In an interview with Bloomberg, Pearson plc CEO Andy Bird discusses the benefits of moving digital textbook sales to blockchain and Non-Fungible Token (NFT) technologies as a mechanism to capture portions of secondhand sales:
“In the analogue world, a Pearson textbook was resold up to seven times, and we would only participate in the first sale,” he told reporters following the London-based company’s interim results on Monday, talking about technological opportunities for the company.
“The move to digital helps diminish the secondary market, and technology like blockchain and NFTs allows us to participate in every sale of that particular item as it goes through its life,” by tracking the material’s unique identifier on the ledger from “owner A to owner B to owner C,” said Bird, a former Disney executive.
Andy Bird also mentioned that other technologies are also under consideration as well:
“We have a whole team working on the implications of the metaverse and what that could mean for us,”
I stumbled across this Twitter thread the other day, of some web3 profiteer pitching ideas for how to extract value from existing brands, using blockchain tokens. Most of them are monetized loyalty programs operating under the assumption that the loyalty rewards would have an exchangeable value as currency on their own; or else, they’re just… READ THE REST
Land Life is a company that offers “Technology-driven reforestation at scale,” the kind of business that boasts buzzwords like this: Land Life Company is committed to its high-tech approach to smart reforestation, and applies it every step of the way: from beginning the process with detailed climate analysis to using specialized machines to mechanically speed… READ THE REST
From The Information: Some employees at [cryptocurrency trading firm Coinbase] have been using a real-time evaluation app invented by Bridgewater Associates, the well-known hedge fund founded by Ray Dalio, which helped enforce a culture of “radical transparency” that encourages blunt honesty, according to two people with direct knowledge. The app, Dot Collector, is sold by Principles, a… READ THE REST
Gaming is something that most people can appreciate. Whether you’re into the classics, a casual gamer, or a die-hard who plays all the time, there are many different ways to enjoy the hobby. But we think it’s safe to say, novice or professional, we’re all interested in how games even come to be. If you’re fascinated by gaming… READ THE REST
There are plenty of simple pleasures in life, but if you’re a coffee lover, you know you can’t measure the value of that little brown bean. From making mornings bearable to aiding in enjoyable conversation with friends, coffee is an essential part of your daily routine. Whether you’re hoping to become a skilled barista or simply want to impress… READ THE REST
There’s no argument that you’ll be using Microsoft Office applications at one point in your life. Whether you’re a student using it in your classroom or a professional using it in your office or during a meeting, having Microsoft Office knowledge is a vital skill set you can apply universally. However, with many Microsoft Office applications to choose from, it… READ THE REST
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