Blockchain News

Ubisoft and Leading Gaming Companies Form Blockchain Game Alliance

Blockchain Gaming Alliance

Leading companies in the gaming and blockchain space have joined their hands together and formed ‘Blockchain Game Alliance’. The Alliance was announced at the Blockchain Game Summit held from September 25-26 in France. The main aim of the alliance is to encourage and integrate blockchain development within the gaming industry.

The Blockchain Game Alliance includes many big names including Alto, Gimli, Fig, Ubisoft, Ultra, B2Expand, ConsenSys, EverdreamSoft and Enjin. The founding members of the alliance believe that blockchain will bring many benefits to the gaming ecosystem and help democratize the gaming industry. With its core technologies like distributed ledger, smart contract, and consensus mechanism, blockchain certainly has potential within the industry.

“The Blockchain Game Alliance is advocating for a universal standard in the blockchain gaming space to create a more interoperable and transparent ecosystem, which will benefit stakeholders, by furthering innovation and ensuring economic viability,” said Nicolas Gilot, CEO of Ultra, a blockchain based game publishing platform.

Essentially, the Blockchain Game alliance will allow stakeholders and enthusiasts to discuss new ideas and research regarding blockchain and its applications within the gaming industry. The alliance will also lead the way and establish best practices for upcoming blockchain gaming companies.

“Alliance members will have access to extraordinary businesses with some of the brightest minds, in order to improve collaboration and disrupt the status quo, so the industry can best serve the 2.2 billion active gamers worldwide,” said Dan Biton, co-founder of Gimli.

Many gaming companies are already using blockchain to do things like using the same characters in different games with interlinked environments or track in-game items and use them outside the specific games. Blockchain will also help mitigate the fees users and merchants traditionally pay for in-game payment gateways via distributed ledgers.

“While the alliance is still in its early stages, we are ambitious in our future plans and look forward to welcoming new members and unlocking the power of blockchain technology for the gaming community.”, Gilot added.

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