//Photochain vs KodakCoin (the newcomer vs the old school corporation)

Photochain vs KodakCoin (the newcomer vs the old school corporation)

As some of you may have seen, the American corporation Kodak, has decided to enter the blockchain photography space. Just like part of what we at Photochain are creating, Kodak want to build a digital ledger of photo copyright ownership.Despite this being an immediate competitor to Photochain, we are not too concerned for reasons we’ll list below.First of all, we are happy with this. It means we have chosen the perfect industry to disrupt, one that attracts attention and is recognized as needing a change. Such a move by a corporate competitor does not discourage us, but in fact motivates us even more to complete the goals we have set out to achieve.Kodak’s self titled KodakCoin in theory is similar to what we are offering, but with several key differences. Firstly, Kodak have not released a whitepaper — their concept has not been documented anywhere, other than in press releases. As fervent supporters of blockchain communities, we have always communicated our intention for Photochain, whilst listening to public feedback.https://ift.tt/2Ls3ecI

As some of you may have seen, the American corporation Kodak, has decided to enter the blockchain photography space. Just like part of what we at Photochain are creating, Kodak want to build a digital ledger of photo copyright ownership.

Despite this being an immediate competitor to Photochain, we are not too concerned for reasons we’ll list below.

First of all, we are happy with this. It means we have chosen the perfect industry to disrupt, one that attracts attention and is recognized as needing a change. Such a move by a corporate competitor does not discourage us, but in fact motivates us even more to complete the goals we have set out to achieve.

Kodak’s self titled KodakCoin in theory is similar to what we are offering, but with several key differences. Firstly, Kodak have not released a whitepaper — their concept has not been documented anywhere, other than in press releases. As fervent supporters of blockchain communities, we have always communicated our intention for Photochain, whilst listening to public feedback.

https://medium.com/photochain/a-blockchain-david-vs-goliath-photochain-vs-the-corporations-9dae95f8e6c8