Kodak to Issue Its Own Virtual Currency: DealBook Briefing
- 6 years ago
Kodak to Issue Its Own Virtual Currency: DealBook Briefing
Shares of Kodak surged 34 percent after the company said it said it was launching a “major blockchain initiative.”
The company and WENN Digital announced the creation of KODAKOne, an image rights management platform,
and KODAKCoin, a virtual token “to allow photographers and agencies to take greater control in image rights management.”
“For many in the tech industry, ‘blockchain’ and ‘cryptocurrency’ are hot buzzwords,
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,” said Jeff Clarke, Kodak’s chief executive.
One additional note: Having attended the forum a few times, I’d say
that one thing that a visit from Mr. Trump would definitely do is make the traffic in Davos during the event — which often moves at a glacial pace as V. I.P.’s vehicular escorts crawl through the windy streets — probably more difficult.
Here’s what Rebecca Katz, a Democratic strategist, told the NYT:
“Beating Trump isn’t just about finding the right candidate — we have to show what we stand for,” Ms. Katz said.
• The NYT reviewer found “Fire and Fury,” Michael Wolff’s book on the Trump White House, “fitting, if ultimately unsatisfying.” (NYT)
• Some Senate Republicans are quietly urging J. D.
Vance, the investor and author of the book “Hillbilly Elegy,” to run against Senator Sherrod Brown, Democrat of Ohio.
Shares of Kodak surged 34 percent after the company said it said it was launching a “major blockchain initiative.”
The company and WENN Digital announced the creation of KODAKOne, an image rights management platform,
and KODAKCoin, a virtual token “to allow photographers and agencies to take greater control in image rights management.”
“For many in the tech industry, ‘blockchain’ and ‘cryptocurrency’ are hot buzzwords,
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,” said Jeff Clarke, Kodak’s chief executive.
One additional note: Having attended the forum a few times, I’d say
that one thing that a visit from Mr. Trump would definitely do is make the traffic in Davos during the event — which often moves at a glacial pace as V. I.P.’s vehicular escorts crawl through the windy streets — probably more difficult.
Here’s what Rebecca Katz, a Democratic strategist, told the NYT:
“Beating Trump isn’t just about finding the right candidate — we have to show what we stand for,” Ms. Katz said.
• The NYT reviewer found “Fire and Fury,” Michael Wolff’s book on the Trump White House, “fitting, if ultimately unsatisfying.” (NYT)
• Some Senate Republicans are quietly urging J. D.
Vance, the investor and author of the book “Hillbilly Elegy,” to run against Senator Sherrod Brown, Democrat of Ohio.