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Kodak Gets in on the Blockchain and ICO Picture

Kodak, the  iconic photography company  first established in in the 1880s, has joined the blockchain and ICO age. Today, January 9, 2018, it announced a new blockchain-based platform with WENN Digital to empower and protect image makers, photographers and artists. The new platform, known as  KodakOne , will enable users to register their work and license it with the platform. The image rights management platform will utilize the new  KODAKCoin  cryptocurrency to provide photographers with a new revenue stream and secure platform for protecting their work. The smart contract associated with KODAKCoin will ensure that photographers receive payment immediately upon their work being licensed in addition to receiving a share of the overall platform revenue. The platform will also continually scan the web to monitor and protect the artist’s IP and assist them in dealing with illegal use of their work. “For many in the tech industry, ‘blockchain’ and ‘cryptocurrency’ are hot buzzwords,