Ubisoft looking at blockchain for video games

Ubisoft announced is investigating the implementation of blockchain-based assets in video games.

Ubisoft Strategic Innovation Lab director Lidwine Sauer said the fascination with cryptocurrencies has driven the company to investigate applications of the technology.

Sauer said blockchain-based digital assets will allow gamers to truly own their in-game collectibles or cosmetic items.

“Thanks to the blockchain, we can now have the equivalent of a digital Picasso, with the advantage that it’s a lot more difficult to steal something on the blockchain than to steal a Picasso,” she said.

Ubisoft did not state whether blockchain-based assets will be implemented in upcoming games or integrated with existing microtransaction models.

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Ubisoft looking at blockchain for video games