Sony’s Patent for NFTs and Blockchain Tech Uncovered: Inspired by reNFT?

Rod Oliveira
reNFTLabs
Published in
2 min readMar 16, 2023

The world of gaming is no stranger to innovation and evolution. As technology continues to advance, we see game developers and industry leaders pushing the boundaries of what’s possible. One such leader, Sony, has recently started dabbling with the use of NFTs and blockchain technology within the PlayStation ecosystem. The company’s recent patents suggest a foray into NFT rentals on PS4 and PS5, drawing inspiration from the pioneering work of reNFT, the first NFT rental protocol for Web3 projects. In this article, we’ll examine how Sony’s patents relate to reNFT’s protocol and discuss the potential implications for the gaming and entertainment industries.‍

Sony’s Patents on NFTs and Blockchain

Recent patents filed by Sony Interactive Entertainment indicate that the company is considering introducing NFTs into its PlayStation ecosystem across the PS4 and PS5 consoles. The patents suggest that Sony may be looking to rent NFTs to users through an interconnected system, allowing them to access artwork or assets from popular PlayStation games. The rental marketplace would be accessible from the console itself, providing varied prices for NFTs to both players and viewers of streams.

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https://www.renft.io/blog-posts/sonys-patent-for-nfts-and-blockchain-tech-uncovered-disruption-inspired-by-renft

About reNFT

reNFT is the FIRST & ultimate NFT rental protocol for Web3 projects. The leading multichain protocol and platform that can be white-labeled and integrated into any project to enable collateral-free in-house renting, lending, and reward automation!

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Rod Oliveira
reNFTLabs

Passionate marketer and entrepreneur by day, dreamcatcher by night. A dude who writes about everything. Games, innovation, leadership, growth hacking and more.