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Softbank Joins Oasys Blockchain as a Verifier

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On February 16, Softbank revealed that it would participate in the Japanese game blockchain Oasys as a verifier. At present, 21 initial verifiers operating Oas…

Softbank Joins Oasys Blockchain as a Verifier

On February 16, Softbank revealed that it would participate in the Japanese game blockchain Oasys as a verifier. At present, 21 initial verifiers operating Oasys blockchain include game companies such as Square Enix, Sega, Bandai Namco Labs and GREE, and Web3 companies such as bitFlyer and Aster.

Softbank will participate in the Japanese game blockchain Oasys as the verifier

Interpretation of the news:


Softbank has made an announcement that it will be joining the Japanese game blockchain Oasys as a verifier. Oasys blockchain is a platform designed to be used by game developers and gamers alike. Softbank is not the only significant member of Oasys as a verifier as there are already 21 active verifiers.

The Oasys blockchain verifies data in games and is currently being used by several other game companies such as Square Enix, Sega, Bandai Namco Labs and GREE as well as Web3 companies like bitFlyer and Aster. The blockchain provides a dependable platform for developers to create new games and apps while ensuring that users enjoy the highest level of security.

When a user makes a transaction in Oasys, the nodes on the blockchain network validate the transaction to ensure that it follows the network’s rules. The verifiers play a critical role in this process, making sure that the data is genuine and the transaction is valid. The more verifiers there are in the network, the more secure it becomes. Therefore, the addition of Softbank to the Oasys verifier team is a significant milestone in the development of the platform.

The decision of Softbank to become a verifier on Oasys will not only benefit the platform, but it will also provide Softbank with the potential for growth and new revenue streams. Softbank is a multinational conglomerate with various interests, and their involvement in Oasys blockchain could lead them to broaden their investments and interest in blockchain technology.

The move by Softbank also shows how large corporations are turning to blockchain technology to optimize business practices and gain an edge over their competitors. Softbank has always been one of the early adopters of new technologies and we can expect them to continue to drive blockchain technology in Japan.

In conclusion, Softbank’s involvement in the Oasys blockchain network marks another significant milestone in the adoption of blockchain technology in Japan. The addition of Softbank to the verifier’s list of the platform provides further credibility, stability and security to Oasys blockchain. Large corporation’s interest in blockchain technology continues to drive innovation in the space, and this move proves that blockchain has become mainstream and worth considering in various sectors.

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