Kodak Is Bringing Virtual Currency To Photographers

The US technology company Kodak has entered the cryptococertory sector. On Tuesday, after the news of such steps being taken to maintain dominance in the camera market, its share price exceeded twice. New York-based organization said in a statement that they launched a cryptococcern called 'Kodakkayen' for photographers. Kodak made the copyright management platform 'Codeakwan' in collaboration with Wayne Digital. This cryptocarrency was introduced as part of this platform.

Like Bitcoin and other digital or virtual currencies, this platform also uses blockchain technology.

After the release of Kodak's new journey, its share price started to grow. Increasingly, at a one-stage price of $ 6.65 per share. Although the Reuters report's latest price is $ 5.95, which is 92 percent more than before.

According to Kodak, "Codecwan does not only allow photographer to get their work licensed and get paid to get paid faster, as well as search the Internet about whether the pictures taken from them are unauthorized.