Crypto News

Gaming Giant Ubisoft Becomes a Tezos Baker

French game publisher Ubisoft has partnered with Tejos, which has become an official corporate verifier node on its blockchain. Nomad Labs, a research and development team within the Tezos ecosystem, announced the partnership via Twitter.

Ubisoft is now one of the largest video game publishers working with the Defy protocol and using blockchain technology. The company is behind many popular franchises such as Assassin’s Creed, Far Cry, Tom Clancy and Watch Dogs. Michelle Mouni, president of Nomadic Labs and expert on Tejos blockchain said:

“We are happy to work with Ubisoft Strategic Innovation Lab on Tezos’ discovery. Ubisoft is one of the first large companies to show interest in blockchain technology through years of testing many protocols and we welcome them to our ecosystem Happy doing. “

Ubisoft Blockchain Discovery

The company said its mission is to facilitate and spread blockchain adoption and innovative technology. As part of its long-term research plan, Ubisoft will experiment with proof-of-stake consensus, validate transactions and add them to the Tejos blockchain.

“We are happy to join the stunning ecosystem as a corporate baker. Ubisoft believes that blockchain has the potential to bring new possibilities for players and developers alike, and this new collaboration will give us an ecosystem With our innovation efforts that align with our environmentally-friendly approach to its proof-of-stake consensus algorithm. ”—Side Nicholas Pourd, director of the Blockchain Initiative at Ubisoft.

Ubisoft is now the first gaming corporation to To bake Utility Token of XTZ -Tezo. Verifiers can place up to 8,000 XTZs at stake to connect to the governance of the network and distribute prizes. This is not the first time Tezos works with industry veterans. The protocol has been known to work with high-profile businesses for a while.

Société Générale, one of the largest French banks, made its first experiment with the protocol in September 2020 Reported By CryptocurrencyThe bank has officially released a security token on the Tezos blockchain after several months of testing. The move follows Societe Jenley’s plans to offer custody service, issuance and crypto-asset structure to its professional clients by 2022.

A few weeks ago, Tezos Launched The long-awaited tenderbeck testnet, an algorithm designed to handle multiple validators on a network. TestNet is the result of global collaboration between academic researchers and engineers.

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