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Sony has applied for a patent to gamble with cryptocurrencies

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The creator of PlayStation, Sony, has apparently applied for a patent to allow its users to gamble within video games using cryptocurrencies.

Sony's patent would allow users to bet on live video game matches using cryptocurrencies.

What does Sony's patent say about cryptocurrencies?

To be precise, according to Livecoins.com, Sony has requested register the ‘PlayStation’ trademark in Brazil to carry out cryptocurrency transactions.

In fact, PlayStation would like to allow cryptocurrency trading among its users, as indicated on the INPI website, that is, the National Institute of Intellectual Property, a patent registration body in Brazil.

As stated in the patent document, Sony would be requesting:

“Trading cryptocurrencies for use by members of an online community through a global computer network; Cryptocurrency exchange services for use by members of an online community through a global computer network ”.

It should be noted that the patent registration process in the INPI is in its initial stages, since it is pending the oppositions that can be presented within 60 days from Tuesday, August 31, 2021.

Sony and the patent related to Bitcoin

In fact, in May 2021, Sony had filed a patent application for a betting platform that could also accept Bitcoin.

In this case, it was the application US20210142624 filed by Sony Interactive Entertainment Inc. with the United States Patent Office, and which was aimed at an "electronic sports betting platform", a kind of multimedia digital "casino" about esports. who also wants to accept bitcoins and cryptocurrencies.

Sony and the investment in Bitwala

In July 2019, Sony also invested in the Bitwala platform by participating in a $ 14.5 million investment round along with NKB Group.

Sony's investment in Bitwala was aimed at increasing users of the platform, allowing its customers exchange bitcoins directly from one bank account to another, thanks to the services offered by solarisBank.

Ubisoft in the world of cryptocurrencies

Another gaming giant also entered the world of cryptocurrencies and blockchain a few years ago. We are talking about Ubisoft, which already in September 2018 had financed a hackathon for video games based on blockchain.

In June 2019, Ubisoft was also developing a new game based on the Ethereum blockchain and a game item store based on Ethereum.

Additionally, in November 2019, the company decided to test the Ultra blockchain, an EOS-based video game and electronic game development platform.

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