KodakOne to Manage Image Copyright on Blockchain

Last year Kodak launched a blockchain project called KodakOne. KodakOne has plans to manage image copyrights on a platform, and, is linked to their own cryptocurrency, named KodakCoin. In an interview with Breakermag, co-founder Cam Chell, stated that they intend to utilise Artificial Intelligence (AI), cryptocurrency payments, and metadata to potentially open a major new source of income for professional photographers.

KODAKOne has stated that they have already generated $1 million in licensing claims for photographic rights in a beta test of its platform. The technology behind KODAKOne is planned to be an ERC-20 contract on the Ethereum (ETH) platform, using components of Stellar Lumens (XLM) and Hyperledger.

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