Sony Patent Filings Hint at Work on Crypto Mining Hardware

Japanese know-how big Sony desires to patent two {hardware} approaches for internet hosting and sustaining blockchains, newly revealed paperwork present.

Sony’s two filings are entitled “Electronic Node and Method for Maintaining a Distributed Ledger” and “Device and System,” revealing for the primary time that the corporate is working on blockchain-related {hardware} ideas. They additionally set the stage for the corporate to doubtlessly embody these units in a future product.

In the previous, as beforehand reported by CoinDesk, the tech firm has filed patent purposes centered largely across the know-how’s use instances, together with education data management and security.

The first software consists of two parts: a {hardware} node and a way for sustaining the blockchain, which it repeatedly describes as a “mining process.” Indeed, in a single incarnation of the proposed invention, the nodes would function a community that is akin to bitcoin’s, which is an open-access community with a token.

As the applying explains:

“The distributed ledger may be a blockchain, which may be based, for example, on the principles used for the bitcoin blockchain or the like. The distributed ledger uses mining and proof-of-work mechanisms and it may use some kind of reward (currency), such as bitcoin as currency and/or as reward for performing mining. Moreover, the distributed ledger may use consensus mechanisms for ensuring that all electronic nodes have consensus about the distributed ledger.”

This is not to say that Sony is launching its personal cryptocurrency. But right here, it appears that evidently Sony is leaving the door open to the likelihood by establishing the declare that its proposed invention may serve that function.

In the second software, “Device and System,” Sony hones in on the safety dangers in a community that solely has a small variety of nodes.

Because “the number of devices accessing and contributing to the distributed ledger may be small, such that security issues occur,” Sony proposes primarily boosting that quantity via using digital nodes. The system proposed in that submitting would “[host] a plurality, e.g. 10, 100 or even thousands of virtual nodes, such that the number of virtual nodes may be much higher, e.g. ten times larger, than the [total] number of devices.”

Ultimately, the submissions seem much less targeted on the kind of distributed ledger and extra on the {hardware} and operational strategies themselves. Sony signifies that the networks might be public or personal, and will rely on both Sony’s personal software program or “distributed database technologies like Hadoop,” as one of many filings states.

Sony image by way of Shutterstock

The chief in blockchain information, CoinDesk is a media outlet that strives for the very best journalistic requirements and abides by a strict set of editorial policies. CoinDesk is an unbiased working subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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