#Kodak Jumps On The #Cryptocurrency Bandwagon Plans To Pay Photographers For Their Content @matrixthinker #kodakcoin #ico #photographers #royalties #bitcoin #steem #socialinfluencers

Everyday, a growing list of businesses are embracing social rewards principles. Gone are the days when Internet media companies and social media networks take the users that drive their business model for granted. In fact, Kodak, one of the worlds' most respected companies, plans to leverage blockchain technology to create a new stream of revenue for photographers.

Utilizing blockchain technology, the KODAKOne platform will create an encrypted, digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform. With KODAKCoin, participating photographers are invited to take part in a new economy for photography, receive payment for licensing their work immediately upon sale, and for both professional and amateur photographers, sell their work confidently on a secure blockchain platform. KODAKOne platform provides continual web crawling in order to monitor and protect the IP of the images registered in the KODAKOne system. Where unlicensed usage of images is detected, the KODAKOne platform can efficiently manage the post-licensing process in order to reward photographers.

According to Matrix Thompson, Founder, Pamper Me Network, "We are excited to see that Kodak recognizes the fact that photographers need to be paid for their work. We believe more large brands will embrace social rewards principles like those pioneered by STEEM and the Pamper Me Network".

“For many in the tech industry, ‘blockchain’ and ‘cryptocurrency’ are hot buzzwords, but for photographers who’ve long struggled to assert control over their work and how it’s used, these buzzwords are the keys to solving what felt like an unsolvable problem,” said Kodak CEO Jeff Clarke. “Kodak has always sought to democratize photography and make licensing fair to artists. These technologies give the photography community an innovative and easy way to do just that.”

“Engaging with a new platform, it is critical photographers know their work and their income is handled securely and with trust, which is exactly what we did with KODAKCoin,” said WENN Digital CEO Jan Denecke. “Subject to the highest standards of compliance, KODAKCoin is all about paying photographers fairly and giving them an opportunity to get in on the ground floor of a new economy tailored for them, with secure asset rights management built right in.”

The initial coin offering will open on January 31, 2018 and is open to accredited investors from the U.S., UK, Canada and other select countries. For more information visit www.kodakcoin.com.  This initial Coin Offering is issued under SEC guidelines as a security token under Regulation 506 (c) as an exempt offering.

To learn more about Social Rewards technology visit http://www.pampermenetwork.com