Formula 1 driver fans can share their multimedia content on the blockchain

For Benedikt Dohnanyi, director of communications at WENN Digital, both license holders and celebrities they will have more control over their intellectual property . "At a time when images can be uploaded and shared on the Internet in seconds, the KodakOne platform will serve as a valuable resource for those with high public visibility."

The KodakOne platform was announced in last January together with the cryptoactive KodakCOIN, but its Initial Currency Offer (ICO), scheduled for the 31st of that month, has been postponed by Kodak. In addition to protecting the intellectual work of photographers and video makers, which is guaranteed by registering the files in the blockchain, the authors are also able to receive payments for their work at KodakCOINS.

On the other hand, the management of the licenses of the images and videos is documented in an intelligent contract that confirms the use of the author's rights, as well as the terms and conditions of the licensing of the associated images. Another of the capabilities of the KodakOne platform is the web search of the images that are under license but that are used without paying through the use of Artificial Intelligence (AI), which represents a potential source of additional income.

Outstanding image from Stephen Coburn / stock.adobe.com