Japanese Tech Giant Sony to Patent two Blockchain-Related Hardware
August 3, 2018 11:51 am
As per a newly published document, Sony wants to patent two hardware approaches for hosting and maintaining Blockchain.
Sony’s two patent filings are entitled “Device and System” and “Electronic Node and Method for Maintaining a Distributed Ledger,” showing for the first time that the company is working on blockchain-related hardware concepts. They further set the stage for Sony to potentially incorporate these devices in a future product.
As earlier reported, in the past, Sony has filed patent applications focused mainly on the technology’s used cases, including security and education data management.
The first application incorporates two elements: a hardware node and method of maintaining the blockchain, which is frequently described as a “mining process.” Evidently, in one incarnation of the proposed invention, the nodes would operate a network that’s similar to bitcoin‘s, which is an open-access network with a token.
As the application describes:
“The distributed ledger may be a blockchain, which may be based, for instance, 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 reward (currency), such as bitcoin as a currency and as a reward for performing mining. Besides, the distributed ledger may use consensus mechanisms for assuring that all electronic nodes have a consensus about the distributed ledger.”
It isn’t to say that Sony is launching its own digital currency, it appears that Sony is leaving the door open to the plausibility by establishing the claim that its proposed inventing could serve that purpose.
In the second application, “Device and System,” Sony sets in on the security risks in a network that has a small number of nodes.
Since, “the number of devices accessing and contributing to the distributed ledger may be small, such that security issues occur,” Sony proposes essentially boosting that number through the use of virtual nodes. The device suggested in that filing would ” host a majority, 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.”
Eventually, the submissions seem less focused on the type of distributed ledger and more on the hardware and operational methods themselves. Sony shows that the networks could be public or private, and could rely on either Sony’s own software or “distributed database technologies like Hadoop,” as one of the filings states.