Kodak - world domination or the top of the bitcoin market -
You decide -
Shares in photo firm Eastman Kodak soared nearly 120% after it revealed plans to mint its own crypto-currency, the KodakCoin.
The US firm said it was teaming up with London-based Wenn Media Group to carry out the initial coin offering (ICO).
It is part of a blockchain-based initiative to help photographers control their image rights.
Kodak also detailed plans to install rows of Bitcoin mining rigs at its headquarters in Rochester, New York.
Details of this second scheme - which is being branded the Kodak KashMiner - were outlined at the CES tech show in Las Vegas.
Customers will pay up-front to rent mining capacity
http://www.bbc.co.uk/news/technology-42630136
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Kodak - world domination or the top of bitcoin market....
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- Lemon Half
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Re: Kodak - world domination or the top of bitcoin market....
They were going to call it the Kodak Kash Koin*, but they wimped out at the last moment when they took a long look at the acronym.
(*No, all right, they didn't. But with a splendid 1,384 crypto-currencies already out there (https://en.wikipedia.org/wiki/List_of_cryptocurrencies), it wouldn't have been surprising. Anyone tempted by Titcoin? PotCoin? DeCred?)
Next up, I suspect, will be TwitCoin, FaceholeCoin, SnapCoin, and of course LemonFoolCoin, which will be mined by seeing how many times the user can annoy Beeswax.
BJ
(*No, all right, they didn't. But with a splendid 1,384 crypto-currencies already out there (https://en.wikipedia.org/wiki/List_of_cryptocurrencies), it wouldn't have been surprising. Anyone tempted by Titcoin? PotCoin? DeCred?)
Next up, I suspect, will be TwitCoin, FaceholeCoin, SnapCoin, and of course LemonFoolCoin, which will be mined by seeing how many times the user can annoy Beeswax.
BJ
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