Investment advice: Kodak phoenix from the ashes

Kodak invests in blockchain for photo IP rights: seems like a good use for this technology, they may be onto something.

Worth a small punt I reckon.


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:grinning: Kodak shares surge 40% today.

Well then yesterday was the day for the punt


That boat may have sailed

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The BBC report

has some lovely quotes:

… it’s hard to say if there’s a bubble but it certainly is indicative of a frothy investment market …


… Bitcoin could be a bubble. But the blockchain industry is not a bubble, it’s a solid platform built on mathematics (my bold)

So, like the Ellis drainhole then. What could possibly go wrong :laughing: ?


People who owned shares in the orignal Kodak won’t have forgotten how they got burnt when the original collapse occured without all the current blockchain technofuckery. I would have thought a tent map, or some similar simple chaotic process might be just as entertaining a way to part fools from their money.

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Much is hype of course and the crypto currency shit basically represents investing in criminality and thin air IMO.

The idea of a distributed ledger however, which securely stores and records intellectual property rights/ownership seems to me to be something that would have value in a modern digital world. This has already worked well in the diamond market I believe (tracking the provenance of individual diamonds) - more cost efficient than the legalistic, expensive contractual process of protecting rights we have now (data protection regulation and compliance is about to go off the scale for example), so a cost effective alternative would have great appeal.

It could definitely work for second hand hi-fi too.

I’m in.

I wonder what existing photo agencies will make of this and if it is compatible with their libraries? It’s essentially an additional level of security for rights protection and I don’t know what the size of the problem is for existing stock photographers. Or to put it another way, how many of them will shell out for this. I assume it will be a straightforward commercial decision, money lost through rights infringement vs cost of Kodac service.