It has been reported that Ubisoft announced its partnership with Tezos-backed Nomadic Labs that will see the latter creating a validator node on the Tezos network.
🎮@Ubisoft is exploring #Tezos technology by becoming a corporate baker. 👋 Welcome to the ecosystem! Read the announcement: https://t.co/ZM1IzBTVCM#blockchain #DigitalTransformation #crypto #Ubisoft pic.twitter.com/6wKCQIFAOJ — Nomadic Labs (@LabosNomades) April 20, 2021
However, as a Tezos baker, Ubisoft through its Strategic Innovation Lab will join the group of validator nodes that authenticate and add transaction blocks to the network. Bakers also distribute rewards earned from validating transactions to wallets that have delegated their staked Tezos (XTZ).
The report said that the move to become a Tezos baker is part of Ubisoft’s broader plans of exploring the opportunities provided by novel technologies like blockchain. After the announcement, the video game company will be added to the list of 277 bakers on the Tezos network.
.@assassinscreed publisher Ubisoft is set to run a corporate Tezos bakery. https://t.co/NDTJYjjWgj — Cointelegraph (@Cointelegraph) April 20, 2021
Nicolas Pouard, the Blockchain Initiative Director at Ubisoft, stated:
“Ubisoft believes that blockchain has the potential to bring new possibilities to players and developers alike, and this new collaboration will allow us to pursue our innovation efforts with an ecosystem that aligns with our environmental-friendly approach thanks to its proof-of-stake consensus algorithm.”
Tezos is not the first blockchain project to attract Ubisoft’s attention in the area of transaction authentication. It became a block producer on the UOS Network back in January 2020.
Thus, with emerging developments at the intersection of blockchain and gaming, Ubisoft has been reportedly exploring adoption cases for a novel technology in gaming to remain competitive in the industry.