Kodak has announced the launch its own cryptocurrency — the company's shares increased by 120%
Shares of Kodak rose by 120% after it announced the release of its cryptocurrency KodakCoin. Predpolagaetsya that KodakCoin will be used for transactions inside the platform image management KodakOne. It is a system that will allow you to license the photographs to prevent theft of photos on the Internet, writes PetaPixel .
"The blockchain and cryptocurrencies are what will help photographers solve their eternal problem and have complete control over their work," said Kodak CEO Jeff Clarke.
As noted by PetaPixel, the platform, Kodak will work on the same principle as the previously executed service Binded. It is based also is the technology of the blockchain: the authors of the images enough to load them on service, then every job will have a unique "fingerprint" and fall into an independent public register. The resulting certificate can then be used as proof of copyright in case of litigation — it contains the data about the author name, date, size and file type and other information.