Source: ATYUN AI platform
Kodak's booth at CES 2018. Within 24 hours, it announced the launch of an encryption currency after the company's shares rose more than doubled.
This week, Kodak announced a plan to launch "photo-centric encryption currency" to empower photographers and agencies greater control over image rights management. In other words, this highly respected camera companies are accepting bitcoin speculation.
Kodak's stock price was essentially flat over the past three months, but the announcement of the 24-hour time this program's inflation has more than doubled since the company insisted that they do not simply hype "Encryption Money" catchphrase .
Jeff Clark, CEO of Kodak, said: "For those who have long been trying to control their own work and use of photographers, these buzzwords are the key to solving those problems can not be solved in." Instead, the company said that they these techniques can be applied, as well as artificial intelligence so that photographers can "receive faster payments" in order to establish a decentralized stock photo library.
How the system will work is not clear, the main content announced within three weeks, will introduce the technology base of the idea in detail. However, the lack of detail never "beat" Those interested in the encryption of money people. For example, after December 15 last year, financial technology company announced a LongFin with bitcoins as the core "to" strategic investors greatly increased the company's interest. The company provides a "low-latency, high-frequency foreign exchange arbitrage platform", and listed on the last Tuesday. LongFin announced that it has acquired Ziddu.com, a block chain technology licensing solutions provider.
Monday after the acquisition was announced, the company's share price soared to $ 126 a share, before easing back to $ 60. Prior to the stock since the market has been trading at a price of $ 5 per share. By Ziddu, LongFin desirable to provide an encryption currency -Warehouse Coins, designed to allow importers and exporters to obtain small loans held by their product supports.
LongFin not the first to benefit from the boom in small businesses encryption currency. Between November and December, the power supply company Digital Power's share price rose by 750% in three weeks, it is because after the company announced plans to encrypt currency. In the past 10 years, Digital Power's share price never exceeded $ 300, but because of the surge in investor interest, now has more than $ 5 per share.
A Hong Kong Science and Technology trader sell Bitcoin mining machine. Encryption money "mining" is a great power consumption technology, which involves the use of specialized computer for a very simple calculation.
Rich Cigars Tobacco Group in mid-December announced it had "application changed its name to" Intercontinental Technology "(Intercontinental Technologies)," Previously, the Group and the currency industry encryption without any obvious connection. This reflects its new focus.
According to Richard Davis Rich Cigars president said the company's new management announced that it will own and operate a variety of business areas mining machines encryption currency into the currency through its encryption. Since then, the company's share price rose to $ 0.70 from $ 0.03, or 2233%. Even after the stock market fell sharply, the stock is still up nearly 1,000 points, the trading price at the time of publication in the media of $ 0.28.
These companies benefit from the surge in interest in encryption currency, the difficulty with which the field is quite direct investment, especially in terms of regulated financial entities. Last December, the SEC warned of the need to encrypt investment currency "extreme caution."
Chairman of the US Securities and Exchange Commission Xijie Yi Clayton emphasized the fact that many encryption currency investments are in violation of the law, because there is no registration of securities with the SEC.
He said: "recorded by block chain recorded in the ledger of distributed business interests, to replace the traditional business interests, may change the form of the transaction, but will not change the substance of the entity."
This switched ATYUN artificial intelligence media platforms, the original link: Kodak To transition to encrypt the monetary field, the share price soared to double within 24 hours
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