Kodak to create its own cryptocurrency to power new photography licensing platform

Kodak today surprised the financial and photographic world by announcing KodakCoin, a “photo-centric” cryptocurrency, and KodakOne, an image-licensing platform that they claim will give photographers a new revenue stream and secure platform for protecting their creative work. The imaging company’s stock value jumped over 117% on the news.

Well that’s one way to boost your stock.

I honestly thought this was a joke when it first popped up in my Twitter feed.

Source: Breaking: Kodak Announces Photographer-Friendly Cryptocurrency & Its Stock Skyrockets – ALC