Sony Reveals New Blockchain-Based Data Sharing System to Revolutionize the Future for Public Transportation Services

Japanese conglomerate Sony has announced a new successfully developed blockchain system, Mobility as a Service (MaaS) to provide people with data regarding optimal travel routes for using different types of transportation services. 

The new blockchain system integrates data and service provision of different forms of transportation, including trains, buses, taxis, car-sharing, and on-demand rental bikes. This system would allow all types of public transportation options and prices to be made available on one platform instead of using existing specific siloed transportation applications.

The MaaS uses Sony’s newly developed Blockchain Common Database to process data from around 7 million users a day, to be able to record, analyze and share their travel history anonymously and the allocation of revenue regarding each type of transportation.

This project appealed to developers to propose blockchain solutions for MaaS development and has become the only successful project chosen from the “Blockchain Challenge Program” by the Netherlands Ministry of Infrastructure and Water Management. This significant win makes it the first project to successfully “realize the recording and sharing of large-scale movement history and revenue allocation by using blockchain technology for MaaS.

Centralized vs. decentralized

The Netherlands Ministry of Infrastructure and Water Management, as well as many other organizations in Europe, are taking on the challenge to implement measures to the transportation sector, by promoting open data on transportation and decentralized data management. 

Previously, Blockchain.News reported that the Dutch central bank, De Nederlandsche Bank has also recently made an announcement saying that it aims to become a leader in the development of central bank digital currencies. 

However, due to the coronavirus COVID-19 inflation of cases, tracking of movement and tracing social connections have become common in countries that have been successful in lowering the curve. South Korea has been coming up with innovative solutions during its fight with COVID-19, including a “self-health check” app to keep tabs on foreign visitors. The app has been used more than 60,000 times, and the usage rate has recorded over 90 percent as of late March. The tracking of citizens using surveillance-camera footage and smartphone location data has led to the identification of the identity of the patients. Privacy concerns have also surged in the country in concern with the violation of human rights.

Previously, Microsoft filed a patent w02020060606 with the World Intellectual Property Organization (WIPO) on March 26. The new system proposes using sensors to detect and calculate the amount of energy and time spent on a pre-determined activity, like engaging with an advertisement, and convert that sum into data that can be used by computers to solve computational problems and create new blocks.

Taking blockchain to the next level

The Sony Group revealed that the company is now expanding the application of blockchain technology in other areas, including the development of authentication, sharing of educational data in the field, and the development of digital content rights. The report stated, “Going forward, Sony will continue to explore potential applications for blockchain in various fields with the aim of further popularizing.”

Snowcrash Launches NFT platform, Working with Sony Music Entertainment and Universal Music Group

Solana-based NFT marketplace Snowcrash has announced a partnership with Sony Music Entertainment and Universal Music Group to launch an NFT trading platform, bringing creative arts and digital innovation together.

Bob Dylan, Miles Davis, and emerging artist Varvara NFT series will also be launched in the coming months.

Filmmaker Jesse Dylan, the founder of Snowcrash, believes that what NFTs can do for non-profit organizations, NGOs, etc., is limitless. The NFT market currently seen by the public is just the “tip of the iceberg”.

He chose the Solana blockchain on the Ethereum network to launch the platform based on environmentally friendly conditions.

Dennis Kooker, President of Sony Music Entertainment’s global digital business, said:

“Snowcrash is a promising new NFT marketplace with strong leadership connections to the music community, experienced technology vision and differentiated in-house creative capabilities. We are pleased to be partnering with them to identify and develop a range of opportunities for our recording artists with a focus on delivering accessible, user-friendly experiences for both creators and fans.”

Universal Music Executive Vice President Michael Nash responded:

“The all-star team behind Snowcrash, with the incredible experience and perspective that Jeff, Jesse and Walter bring from their varied backgrounds and fields, promises to deliver exciting new creative opportunities for our global roster of artists and songwriters.”

As reported by blockchain.News on January 13, U.S.-based music blockchain NFT platform LÜM has announced 25 partnerships with world-renowned musicians to launch the “Access Pass” NFT.

Sony Files Patent for NFT Transfer Between Game Platforms

The developer of the immensely popular PlayStation gaming console, Sony Interactive Entertainment, has recently submitted a patent application for a framework that, once implemented, will enable users to transfer and utilize non-fungible tokens (NFTs) across multiple gaming platforms. This will be made possible by the aforementioned framework. The filing of this patent, which bears the description “NFT framework for transferring and utilising digital assets across gaming platforms,” is only the most recent sign that Sony is becoming more interested in the cryptocurrency industry.

Sony has been actively pursuing opportunities in the cryptocurrency industry for a number of years, during which time the business has formed partnerships with a variety of blockchain-based platforms and registered a number of trademarks pertinent to this sector. NFTs, or non-fungible tokens, are digital assets that are confirmed on a blockchain and cannot be replicated or replaced. In addition to this, Sony has been investigating the potential usage of NFTs.

The most recent patent application that Sony has submitted aims to design a system that would enable players to move and utilize non-fungible tokens (NFTs) across a number of different gaming platforms. Because of this, players will be able to utilize their NFTs in a variety of games, irrespective of the platform that they are playing on.

The framework has a wide variety of possible uses in a variety of contexts. For instance, players might buy non-fungible items (NFTs) in one game and use them in another, or they could exchange NFTs with other players who were using separate platforms. The framework could also make it simpler for game creators to design games that are compatible with several platforms and make use of NFTs.

Even if Sony’s patent application has not yet been approved, it is abundantly evident that the business has an interest in the bitcoin market. It is probable that we will see more firms like Sony researching the possible uses of NFTs and other digital assets as blockchain technology continues to advance and become more widespread. Currently, Sony is one of the more prominent examples of this trend.

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