FacebookTwitterLinkedInTelegramCopy LinkEmail
BlockchainOthers

Ava Protocol Partners with Sony to Simplify Blockchain Automation

Ava Protocol Partners with Sony to Simplify Blockchain Automation

Ava Protocol has teamed up with Sony Block Solutions Labs to enhance the user experience on Sony's Ethereum Layer-2 blockchain, Soneium, by introducing automation.

This collaboration aims to make blockchain technology more accessible to both developers and non-technical users by enabling automated execution of transactions and smart contracts based on predetermined conditions.

As part of the Soneium Spark incubation program, Ava Protocol will offer its Web3 infrastructure, which facilitates cross-chain automation and allows for quick deployment of decentralized applications (dApps). This partnership will also enable creators to tokenize real-world assets and implement new monetization strategies using no-code automation.

Ava Protocol is set to provide tools for monetizing various forms of intellectual property, art, and physical goods, supporting features like recurring payments and dynamic NFT management.


READ MORE: Arbitrum One Hits 1 Billion Transactions, Dominates Layer 2 Market


According to Ava Protocol’s leadership, the partnership is focused on breaking down barriers to entry in the Web3 space, aiming to empower creators and innovators. They believe that Soneium has the potential to become a significant platform for creativity and collaboration.

Sony’s initiative to establish a public Ethereum Layer-2 blockchain is part of its broader strategy to integrate Web3 technologies into everyday applications. Soneium is designed to meet various industry needs while creating a supportive environment for developers and creators.

Author
Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

Learn more about crypto and blockchain technology.

Glossary