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Softbank Joins 21 Companies as Verifier in Japanese Game Blockchain Oasys

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On February 16, Softbank revealed that it would participate in the Japanese game blockchain Oasys as a verifier. At present, 21 initial verifiers operating Oas…

Softbank Joins 21 Companies as Verifier in Japanese Game Blockchain Oasys

On February 16, Softbank revealed that it would participate in the Japanese game blockchain Oasys as a verifier. At present, 21 initial verifiers operating Oasys blockchain include game companies such as Square Enix, Sega, Bandai Namco Labs and GREE, and Web3 companies such as bitFlyer and Aster.

Softbank will participate in the Japanese game blockchain Oasys as the verifier

Analysis based on this information:


Japan’s tech conglomerate, Softbank, announced its participation as a verifier in the Japanese game blockchain Oasys on February 16. With Softbank joining as a participant, the Oasys blockchain will now have 22 verifiers, including 21 initial verifiers. These initial verifiers include game developers such as Square Enix, Sega, Bandai Namco Labs, and GREE, and Web3 companies such as bitFlyer and Aster.

As a verifier, Softbank will serve a crucial role in maintaining the security and validity of the transactions made on the Oasys blockchain. Verifiers are trusted nodes or individuals who validate the data recorded on a blockchain by verifying transactions using complex algorithms. Essentially, they help ensure that the blockchain is running properly and that the data being recorded is accurate.

The Oasys blockchain, which is specifically designed for the gaming industry, aims to provide a more secure and transparent system for recording gaming transactions such as in-game purchases, exchanges, and transfers. The blockchain provides game companies with greater control over their digital assets while also improving transparency for players. Additionally, the Oasys blockchain can be used to prevent fraud and cheating in games by providing immutable records of transactions.

Softbank’s involvement in the Oasys blockchain is a significant endorsement for the technology and its potential impact on the gaming industry. Softbank is known for its investments in disruptive technologies and has a vested interest in the gaming industry, having acquired a majority stake in Supercell, the developer of the popular mobile game, Clash of Clans.

As more companies join the Oasys blockchain as verifiers, the network becomes stronger and more secure. The combined expertise of the 22 verifiers, including Softbank, will help ensure the integrity of the blockchain and strengthen confidence in the technology’s potential impact on the gaming industry.

In summary, Softbank’s participation as a verifier in the Oasys blockchain is a significant endorsement of the technology and its potential for the gaming industry. With 22 verifiers, including 21 initial verifiers, the Oasys blockchain is becoming a more secure and trusted system for recording gaming transactions.

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