs
Sony and Startale Labs are entering into a joint venture agreement to develop a blockchain that could become the backbone of global web3 infrastructure . The joint venture company will be established under the name “Sony Network Communications Labs Pte. Ltd.” Collaborating more deeply According to the press release shared with crypto.news, the companies believe in the potential of web3 and plan to “create killer web3 use cases to drive” its adoption. This announcement comes after the capital partnership Startale Labs and Sony Network Communications established in June and will be, as Sota Watanabe, the CEO of Startale Labs highlights, a deeper collaboration. You might also like: Web3 adoption would be impossible without intuitive UX and convenience | Opinion As a part of this new endeavor, both firms will share their respective assets and knowledge to co-develop leading blockchain s and their ecosystem while simultaneously discerning web3 trends a...