Ubisoft Is First Major Gaming Company To Embrace Blockchain

Ubisoft is the first major gaming company that will start using blockchain technology to bring it closer to real-world users. Let’s see in our blockchain latest news, how can the company achieve this goal.

While many of the smaller development companies and programmers worked to release their own blockchain-based games, the distributed ledger technology among the major gaming companies has so far been largely neutral. This is about to change as Ubisoft is the first popular gaming company that made a partnership with Ultra, a DLT-driven gaming platform where the users can earn digital currency and purchase games with it.

Ubisoft is the mainstream gaming giant that was responsible for the Assassin’s Creed Franchise, Far Cry and a lot of other commercial hit games. The company knows how to make games that the gamers will actually play and does it extremely well. The professional approach to game development in the blockchain industry is not quite common. Most of the blockchain games are my passion project developers or smaller-scale commercial enterprises maybe because of the technology’s association with regulatory uncertainty and game developers who are mostly keeping blockchain at arm’s length.

Ubisoft is now going to become the block producer on Ultra’s associated UOS blockchain. This move is mainly about lending UOS more trust since the gaming company is an established company and its hardware is now part of the ecosystem that approves transactions in UOS tokens which will be confirmed by other block producers. It is also not so weird to imagine that Ubisoft could begin developing blockchain-dependent games for the Ultra Platform.

As per the recent reports, The French video game giant with a net income of more than $153 million and around 16,000 employees will produce blocks on Ultra’s testnet and could stick around for the mainnet launch. This would give the company a true stake in the EOS-based distribution platform. Knowing that Ubisoft is a key player and an industry giant, the company has agreed to produce blocks on its testnet before the end of the year.

Meanwhile, people know Ultra for its UOS blockchain which is actually a fork of EOS. Ubisoft will be one of the companies to produce blocks and validate transactions on the platform. This announcement comes right after Ultra added a trio of technical block producers: Bitfinex, EOS Rio and EOS New York.