KODAK and WENN Digital Partner to Launch Major Blockchain Initiative and Cryptocurrency

Business Wire;

Today Kodak and WENN Digital, in a licensing partnership, announced the launch of the KODAKOne image rights management platform and KODAKCoin, a photo-centric cryptocurrency to empower photographers and agencies to take greater control in image rights management.

Utilizing blockchain technology, the KODAKOne 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. With KODAKCoin, participating photographers are invited to take part in a new economy for photography, receive payment for licensing their work immediately upon sale, and for both professional and amateur photographers, sell their work confidently on a secure blockchain platform. KODAKOne platform provides continual web crawling in order 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 in order to reward photographers.

Another legacy company jumping on the blockchain and cryptocurrency trend. I can understand the blockchain part, since the tech has a lot of potential outside cryptocurrency, but creating your own cryptocurrency, which they are calling kodakcoin, I’m not sure about that.

The Kodak Ektra Goes On Sale

Jamie Inocian, writing for Unbox Ph;

Late last year, we reported that the famous film company, Kodak, had been working on a smartphone with a primary focus on photography. The phone was called the Kodak Ektra and it boasts of a 21-megapixel rear camera with f/2.0 aperture, equipped with phase detection autofocus, 6-axis optical image stabilization, and is capable of shooting videos in 4K. While the specs for its main shooter are impressive on paper, the camera samples that the company shared were equally amazing as well.

I didn’t know what Kodak is still in business.