Kodak enter to the blockchain - KodakCoin

A blockchain, while many people do not understand the reality.

The restaurant chain jumps the stock price merely by using the blockchain in the press release, the stock price jumps and just adding the ice tea brand with the blockchain with the name, this again the stock price soaring, the biotech company also put a blockchain in the name and put the stock price. So if you think that the CEO has sold out and made a profit, there is nothing to be done.

The camera maker Kodak also participates in the virtual currency project.

According to the Verge that Kodak launched a virtual currency venture that does not know well about. Kodak's stock price, originally up and down about 3 dollars, spike as high as 6.80 dollars.

It seems that the idea unique to the camera maker has been pouring in, as well as shouting.

Kodak's virtual currency Kodakcoin will function as a token in the rights management platform called KodakOne that runs through blockchain. This platform seems to be used as a digital ledger to register photographers' old and new works and manage licenses. According to this virtual currency and platform, both photographers and agencies can get better control over image rights, explained in the press release. It seems to be able to receive consideration of photos through virtual currency on a secure platform.

Jeff Clarke CEO says, In the Tech industry blockchain and virtual-currency are hot buzzwords. But for photographers who have had trouble managing permission to use their work and managing how they are used, these buzzwords are key to solving the problem that they feel impossible.

According to Mr. Clarke, that the blockchain technology will be very important in the future, but the stock price will not be doubled. It is not a project aimed at a momentary rise in stock price, but the power of the blockchain and the virtualcurrency is still amazing.


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