The blockchain network’s future will undergo “drastic changes” in the coming months as a result of the company’s cooperation with Sony, said Astar Network’s founder, Sota Watanabe, in an interview at the BUIDL Asia conference in Seoul on Wednesday.
The business section of the conglomerate, Sony Network Communications, teamed up with Startale Labs, the organization that created Astar Network, last year.
Since then, the two have been working on a project Watanabe called “very intensive and very important” to create Sony’s blockchain network. “Our focus is going to be mass adoption,” Watanabe stated, adding that Astar’s objective is to demonstrate web3’s usefulness to the broader public.
Watanabe added, “Theoretically, we can build [a] public blockchain which is used by the most [number of] people, onboarding beyond web3 people into the blockchain space because Sony has tremendous touchpoints.”
The PlayStation creator, Sony, has previously submitted a patent application for its idea of “super-fungible tokens,” which would allow NFTs to be transferred on a blockchain within a gaming ecosystem. However, Watanabe did note that there would be more than one focus area on the blockchain, such as NFTs or gaming.
When asked how the new stablecoin laws in Japan have affected Astar initiatives, Watanabe said that the company is in talks with several banks and businesses but would not provide more information.
“It’s a little bit tough at the moment for us to disclose some of the critical information, but all things are going to make sense for everyone once we make the announcement in the coming months,” Watanabe stated.
Astar Network, a platform for smart contracts that supports WebAssembly and EVM environments, has already collaborated with several significant Japanese corporations, such as NTT Docomo, SoftBank, and Toyota.
The network also introduced a zkEVM network earlier this month that uses shared liquidity to enable cross-chain transactions between Astar and Polygon. This network is built on Polygon’s AggLayer.
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