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Yosuke Matsuda- Square Enix Is Now Following The Blockchain Gaming Bandwagon

Yosuke Matsuda, President at Square Enix writes a letter to investors talking about its firm’s interest in upcoming technologies- blockchain technology and game streaming. He writes:

With the subsiding of the cryptocurrency bubble, the use of blockchain technology has spread to a variety of non-cryptocurrency domains as well.  

Matsuda mentions one interest as gaming space, which has many exclusive developments including games its platform services via blockchain technology. They seem really impressed by blockchain technology applications within the digital content market.

By chance, if Square Enix plans to follow blockchain gaming they are more likely to join firms such as Ubisoft. As this company is an inaugural member from the recent “Blockchain Game Alliance in 2018”. Some other participants are ConsenSys Blockchain Software Company along with startups:

  • Alto
  • Ultra
  • Enjin
  • Fig
  • EverdreamSoft
  • Gimli
  • B2Expand

Ubisoft recently establishes an entire game with the help of blockchain. Currently, this game let players earn digital cash converting them into bitcoin. Also, he also notes:

In addition, with both the public and private sectors supporting cashless payments, numerous digital currency services are currently battling for supremacy in that field.

Matsuda and its company express interest to join the development of video game streaming industry. There is a possibility for blockchain video game streaming to explore in 2019. According to Matsuda, particularly game streaming provider in the future will become the ultimate driver to bring in a sale of games. within boxes to digital consumption.

Lastly, streaming will also spark new subscription business models. So, let’s start deciding on how can we engage with the coming trends & technology to boost up the future growth.

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