Crypto currency for photographers

Discussion in 'Photography discussion' started by AB22 Easy Tiger, Jan 10, 2018.

  1. AB22 Easy Tiger

    AB22 Easy Tiger Nocturnal Tourist Staff Member Contributor

    A new Kodak moment

    https://www.theverge.com/2018/1/9/1...ockchain-platform-ethereum-ledger-stock-price

    KodakCoins will work as tokens inside the new blockchain-powered KodakOne rights management platform. The platform will supposedly create a digital ledger of rights ownership that photographers can use to register and license new and old work. Both the platform and cryptocurrency are supposed to “empower photographers and agencies to take greater control in image rights management,” according to the press release. The digital currency is meant to create a new economy for photographers to receive payment and sell work on a secure platform.

    Kodak CEO Jeff Clarke said in a press statement, “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.”

    There’s also a precedent for selling artwork or illustrations through blockchain technology, as the world saw with the Ethereum-based CryptoKitties. CryptoKitties features artwork drawn by Guilherme Twardowski, who drew every single cat and cat feature in the game.
     

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