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KODAK and WENN Digital Partner to Launch Major Blockchain Initiative and Cryptocurrency

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ROCHESTER, N.Y.-()-Today 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.

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.

“Engaging with a new platform, it is critical photographers know their work and their income is handled securely and with trust, which is exactly what we did with KODAKCoin,” said WENN Digital CEO Jan Denecke.

WENN Digital, in partnership with Kodak, is the creator of the KODAKOne platform and the KODAKCoin cryptocurrency.

WENN Digital is an experienced development and operations team with deep expertise in proprietary blockchain development, big data, copyright law, AI-enabled image recognition and post licensing monetization systems.

WENN Digital has a strategic relationship with the Deloitte Analytics Institute in Berlin and the Deloitte Blockchain Institute in Munich.

Further, WENN Digital leverages the market position of its 30-year old subsidiary WENN Media, which works with approximately 2,500 professional photographers.

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Article originally posted at www.businesswire.com

Post Author: Laura Sanders

1 thought on “KODAK and WENN Digital Partner to Launch Major Blockchain Initiative and Cryptocurrency

    Royce Ly

    (January 23, 2018 - 8:06 pm)

    Significantly more than 44%, went from $3 to $7.10! nice work Kodak

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