iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
18,711 Blog Posts

THE BLOCKCHAIN JUST SAVED DEAD KODAK

This.

Eastman Kodak and WENN Digital announce licensing partnership to launch KODAKOne and KODAKCoin, a photo-centric cryptocurrency (5.00 +1.90)

Kodak and WENN Digital, in a licensing partnership, announced the launch of the KODAKOne image rights management platform and KODAKCoin, a photo-centric cryptocurrency to empower photographers and agencies to take greater control in image rights management.

And the stock lifted ~50% on the news.

God I love the blockchain.

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24 comments

  1. natehois

    It’s life support until otherwise noted

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  2. Marc David

    Ripple My Nipple!

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  3. sarcrilege

    The blockchain would even save Sodom and Gomorrah from being consumed by fire and brimstone today. Too late. At least we got all the millennial LGBTQIXXY marxist dipshit in California instead.

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  4. frog2

    kodak has warrants from 2013 expirying
    this year

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  5. ferd

    GSUM (said fast “gism”) the only blockchain-related play that I’ve held over-night, is moving nicely today.

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  6. thehouse

    This actually makes more sense than 99% of the blockchain ideas out there.

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    • Marc David

      The decentralized cloud storage blockchain idea is awesome. I’ve been dabbling with Sia Tech and it’s pretty sweet so far. Hard to get the currency to pay for the 6 months of service but it’s dirt cheap for 1TB of storage. If you are into cloud stuff vs 1TB of local storage.

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      • thehouse

        Rights to your photos online is a big issue so I can see where this comes into a good use case.

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      • sarcrilege

        looks good on paper. currently, for end-users, too damn slow!

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        • thehouse

          Doesn’t matter. Imagine owning to rights on platforms like AMZN that Chinese copycats are using. You petition to Amazon that you own the rights to the photo but can’t prove it. This solves that.

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        • thehouse

          Sorry meant to say imaging owning rights to photos that are used on platforms like…

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          • sarcrilege

            Re image copyrights. w/o getting too technical here. It solves nothing. The algo they use is similar, if not the same, as Goolag image reverse/recognition. All it takes is to change image aspect ratio, rotate/shift by measly 1/4degree, flip to mirror, strip image headers and rewrite, convert to diff format and goolag fails miserably. Try it. Machines still cannot ID what human eye can see and recognize.

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          • thehouse

            Imagine petitioning to Amazon that you own the image…your watermark doesn’t mean shit. But if you can time stamp it on the blockchain there’s no debate..

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  7. mactrader

    Kodak management has proved time and again that their primary skill set is screwing things up!

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  8. chuck bennett

    To the moon !!

    Regards

    Chuck Bennett

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  9. small pleb

    HODL

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  10. chuck bennett

    I own this at 4.30

    Warrants at .13,.14 and .20 cents

    If only I went hog wild.

    Thanks Fly

    Regards

    Chuck Bennett

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  11. sierra water

    Who cares about BlockChain when you could step in on China AI with a company that actually has sales.. GSUM to the moon!

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  12. sierra water

    Also, Einhorn and myself are locked and loaded in XELA for the win.. I found out that Einhorn and I both loaded the boat in KR sub $23 and then XELA at the same exact time..

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  13. joyous__ending

    They already have a song by Paul Simon
    KodaCoin
    https://www.youtube.com/watch?v=qrRRhoS3KFk

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  14. oilerua

    you meant the price jumped coincoincoin blablabla you title is clickbait
    btw kodak price will go back where it was

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  15. joseph25

    Wow! Makes ya think all the world’s a sunny day, oh yea.

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