07 June 2019 10:56, UTC

Kodak’s pivot to the blockchain is obvious as the camera brand announced its new blockchain-based document management system. Unlike previous Kodak-related blockchain announcements, the new Kodak Document Management Platform is not under license to a third-party and is an actual Kodak product.

The platform is launched under the name Kodak Services for Business and is intended for businesses and governments to store and manage sensitive documents.Thecompany presents Kodak Document Management Platform to be a blockchain-based solution to provide efficiency and security.

The company also claims that the blockchain platform will lead to 20-40% cost savings through automated workflows and decreased human management of content, information, and documents.

Kodak switched to become an information solutions provider back in 2013 when the firm “has transformed into a technology company focused on imaging for business.” In recent years, Kodak has embraced blockchain technologies or lent its name: in January 2018, a third-party licensed the Kodak brand name for KODAKCoin, which was designed to work with a blockchain developed to track image copyrights online. The project is still under development with a scheduled July 1, 2019 launch.

Image courtesy of DIY Photography

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