Microsoft Developing Next-Gen Xbox Console with Crypto Support
Microsoft is working on developing its next gaming console, known as Gen 10, which will include support for cryptocurrency. According to a leaked slide deck obtained by Axios, the Redmond-based company is focused on incorporating features such as voice chat, player achievements, and crypto wallets into the console.
The leaked documents, which are dated May 2022, also reveal Microsoft’s plans to integrate artificial intelligence and machine learning technologies into the new Xbox. These technologies would be utilized to enhance in-game character dialogue generation and improve frame rate.
While specific details about the crypto feature are yet to be disclosed, it appears that Microsoft is interested in integrating cryptocurrency support across its products. Recently, data miners discovered that the company is working on an Ethereum wallet integrated into Edge, its chromium-based browser. Additionally, Microsoft partnered with Ankr in February 2023 to offer blockchain data access through a reliable node hosting service provider.
Hot Take: Microsoft Embracing Crypto in Gaming
Microsoft’s plan to incorporate cryptocurrency support into its next-gen Xbox console is a significant move for both the gaming and crypto industries. By allowing players to utilize crypto wallets within games, Microsoft is tapping into the growing popularity of digital currencies and blockchain technology. This integration could open up new opportunities for in-game purchases, rewards, and even trading virtual assets using cryptocurrencies.
Furthermore, Microsoft’s exploration of AI and machine learning technologies demonstrates its commitment to enhancing the gaming experience. By leveraging these technologies for character dialogue generation and improving frame rates, players can expect more immersive gameplay.
Overall, Microsoft’s efforts to embrace crypto in gaming signify the increasing convergence of these two industries and hint at a future where cryptocurrencies become an integral part of the gaming ecosystem.
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