Ava Protocol, Sony’s Soneium partner for no-code blockchain automation
Ava Protocol, a Web3 infrastructure provider, has partnered with Soneium, a layer-2 blockchain from Sony Block Solutions Labs.
The collaboration will integrate Ava Protocol’s intent-based, no-code automation into the Soneium Spark incubation program, which is designed to support developers and creators.
A news release shared with Cointelegraph said the collaboration will simplify blockchain “for developers and non-technical users alike.”
“With its intelligent, intuitive automation, they can enjoy enhanced privacy, composability, and substantially lower transaction costs.”
Related: Circle partners with Sony’s blockchain lab on USDC expansion
Implications for Ava Protocol users
The partnership’s intent-based automation will allow creators and developers to monetize and manage their work more efficiently, minimizing complexity and lowering transaction costs, the release said.
Users can leverage blockchain technology through simpler smart contract execution on Soneium, which is accessible to those with technical and non-technical backgrounds.
The collaboration aligns with Ava Protocol’s broader goal to enable Web3 builders to create effortless, efficient and easy-to-use solutions.
Related: Sony debuts Soneium Minato testnet, Web3 developer incubator
Soneium’s focus on performance
Soneium is designed to provide high-performance, scalable and secure access to decentralized finance, non-fungible tokens (NFTs) and other creator economies.
The open-source blockchain aims to serve various needs “across all verticals,” which include recurring payments, NFT updates and support for complex smart contract conditions.
The integration with Ava Protocol will further enhance Soneium’s capabilities “by executing transactions and smart contracts based on predefined conditions.”
“It supports recurring payments, stop-loss orders, and yield harvesting, as well as dynamic NFT updates and minting.”
Related: Soneium blockchain launched by Sony to attract Web3 developers
Considerations and Circle collaboration
Although the collaboration aims to improve the capabilities of both entities, Soneium’s market adoption and scalability remain untested.
Web3 automation’s reliance on predefined conditions may limit its flexibility for future use cases, and its complexity could pose challenges for non-technical users.
Alongside this latest partnership, on Sept. 15 Sony Block Solutions Labs entered a collaboration with Circle to boost the adoption of Circle’s USD Coin ( USDC ).
Magazine: Advanced AI system is already ‘self-aware’ — ASI Alliance founder
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Soneium Minato completes L1 contract upgrade and activates fault proof
Bitcoin mining company Cathedra Bitcoin announces completion of its 0MW North Dakota data center