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Dubai News Club > Tech > Textbook publisher: NFTs will let us squeeze even more money out of students
Tech

Textbook publisher: NFTs will let us squeeze even more money out of students

Press Room
Last updated: 2022/08/03
Press Room
Published: August 3, 2022
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Textbook publisher Pearson suggests blockchain tech could let it take a cut of secondary textbook sales, capturing a section of the book market that’s so far escaped it. As quoted by Bloomberg, Pearson CEO Andy Bird believes non-fungible tokens, or NFTs, could help publishers make money off textbook resales, although he stopped short of describing concrete plans.

“In the analog world, a Pearson textbook was resold up to seven times, and we would only participate in the first sale,”…

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