Kodak announces the KodakCoin blockchain cryptocurrency

Kodak announces the KodakCoin blockchain cryptocurrency

(Image: Kodak) Kodak has announced the launch of its KodakCoin cryptocurrency utilising blockchain security technology, which it said is aimed at enabling image rights management for photographers. "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," Kodak said. The camera company’s "photo-centric" cryptocurrency is being launched under a licensing partnership with Wenn Digital, and will also involve a blockchain-backed image rights management platform called KodakOne. "Utilising blockchain technology, […]