Ubisoft implements blockchain in its video games to monetize them


Ubisoft, the fourth largest video game developer, have experimented with the implementation of blockchain in their video game functions, in addition to saying that they are not the first.

The idea of ​​integrating a market environment in online games with blockchain is not new. There are several blockchain startups that tried to realize this idea in late 2017. However, Ubisoft began exploring the potential of blockchain technology in late 2018.

In the same year, he also organized a hackhaton called "Blockhain Heroes." At that time, Ubisoft developers created a blockchain-based game prototype.

If still you do not know the term Blockchain (or blockchain) let me tell you that this is a shared database that works as a book for the record of buying and selling operations or any other transaction.

It is the technological base of the operation of bitcoin, for example. It consists of a set of notes that are in a shared online database in which operations, quantities, dates and participants are registered by means of codes.

By using cryptographic keys and being distributed by many computers (people), it presents security advantages against manipulation and fraud. A modification in one of the copies would be useless, but the change must be made in all the copies because the database is open and public.

Blockchain a new area for Ubisoft to explore

- Ubisoft has already presented a number of possible solutions that can be put into practice.

“At Ubisoft, we believe it is important to be part of the pioneering way that gamers can take advantage of the blockchain. We believe that blockchain has the potential to transform the gaming experience. Therefore, our task is to accelerate the integration of blockchain at Ubisoft.

Ubisoft said Anne Puck.

As well it is interesting that Ubisoft chose Ethereum. Currently, Ubisoft is one of the most influential companies in the world, thanks to the great success of many of its titles.

Ubisoft says it's poised to change the gaming industry developing a series of standards based on blockchain technology and preparing the field for future mass adoption.

Since you are creating a type of theme park where players can jump into created worlds and earn cryptocurrency to complete challenges.

Theme park operators, if they wish, are likely to share their creations for others to play to earn a percentage of the coin once users actually beat the levels and such.

Ubisoft unites its powers together with Enjin Coin to reach approximately 2.600 billion players worldwide.

The numbers say that in 2017, the gaming industry passed the $ 36 billion mark and while we wait for new technologies like Virtual Reality and Blockchain to penetrate the market, this amount is likely to grow rapidly.

The main objective of the alliance created is to change the traditional gaming industry through the development of a set of new standards and the application of the potential of blockchain technology to the industry.

Ubisoft is one of the most notable members of the newly formed group. Enjin, Fig, Alto, Ultra, Gimli and EverdreamSoft are among other members of the consortium.

However, we need to find out if Ethereum, with the current limitations on transaction performance, can handle the rapid increase in active users in the near future. In the meantime, however, their plans continue.

In view of Ubisoft's business model, the new platform is likely to allow in-game or out-of-game purchases via the Ethereum blockchain . However, according to Ubisoft, it is difficult to find a cryptocurrency that is more suitable for this purpose.

Blockchain technology also seems to start to penetrate computer games. Ubisoft wants to go a little further, so we keep our fingers crossed and hope to keep moving forward.

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  1.   b604673 said

    But are we going dumb or what is it?