As a seasoned analyst with over two decades of experience in the tech and finance sectors, I find the partnership between Transak and Soneium to be a strategic move that could potentially bridge the gap between traditional mainstream users and the burgeoning web3 ecosystem. Sony Group’s foray into blockchain technology, through its Sony Block Solutions Labs, signifies a significant step towards mainstream adoption of decentralized technologies.
Payment service provider Transak is joining forces with Soneium to attract a broader audience, including mainstream users, to their newly established blockchain network.
As reported by crypto.news via a press release, Transak is set to aid Soneium in bringing on board mainstream users looking to utilize the Ethereum (ETH) layer 2 platform’s web3 infrastructure and offerings. Based in the U.S., Transak boasts a tech hub in Bengaluru, India, as well as offices in the UK, Italy, UAE, and Hong Kong – serving as a global payments provider.
Sony’s dive into web3
Sony Group, via its Sony Block Solutions Labs, is taking a substantial step into the realm of blockchain and web3 with the debut of an Ethereum layer 2 blockchain known as Soneium. This platform, announced on August 23, is a joint project between Sony and Startale Labs, utilizing the OP Stack technology.
Partnering with Transak expands our roster of significant cryptocurrency and blockchain industry collaborators that Sony Block Solutions Labs has teamed up with at launch. This group also includes Optimism (OP), Alchemy, the US Dollar Coin (USDC) issuer Circle, The Graph (GRT), and Chainlink (LINK).
Soneium also patnered with the oracle platform Pyth Network (PYTH) as a price feeds provider.
Transak to help onboard users to Soneium
On the Soneium blockchain platform, we’ll be concentrating on creating a network that allows web3 applications, leveraging Sony’s extensive influence and diverse use cases, to become accessible to mainstream users. Notable projects may find our innovative layer-2 platform particularly appealing, as it caters to decentralized applications within gaming, music, and entertainment industries.
Together with Transak, our team is collaborating closely, both aiming to bring Soneium into mainstream use. The specialized solutions provided by Transak across various sectors will provide developers with the means to create cutting-edge innovations. We eagerly anticipate assisting in the development of trailblazing projects on the Soneium platform.
Sota Watanabe, director of Sony Block Solutions Labs.
Transak offers on/off ramp payment options
By linking up with Transak, users from around the globe can effortlessly join the Soneium platform. The worldwide web3 payment system offered by Transak is already utilized in over 350 apps spanning 160 different countries. With Transak’s integration, users will enjoy a wide range of payment choices when purchasing or selling digital assets and non-fungible tokens.
Transak offers both incoming (on-ramp) and outgoing (off-ramp) transaction methods, including bank transfers, credit or debit card payments, Apple Pay, and Google Pay. Similarly, the NFT checkout process accepts several of these convenient payment choices.
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2024-08-29 21:58