Great news for Sony fans out there, as the tech giant’s research and development team recently revealed their new contactless crypto hardware wallet. Could the beloved electronics manufacturer be making bold strides towards the cryptocurrency arena?

Sony Computer Science Lab To Release A Contactless Cryptocurrency Wallet:

Sony Corporation’s Sony Computer Science Lab, which is the Japanese company’s R&D division recently published a press release which revealed their current work on a contactless cryptocurrency wallet which will be for consumers to use as a means to store digital currencies such as BTC, ETH, Litecoin and many other forms of cryptocurrency.

SCSL’s wallet utilizes Sony’s contactless integrated circuit tech which will be an added form of convenience for potential investors and consumers. The Ledger Nano S and Trezor wallets, which are also hardware wallets make use of USB technology but SCSL’s wallet will make use of NFC (near field communication)technology, totally abolishing the need for cabled connection.

Sony Computer Science Lab claims that their wallet will be “small, portable and useful, unlike typical existing hardware wallets,” and the hardware will also feature a “highly reliable tamper-proof module within the IC card” for an added layer of security.

Sony Computer Science Lab is currently the company’s main research & development division, so one must note that many of this subsidiary’s passion projects never see the mainstream greenlight. However, Sony stated in their press release that they will be fighting for “commercialization” in an effort to increase the “widespread adoption of blockchain technology,” which to us is a HUGE hint they are possibly planning to take a bigger dip into the blockchain & crypto space.

Could Sony Be Planning Something Bigger?

This recent announcement by Sony isn’t the first sign that the company is seeking to expand upon their interests in the blockchain world and crypto.

It was earlier this year that Sony filed for a patent with the United States Patent & Trademark Office in an effort to be granted with the rights to store their user’s digital rights data on the blockchain. This will ultimately lead to them creating a fully-fledged blockchain digital rights management system (DRM) which is a system that can validate certain user’s rights to various forms of media ie movies, games music and so much more.

Sony’s mixed bag of brands which all dip into a myriad of varying kinds of media that could very well provide a perfect ecosystem wherein the company could utilise their very own Sony-cryptocurrency.

As we already know, with Sony’s PlayStation audience, users already utilise digital cash to perform transactions on the PlayStation network and thus a platform of this nature is perfect for the governance of a blockchain-integrated DRM system.

Do you think Sony & the PlayStation arm of the company could be the first console giant to introduce a blockchain & cryptocurrency on their network? Or could they be aiming for something even bigger? Let us know your thoughts.

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