“Kodak’s cryptocurrency ploy hits all the major buzzwords – blockchain, smart contracts, distributed ledger, ICO, etc. But look through the PR spin, examine the true merits of using blockchain for the proposed service, and it’s obvious the project is poorly thought out and will never work as promoted.” The above is taken from Kerrisdale Capital’s unforgiving assessment of the attempted pivot by Kodak towards blockchain technology. And if that wasn’t brutal enough, the hedge fund also described the move by the 138-year old photography company as being nothing more than “a last-ditch stock promotion gambit for a company hurtling towards bankruptcy.”…...
Do I really need blockchain? 4 important factors to consider
5 min read
