Ubisoft Enters Strategic Partnership with Nomadic Labs to Become a Tezos (XTZ) Baker
French publishing giant Ubisoft enters a strategic partnership with Nomadic Labs, a research firm focused on Tezos, to become a corporate baker on Tezos.
A letter shared on Tuesday confirms Tezos' research firm, Nomadic Labs, entered a strategic partnership with France-based gaming publisher Ubisoft. The latter, widely known for its exploits in Far Cry and Assassins Creed, will join the Tezos ecosystem as a corporate baker or node validator to help in ‘baking’ (similar to mining) new blocks on the network.
Michel Mauny President of Nomadic Labs
“This announcement proves once again that the Tezos ecosystem is one of the most active in the world.”
“We are delighted to have worked with the Ubisoft Strategic Innovation Lab on their exploration of Tezos.”
Ubisoft joins the 227-corporate bakers on Tezos, allowing the firm to validate transactions (bake blocks) on the Tezos blockchain. As one of the first multi-national firms to show interest in other blockchains other than Bitcoin, Ubisoft aims to bring its expertise and computational power to Tezos blockchain – boosting decentralization.
🎮@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
“Their experience and vision will be an asset in the Tezos community.”
Tezos uses a proof-of-stake consensus mechanism to validate blocks on the blockchain rather than proof-of-work. As part of the ecosystem, Ubisoft will continue using the liquid PoS technology to research how Tezos will make gaming better in the future. Additionally, the giant gaming publisher will explore blockchain technology through its Strategic Innovation Lab to “help Ubisoft get ready for the future by exploring the opportunities offered by innovative technologies,” the statement further reads.
Nicolas Pouard Blockchain Initiative Director at Ubisoft
“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.”
Ubisoft is a long-term blockchain proponent, having joined EOS-based platform, Ultra as a block producer to approve transactions made on the sidechain back in 2019.