New Kodak crypto currency will help photographers protect their copyrights

<pre>New Kodak crypto currency will help photographers protect their copyrights

Leader of the world photo industry Kodak company announced its intention to create its own crypto currency. According to the authors of the idea, KodakCoin will simplify the process of getting money by photographers for the work done and also help them monitor copyright compliance.

The project partner WENN Digital will assist in the implementation of the KodakOne platform, which in turn will help launch block technology to create a digital registry, where the authors' rights to individual photographs will be documented.

It is assumed that the crypto currency will become a means of payment for their use. In the digital age, it is increasingly difficult for professional photographers to monitor the facts of violation of their copyrights, so they are ready to vote for KodakOne implementation with both hands.

Until now, most of the known crypto-currencies are just a means to create competition for bitcoins. However, recently there has been a trend towards more specific use of blocking technology – for example, on stock exchanges, in the motor transport industry and in entertainment.

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