KODAKCoin SAFT Launches Today

The KODAKOne platform for digital picture rights administration and the underlying KODAKCoin was launched at this time by its creator and operator WENN Digital, a shopper of ICOx Improvements. A Easy Settlement for Future Tokens (SAFT) costs KODAKCoins at USD 1 every.

ICOx Improvements will assist the KODAKOne sale with the design of its crypto economic system and strategic planning, whereas beforehand introduced companion tZERO will present safety for encrypted accounts, clearing and reconciliation for funds raised, and KYC/AML compliance providers.

President of ICOx Improvements Bruce Elliott mentioned, “ICOx Improvements introduced Eastman Kodak and the WENN Digital crew collectively to create the KODAKOne platform and co-architected the KODAKCoin.  We’re extraordinarily excited to get this venture to this stage. Bringing at this time’s expertise to unravel actual issues with large manufacturers and executing the method in probably the most environment friendly and regulatory compliant method, we consider we’re setting a path in growing what will probably be a wholesome and vibrant crypto trade.”

KODAKOne is a picture distribution and monetization platform, secured utilizing blockchain expertise, that goals to offer a market for getting and promoting images based mostly on user-generated licensing phrases and situations, serving as a one-stop store for photographers’ administration, safety, and distribution wants. WENN Digital may even present copyright safety by way of their “AI-powered net scraping capabilities” that repeatedly search the net for unauthorized use of content material that will probably be secured on the KODAKOne platform, in response to the assertion.

Shidan Gouran, President & CEO of International Blockchain Expertise Corp (BLOC), a lead investor in KODAKCoin, mentioned, “BLOC incubates, founds, companions and strategically invests in corporations who’re dedicated to innovating and growing expertise to enhance and alter industries. Our funding in KODAKOne is now progressing to a totally business providing, which ought to rank as one of many very first safety compliant choices in Blockchain.”

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