Today, the company announced a collaboration with the HBAR Foundation, the creators of a distributed ledger technology which acts as an alternative to current blockchain technology. The crypto is quite popular and ranks at #32 by market capitalization at the time of writing.
With this agreement, Ubisoft becomes a member of the Hedera Governing Council, which means participation in the governing and creation of new products, as well as the operation of a node on the Hedera network.
The Blockchain Technical Director at Ubisoft Strategic Innovation Lab commented:
“At Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games. The Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.”
Hedera has yet to introduce any games, however, it has given itself perhaps the best possibility for creating a breakthrough in crypto gaming with its brand-new technology, combined with the considerable experience of Ubisoft.
Check out the previous updates from Ubisoft’s journey to blockchain integration:
Ubisoft Continues to Stand its Ground Regarding NFTs
Ubisoft Becomes the First Big Gaming Studio to Bring NFTs to Its Games. Mass Adoption Has Begun
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Source: Cryptocurrency - investing.com