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Kodak announces KODAKOne platform and KODAKCoin Cryptocurrency

Kodak announces KODAKOne platform and KODAKCoin Cryptocurrency

The KODAKOne image rights management platform will create an encrypted, digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform. KODAKCoin allows participating photographers to take part in a new economy for photography, receive payment for licensing their work immediately upon sale, and sell their work confidently on a secure blockchain platform.

Cutting-edge technology: Utilizing , the KODAKOne platform provides continual web crawling to monitor and protect the IP of the images registered in the KODAKOne system. Where unlicensed usage of images is detected, the KODAKOne platform can efficiently manage the post-licensing process to reward photographers.

Government-backed regulation: This community will be supported with a set of unique benefits only available by the issuance of KODAKCoin cryptocurrency via an SEC Regulated Initial Coin Offering (ICO).

The company’s stock jumped 44 percent on the news and is currently trading at $4.30, up 37.60% on the day. Here’s the buzzword-filled description of the product. The Initial Coin Offering (ICO) will take place on January 31, and is open to accredited investors from the U.S., Canada and other select countries. The coin will be called KodakCoin.

Credits: https://techcrunch.com/2018/01/09/kodak-announces-ico-stock-jumps-44

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Kodak announces KODAKOne platform and KODAKCoin Cryptocurrency
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Kodak announces KODAKOne platform and KODAKCoin Cryptocurrency
Description
The KODAKOne image rights management platform will create an encrypted, digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform. KODAKCoin allows participating photographers to take part in a new economy for photography, receive payment for licensing their work immediately upon sale, and sell their work confidently on a secure blockchain platform.
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