Eco-friendly blockchain Oasys has partnered with Japanese multinational conglomerate Softbank.
The partnership will see Softbank join as Oasys' official validator exploring the development of blockchain-based services for the gaming industry.
Softbank will assist in security and computing power for Oasys’ proof-of-stake blockchain network to enable easier and more cost-effective transactions.
The collaboration will see Softbank leverage its position in the blockchain gaming industry. The blockchain market is expected to grow at a “compound annual growth rate (CAGR) of 13.3% from 2020 to 2025, reaching a value of $3bn by 2025”, according to a report by Research and Markets.
With the focus on ecologically friendly and environmental factors increasing vastly over the year, there has been a heightened interest in sustainable mining options and the firms that support them.
Being an eco-sound firm, Oasys has received popularity in the crypto industry and backing from many initial validators including Ubisoft, Netmarble, Bandai Namco Research, Sega, WeMade, Com2us and Yield Guild Games.
Recently, Square Enix also joined the multi-layered Ethereum Virtual Machine-compatible blockchain.
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