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Kodak Announces a Blockchain Platform Initiative for Image Rights Management

Kodak today revealed the launch of a blockchain-based platform called KODAKOne which is aimed to empower photographers and agencies to take greater control of image rights management. From today’s announcement: “Utilizing blockchain technology, the KODAKOne platform will create an encrypted, digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform. With KODAKCoin, participating photographers are invited to take part in a new economy for photography, receive payment for licensing their work immediately upon sale, and for both professional and amateur photographers, sell their work confidently on a secure blockchain platform. KODAKOne platform provides continual web crawling in order to monitor and protect the IP of the images registered in the KODAKOne system. Where unlicensed usage of images is detected, the KODAKOne platform can efficiently manage the post-licensing process in order to reward photographers.”

By CircleID Reporter

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