Sony and Astar developers will establish a joint venture to promote the development of Sony Chain

ChainCatcher news, Sony's subsidiary Sony Network Communications and Astar Network developer Startale Labs jointly announced that they will establish a joint venture "Sony Network Communications Labs Pte. Ltd." in mid-September, which will focus on the research and development of blockchain technology.

Startale Labs CEO Sota Watanabe stated that the new joint venture will promote the development of Sony Chain.