Photo centric cryptocurrency
Since its peak in November, Bitcoin has lost more than 45 per cent of its value. And the superlatives have piled up really quickly. With the US Federal Reserve intending to withdraw stimulus from the market, riskier assets the world over have suffered. Bitcoin, the largest digital asset, extended its decline on Saturday, and has shed more than 50 per cent from its record high in November while adding further momentum to the meltdown in cryptocurrencies. Other digital assets also slid, with Ethereum down 12 per cent. Solana and Cardano each fell at least 17 per cent, according to Coinbase.
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Photo centric cryptocurrency
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- How Kodak went from photography pioneer to pharmaceutical producer
- Kodak’s New Cryptocurrency Shows Benefits of Blockchain Copyrights
- Kodak's cryptocurrency adventure and the danger of crypto hype
- Kodak stock more than doubles on news of photo-focused cryptocurrency
- What is KodakCoin? Kodak to launch 'photo-centric’ cryptocurrency to empower photographers
- Kodak boards the blockchain train – announces own cryptocurrency and stocks soar 60%
- ASCM Insights
- The blockchain revolution, from art to healthcare, by way of pensions and finance
How Kodak went from photography pioneer to pharmaceutical producer
S technology firm named Kodak is going to launch a Cryptocurrency only for the Photographers! Yes, you heard me right. I am not joking about it. That U. Morever, in an announcement, Kodak said that the cryptocurrency would underpin "an encrypted, digital ledger of rights ownership for photographers.
But for photographers who've long struggled to assert control over their work and how it's used, these buzzwords are the keys to solving what felt like an unsolvable problem.
Kodak has always sought to democratize photography and make licensing fair to artists. These technologies give the photography community an innovative and easy way to do just that. Kodak has joined a growing list of companies that have highten their shares by announcing forays into cryptocurrencies and Blockchain. Time has become crazy. And I think it will become crazier day by day. Let's just see what happens next.
See ya people! This is great, they are very smart! As well check EzToken or Beetoken. Either it's decentralized first-to-submit-ownes-it and it's the same situations as the patent trolls in the software industry, or it's centralized via KODAK and any good ol' database will do the trick. I think, it's decentralized first-to-submit-ownes-it and the photographer gets they're proper rights.
In that case, no one use other's photography in free, I guess. That might work for newly taken photos that are never published until after they have been submitted to and approved by the blockchain. But the moment the system starts, it will be flooded with claims for existing works by people that don't actually own them.
That is true. It will be impossible to identify the owners, Unless there is a way for people to prove their Existing works. This post has received a 1. For more information, click here!!! Send minimum 0. The Minnowhelper team is still looking for investors Minimum 10 SP , if you are interested in this, read the conditions of how to invest click here!!! ROI Calculator for Investors click here!!!
All posts. Newcomers' Community. Steem Venezuela. Steem SEA. Steem POD Team. Explore communities…. A CryptoCurrency for Photographers!!!
Did you guys see the news? How awkward is that?! Wow to that! Maybe I should change my name to "BlockChain Rayne" too. LOL Time has become crazy. And Congratulation to all Photographer! Reply Sort: Trending Trending Votes Age. Awkward at the same time :. That's crazy man! I know right! Me too : I am hoping for more interesting actions from them in future :. Do they at any point explain how does blockchain solve the unsolvable problem they mention?
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Kodak’s New Cryptocurrency Shows Benefits of Blockchain Copyrights
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Kodak's cryptocurrency adventure and the danger of crypto hype
The cryptocurrency and platform are meant to "empower photographers and agencies to take greater control in image rights management. The KODAKOne platform does this the same way Binded formerly Blokai does: by using blockchain technology to create an "encrypted, digital ledger of rights ownership" where photographers can simply and securely register their new and old work. The difference being, of course, that Kodak is setting up its OWN blockchain and cryptocurrency rather than piggybacking upon an existing one. Once registered, photographers can license their work through the KODAKOne platform, and the platform will continually crawl the web and monitor for infringement of registered images. For now, if you visit the KODAKCoin website, you'll be greeted by the splash screen below, but that should be gone with the day:. These technologies give the photography community an innovative and easy way to do just that. 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. Where unlicensed usage of images is detected, the KODAKOne platform can efficiently manage the post-licensing process in order to reward photographers.
Kodak stock more than doubles on news of photo-focused cryptocurrency
Kodak has entered the world of cryptocurrency with a new photography platform it has recently launched, a decision which should reward the company far greater than many of its other efforts in recent years. A series of crushing losses have beset Kodak within the past 15 years, and its many attempts to regain its status as a giant in the film and photography industry have been largely unsuccessful. Struggling not to quietly disappear and become a vestige of the digital age, it has survived on the periphery more or less in recent times, even in the face of waves of global layoffs within this period. The company may have found salvation, however, with its latest initiative, announced just yesterday: a digital licensing partnership with WENN Digital to create KODAKOne , a platform designed for the sole purpose of image rights management. In an equally smart move, the company at the same time disclosed details about its plans to offer a KODAKCoin cryptocurrency together with the platform.
What is KodakCoin? Kodak to launch 'photo-centric’ cryptocurrency to empower photographers
This might strike you as an extraordinarily bizarre story. It is officially silly season in the land of cryptocurrency. Some of these companies might conjure an actual consumer business from this exercise in magical word choice. So far, most of them are doing no such thing. Before we continue, many readers—and, perhaps, many stunned employees at the aforementioned companies—might be wondering: What the heck is a blockchain, anyway? At the most basic level, it is a record of information stored on a network of computers.
Kodak boards the blockchain train – announces own cryptocurrency and stocks soar 60%
The century-old camera brand said Tuesday it is investing in blockchain technology and plans to launch a "photo-centric cryptocurrency" called KODAKCoin. With the price of Bitcoin , Litecoin , Ripple and other digital currencies skyrocketing, an eclectic mix of small, unrelated businesses has attempted to ride the wave of investor interest by teasing cryptocurrency pivots. Long Island Iced Tea Corp. Rich Cigars, a tobacco company, and Vapetek, an e-cigarette firm, each declared they were suddenly blockchain businesses. Here's what I learned. Investors have generally reacted to these announcements by sending the stocks soaring. However, Kodak framed the move as being about more than profiting off a buzzword.
With 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, said the firm. KodakOne platform provides continual web crawling in order to monitor and protect the IP of the images registered in the KodakOne system.
The blockchain revolution, from art to healthcare, by way of pensions and financeRELATED VIDEO: Buy Centric's CNS on JustSwap and turn $CNS to $CNR
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Its initial coin offering is still in progress, but a new announcement indicates that the team behind KODAKCoin is working to put the forthcoming cryptocurrency to use. The focus, he continued, is on "paying photographers fairly and giving them an opportunity to get in on the ground floor of a new economy tailored for them, with secure asset rights management built right in. Then, the community of artists engaging with the platform are able to use the KODAKCoin as a means of payment either for licensing or sale under the protection of an encrypted blockchain that tracks ownership and enforces artist rights to content. Dohnanyi said on the partnership that the venues would provide "groundbreaking access to the world of sport and entertainment. The OVG Arena Alliance is a membership alliance of world-class venues reaching over 65 million consumers each year combined across major cities in North America. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups.
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