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Kodak to use blockchain to protect photographers’ image rights (access required)

Eastman Kodak Co. shares skyrocketed early Tuesday afternoon following an announcement that the company plans to launch a major blockchain initiative and cryptocurrency to protect photographers from licensing infringement. Shares of company stock (Nasdaq: KODK) spiked nearly 50 percent to $4.50 immediately following the announcement at the Consumer Technology Association’s CES show in Las Vegas Tuesday. Kodak shares last traded at $4.50 in November.

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