Yet again, the gaming giant, Ubisoft has taken a leap in the field of the blockchain. Ubisoft has become the inaugural member of the newly established Blockchain Game Alliance group on Friday. There were other members present in the meeting also. Some of them were from reputed blockchain startup firms like Consensys, Enjin, Fig, Alto, and Ultra.

According to gaming news organisation MCV, the step is for developing a path for integrating blockchain with virtual gaming. Most recently, the company has also released a game known as ‘Hashcraft’. It enables users to draft designs. The data is stored in the blockchain which can also enable other users to access and play.

Nicolas Gilot, CEO of Ultra also stated that use of blockchain will improve transparency and create a more shareable network. Moreover, it will result in securing economic growth and improve the frequency of innovation.

Ubisoft had already announced in February that it will continue exploring the various possible application of blockchain. It will help the company in making it a part of its Strategic Innovation Lab work.

Besides, Anne Puck, Ubisoft’s blockchain initiative associate manager has also put forth her views in an interview with VentureBeat. She cited how investigating blockchain is worth doing. She believes that it will lead to a reduction of “toxicity” in games thereby increase the efficiency of the company in the market.