Scam? ))) They try to jump to the moving train. Will wait when Kodak ico) I hope they have really good reasons(good idea) to run KodakCoin
it's mentioned in the quoted article:
Kodak's other initiative, the KodakCoin, is being created as part of an effort to build a global ledger of picture rights ownership that photographers can add their work to.
Associated KodakOne software will be used to crawl the web and find pictures that have been used without permission.
The company said it would then "manage the licensing process," so the photographer can be paid, in KodakCoin
I see it as potentially good idea, but have doubts whether Kodak knows what they're doing. If they want to put themselves as manager of the licensing process, then it suggests their blockchain/currency will be centralised and if so, there's no really a need for a blockchain, definitely not for a new currency (they could just accept fiat).
But if they did it as a decentralised storage + smart contracts, where authors could upload their work, pick a relevant tags/categories, set their pricing etc, then it could work great, cutting off the middle-men such as Shutterstock and Getty Images.
