Kodak ready to launch his currency, but not everyone is happy: observers are becoming a little more skeptical about the real substance of the project.
When a few weeks ago Kodak launched the project of its own criptovaluta, Kodakcoin, Based on the blockchain technology, and a new platform that will help photographers to sell and monitor the use of their images, the market reacted with discreet enthusiasm. However, the initial excitement left room for doubts, uncertainties and no small skepticism. But for what reason?
In principle, the new project could bring real benefits to the users of the platform. Thanks to the use of tech blockchainin fact, the platform will provide photographers with a service to protect the ownership of the images and monitor the use of the same, detecting unauthorized ones and therefore allowing incisive actions to protect and protect their creations.
So far, so good. However, analysts are rather skeptical about the transparency of the project, and remember how, in reality, Kodak is not directly responsible for the development of the technology behind its platform, which was instead created by Wenn Digital, parent company of the photo agency Wenn Media. A company that has already tried to sell its own cryptocurrency, which has become the basis of Kodak Coin, and that it is not clear how solid it can actually be.
The American press recalls in this regard how initially Kodak Coin and the Kodak One platform will initially be limited to a limited number of users, and that the purchase of tokens is currently limited only to accredited investors.
In short, the Kodak project is interesting and could bring concrete benefits for photographers who will use its platform, but it does not seem to have approached the realization with the right enthusiasm from the media and many analysts, who believe that the company is only exploiting the enthusiasm determined by the virtual currencies sector. Who will be right?
