What is Kodak Coin and how does it work?

3 answers

• Nov 26, 2021 · 3 years ago
  Kodak Coin is a digital currency developed by Kodak, the well-known photography company. It is built on blockchain technology, which ensures transparency and security in transactions. Kodak Coin aims to revolutionize the way photographers are paid for their work by creating a decentralized platform where photographers can license their photos and receive payment directly. This eliminates the need for intermediaries and reduces transaction costs. The use of blockchain technology also ensures that the ownership and licensing rights of the photos are securely recorded and cannot be altered or disputed. Overall, Kodak Coin provides a new and innovative way for photographers to monetize their work in the digital age.
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• Nov 26, 2021 · 3 years ago
  Kodak Coin is a cryptocurrency created by Kodak, the iconic photography company. It operates on a blockchain network, which is a decentralized and transparent ledger that records all transactions. The purpose of Kodak Coin is to enable photographers to license their photos and receive payment in a secure and efficient manner. By using smart contracts, Kodak Coin ensures that photographers are paid directly and instantly when their photos are licensed. This eliminates the need for intermediaries and reduces the risk of copyright infringement. Additionally, Kodak Coin provides a platform for photographers to showcase their work and connect with potential buyers. Overall, Kodak Coin offers a unique solution for photographers to protect their intellectual property and monetize their creative work.
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• Nov 26, 2021 · 3 years ago
  Kodak Coin is a digital currency developed by Kodak, the well-known photography company. It is designed to facilitate the licensing and payment process for photographers. With Kodak Coin, photographers can upload their photos to the Kodak platform and set the terms and conditions for licensing. When someone wants to license a photo, they can use Kodak Coin to make the payment directly to the photographer. The transaction is recorded on the blockchain, ensuring transparency and security. Kodak Coin also provides a marketplace where photographers can showcase and sell their photos. The platform is open to photographers of all levels, from amateurs to professionals. By using Kodak Coin, photographers can have more control over their work and receive fair compensation for their talent and effort.
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