MobileRead Forums - View Single Post - E-books as NFTs (non-fungible tokens)

datostar · 08-02-2022, 01:40 PM

Interesting piece in today's UK 'Daily Telegraph' newspaper.

Publishers Pearson plan to use blockchain technology to embed trackable codes into its digital school and university textbooks to allow the firm to take a slice of any resale by a student or college. The technology should allow Pearson to demand payment each time its academic guides change hands. They are aware that their print editions are re-sold up to seven times and as they only benefit from the original sale they are somewhat displeased by this. The NFTs will allow digital items to be given a unique code to prevent duplication and track ownership.

If this comes off and works as intended could it be the future for E-books in general?

08-02-2022, 01:40 PM	#1
datostar Enthusiast Posts: 40 Karma: 4158 Join Date: Oct 2012 Device: Kobo Touch	E-books as NFTs (non-fungible tokens) Interesting piece in today's UK 'Daily Telegraph' newspaper. Publishers Pearson plan to use blockchain technology to embed trackable codes into its digital school and university textbooks to allow the firm to take a slice of any resale by a student or college. The technology should allow Pearson to demand payment each time its academic guides change hands. They are aware that their print editions are re-sold up to seven times and as they only benefit from the original sale they are somewhat displeased by this. The NFTs will allow digital items to be given a unique code to prevent duplication and track ownership. If this comes off and works as intended could it be the future for E-books in general?