A recent announcement made by Microsoft has revealed that an update to XBOX One will make the console backwards compatible.
Details are sketchy at the moment but it has been said that over 100 titles will be backwards compatible with digital copies being available for those that own physical versions of the game.
XBOX Live Arcade titles will also become available for download on your XBOX One console.
Once again, the full details of how this system will work and its exact roll out window to console owners at this time is unknown but it has been said that continued support and updates to the list of games that will be backwards compatible will be available for the foreseeable future similar to backwards compatibility on the XBOX 360 for original XBOX games.
More on this as it develops.