> 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.
Kodak is basically licensing their brand to a company that using another company's technology. Sounds like a safe bet /s
Kodak shares up as it announces KODAKCoin cryptocurrency
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Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#172Earlier quoted context omitted.
You will look back on the decision to do this with regret. I understand you can’t see that now. I’m genuinely sorry for you. P.s. if you did talk to lawyers about this, your “opsec” is probably already blown or partially blown. Attorney-Client privileges only click in if you’re their client, which you aren’t. They will remember you and connect the dots if and when the time comes for anyone to care who you are.
It certainly is a possibility. I am acutely aware of it every day. It is incredibly high stress. That is why our core team desires to hire people to run the business day-to-day, so we minimize our exposure online and hence reduce possibilities of making opsec mistakes. Communicating with a lawyer anonymously is not much more difficult than communicating with someone on HN anonymously. Here is an article discussing so…
Stop talking about your illegal venture when all doing so gets you is increased risk of capture.
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#173Earlier quoted context omitted.
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.
Then why add the extra complexity of the blockchain at all?
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#174I don't get the value in the ICO. Photographer licenses image on KodakONE, receives KodakCOIN as payment. KodakONE uses blockchain to sell and protect the image from theft down the line. KodakONE uses lawyers to DMCA those who don't attribute or pay for the image.
The value would be the army of lawyers to enforce your rights, that you get paid and that you can independently audit them (royalties? if the blockchain is public) ..
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#175I don't get the value in the ICO. Photographer licenses image on KodakONE, receives KodakCOIN as payment. KodakONE uses blockchain to sell and protect the image from theft down the line. KodakONE uses lawyers to DMCA those who don't attribute or pay for the image.
The value would be the army of lawyers to enforce your rights, that you get paid and that you can independently audit them (royalties? if the blockchain is public) ..
In fact you could probably have a movie or music coin to track royalties as well. Artists/producers might find an interest in that. Might be difficult in some sense though. I guess a transaction on the blockchain would unlock some DRM or something depending on the license.
Re: Kodak shares up as it announces KODAKCoin cryptocurrency
#176Earlier quoted context omitted.
I keep seeing ´blockchain´ in proposals and start-up documents where the whole thing has been dragged in by the hair and through the weirdest of reasonings be made to seem like an integral part of the plan. It is a surefire way to end in the wastebin, but as long as there is enough dumb money tracking these projects I am afraid it will continue for a while to come.
It’s the new buzzword. Blockchain has very specific technical use cases that are not appropriate for networks where all participants know and trust each other. I’m more curious why alternative governance models are not achieving more traction. The corporation as a way of governance is obsolete compared to a DAO.
Count me sceptical. Traditional companies have been doing fine for more than a thousand years. I'm not sure DAOs have managed to launch a single productive enterprise. Given that companies are basically groups of people doing some enterprise there is something to be said for them being able to meet in a room and chat as opposed to the DAO model of semi anonymous crypto holders voting.