Museums and Galleries: Non-fungible Tokens

(asked on 18th December 2023) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, what assessment she has made of the potential merits of the incorporation of Non-Fungible Tokens into cultural objects held by (a) the British Museum and (b) other museums to (i) confirm their authenticity and (ii) help prevent their theft.


Answered by
Julia Lopez Portrait
Julia Lopez
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 11th January 2024

The Department for Culture, Media and Sport has not made a specific assessment of the merits of Non-Fungible Tokens (NFTs) in this context. The British Museum has noted that, due to the cost and resource requirements involved, and as they do not significantly mitigate risk, the Museum currently has no plans to adopt the use of NFTs in this way.

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