Video Game Giant Ubisoft is Considering Adopting Blockchain Tech

Feb 26, 2018 at 13:20 // News
Author
Coin Idol
Ubisoft is considering adopting blockchain

Large European game manufacturer Ubisoft has made up its mind to start researching Blockchain technology for further possible opportunities. Lidwine Sauer, the director of insights and trends at Ubisoft, reported that their company is looking towards the latest fintech innovations, including Blockchain.

Lidwine Sauer explained that Blockchain tech provides more serious security over digital assets:

"Thanks to the blockchain, we can now have the equivalent of a digital Picasso, with the advantage that it's a lot more difficult to steal something on the blockchain than to steal a Picasso."

Lidwine Sauer also told  IGN, the game and entertainment media company, that Ubisoft has a keen interest in the capacity of Blockchain tech to provide complete proprietary to an owner over some virtual objects.  For instance, if we take some other digital system, such as cloud technology, it maintains digital replication. The process like this is unacceptable on the Blockchain platform because of its advanced security. That is why this financial technology has significant value for the industry of virtual games.

The gaming company is, at the moment, exploring a couple of popular technologies on the financial market, such as cryptocurrencies and blockchain. Besides, it is doing attempts to mix the physical technologies with the digital technologies like blockchain.

It is interesting to know that Ubisoft already launched a game called Starlink: Battle for Atlas, which enables players to build a ship in real life. And the modifications of the ship are also visible in the virtual gaming space as well.