Tuesday, 11 Jun 2019 11:26 GMT

Kodak helps businesses with blockchain

Kodak has launched a new document management service for businesses that utilises blockchain technology to keep documents safe and secure.

At a two-day conference in Miami Beach, Florida, Kodak Services for Business presented its latest solutions for improving business practices across a number of industries.

The new additions to the company’s portfolio include a new data processing solution called Kodak Scan Cloud, and the Kodak Document Management Platform which uses blockchain to keep sensitive information secure within any organisation.

“The Kodak Innovation Conference brought together many of our most important stakeholders, and the reception to our new expanded portfolio was overwhelmingly positive,” says Ivan M. Bou, director of Kodak Services for Business.

“We are looking forward to working together with our partners to grow our business by offering truly differentiated solutions.”

Alejandro Castano of IKNO Colombia, a document management company, comments: “Achieving synergy with Kodak Services for Business will allow us to bring our customers solutions to optimise processes with state-of-the-art technology and the experience of other companies associated with Kodak throughout Latin America. It will also deliver savings in technology and manpower.”

We are looking forward to working together with our partners to grow our business by offering truly differentiated solutions

This is not Kodak’s first foray into blockchain however, as the firm licensed branding for a blockchain-based image rights management platform called KodakOne, which works alongside its own cryptocurrency, KodakCoin.

The project was developed and created by RYDE Holding (then WENN Digital) which established a brand licensing agreement with Eastman Kodak in 2017. The company has a development and operations team specialising in proprietary blockchain development.

Designed to empower photographers and agencies in image rights management, the project was met with harsh scepticism back in 2018, but RYDE Holding has recently announced that the post-licensing portal had generated more than $1m in claims for photographic rights in a beta test of the platform.

Speaking to Breaker Magazine in January 2019 about the backlash, KodakOne co-founder Cam Chell says that Kodak and (now former) chief executive officer Jeff Clarke have been involved “every step of the way”.

Nobody had any expectation of the size of the press that was going to happen around Kodak doing a blockchain

He adds: “Nobody had any expectation of the size of the press that was going to happen around Kodak doing a blockchain.” Unlike KodakOne, Kodak’s Document Management Platform is a Kodak product and is not licensed under any third parties.

Quocirca, the print industry’s market insight and intelligence firm, recently outlined that the print industry must widen its horizons in order to master the Internet of Things (IoT) opportunity where blockchain could be applied, which in turn will enable managed print-service-providers and print manufacturers to offer more intelligent services. 

Research director Louella Fernandes says that blockchain technology could be a pivotal point for vendors and channel partners to evolve their managed print service offering and build efficiencies in process workflows and management.

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