Ultra is one of a number of companies that believes blockchain and cryptocurrency can make the distribution of games more efficient and gamers more loyal. And today, the Paris company is announcing that French video game giant Ubisoft will help validate transactions on its blockchain for gamers.
Blockchain is a distributed ledger for transparent and secure transactions, and it is the foundation for cryptocurrencies such as Bitcoin. Ultra has created its own blockchain, UOS, a sister branch of EOSIO, and Ubisoft is the first major gaming company to serve as corporate block producer during a trial period on Ultra’s testnet. That basically means Ubisoft is helping Ultra verify that its blockchain technology works properly. That’s meaningful because most big game companies have been tiptoeing around blockchain, which has the potential to disrupt a lot of businesses.
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