How Sony Keeps Innovating With Blockchain Technology
Sony Corporation (Sony) has been at the forefront as the world’s leading innovator for years.
Last week it was announced that Sony have developed a high-speed processing technology that facilitates data transactions for a new breed of database platform called Blockchain Common Database (BCDB).
The work was done as part of a transportation-focused Mobility as a Service (MaaS) initiative led by the Netherlands Ministry of Infrastructure and Water Management back in 2019. What makes this technology interesting is that they have achieved successful execution and storage of seven million transactions per day, simulating a real-world scenario where buses, cars, bikes and taxis all share their location and other metrics.
Of course, Sony is no stranger to investing in the blockchain space. In 2018 they announced that they are working on a platform that will control and manage digital content and rights. They have also created a portal for managing educational course records and transcript management through blockchain, an initiative conducted by Sony Global Education along with Fujitsu.
With all the work and investments they are putting into the enterprise blockchain space, Sony will be a strong contender for next year’s 2021Blockchain 50 list
Read more: @forbes