Short kodak.
can't, nobody is lending out kodak shares to short sellers anymore.
Kodak shares up as it announces KODAKCoin cryptocurrency
141–150 of 176 posts
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#142Somebody was really rushed to publish this. I mean good lord the site they link to https://www.kodakcoin.com/ still has lipsum and what I can only assume are placeholder photos. Unless Jan Denecke really is a man of many faces. Edit: Oh my god the background is an Adobe stock photo complete with watermark. Edit2: No, Kodak you don't get to just take the site down. The internet never forgets. https://imgur.com/a/LtI2s
Also, lorem ipsum on team page! Wow.
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#143Earlier quoted context omitted.
Yes, but if you can identify an image in that way then you can claim the copyright anyway. Searching for copyright violation is the challenge.
>but if you can identify an image in that way then you can claim the copyright anyway. Just identifying the images are the same doesn't prove which was the original though. The hashes being publicly available is the key, because you can easily tell which came first.
I don't think you need a blockchain to do that; just a data base. I don't think that the courts would even need a hash - just evidence that a photo had been made at a time, that it was stored somewhere would be a bonus.
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#144Something like this already exists: https://www.ascribe.io/ # I had to use it to submit some photos to a call for work a couple of years ago. After the call I wanted to delete the work, because I didn't want it hanging around in public view. Oh look! You can't! Because It's blockchain! Immutable history is not always a compelling requirement, in fact sometimes it is at odds with many a use case.
This is what my criticism is, as well. A few days ago I had been pondering a similar concept of a blockchain-based platform for tracking image ownership. The main blocker I encountered while thinking about it was the problem of immutability. Specifically, what happens if something is wrong? Like, the first problem I see here is a troll just importing images from all over the Internet and claiming ownership. If someth…
If the photo was already on the internet in a server, there are already records (like the Internet Archive) to verify that it had to have been created prior. The blockchain only adds an additional proof, but can't revert some past history that some other entity can verify actually happened.
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#145>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. With KODAKCoin, participating photographers are invited to take part in a new economy for photography, receive payment for licensing their work immediately upon sale, and for both professional and am…
I can't wait to be in court with someone arguing that KODAKCoin is evidence of their ownership of their work, or to fight a malicious registration on the KODAKCoin platform by someone who registers public domain and non-owned works maliciously. Explaining this nonsense to a judge is going to be the highlight of my year.
If the photo was already on the internet in a server, there are already records (like the Internet Archive) to verify that it had to have been created prior. The blockchain only adds an additional proof, but can't revert some past history that some other entity can verify actually happened.
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#146Earlier quoted context omitted.
The same problem can be solved if they just used Ethereum
The same problem can be solved if they just used a bit of PHP in 1995. The killer feature is "lawyers armed with DMCA", not the crypto-themed CRUD app.
Agreed. Essentially, a decentralized ledger does not give you the feature of "enforcing copyrights" for free, unless you have systems built outside of the ledger that does the enforcement. That piece can be built in the meat-world in the form of "an army of lawyers".
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#147In some respects this seems like a better application of blockchain than a lot of ICOs. On the other hand, it isn't clear how they're going to solve the oracle problem of deciding who has the canonical rights to a given photograph.
Without having read the details (I cbf) I assume Kodak is the sole oracle here and the problem is solved by you trusting them to reliably provide accurate data to the chain. Which technically negates the entire point of a blockchain here, but it's a lot more sexy to be using a blockchain than a database.
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#148Wow. Attach some Blockchain jargon to your product and get valuation pop. This is getting slightly ridiculous.
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#149Earlier quoted context omitted.
The same problem can be solved if they just used a bit of PHP in 1995. The killer feature is "lawyers armed with DMCA", not the crypto-themed CRUD app.
Agreed. Essentially, a decentralized ledger does not give you the feature of "enforcing copyrights" for free, unless you have systems built outside of the ledger that does the enforcement. That piece can be built in the meat-world in the form of "an army of lawyers".
The idea of creating a single online market-place that does the enforcement/rights management component in addition to storage/search/sale is interesting.
But that's already a crowded marketplace, and it's not clear to me why Kodak announcing they're going to enter a crowded marketplace would push their stock. Especially given that the announcement is paired with an up-front admission that they're accruing lots of useless technical debt at the beginning of the project.
I would be more inclined to invest in Kodak on the basis of this announcement if it didn't mention cryptocurrency at all.
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#150>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. With KODAKCoin, participating photographers are invited to take part in a new economy for photography, receive payment for licensing their work immediately upon sale, and for both professional and am…
I can't wait to be in court with someone arguing that KODAKCoin is evidence of their ownership of their work, or to fight a malicious registration on the KODAKCoin platform by someone who registers public domain and non-owned works maliciously. Explaining this nonsense to a judge is going to be the highlight of my year.
Seems kind of silly to think that judges don’t wade into the technical and complex details of lawsuits everyday. What do you think adjudicating a dispute involves?