American technology company Kodak has reportedly launched its own blockchain-enable document management platform. According to Coindesk, the Kodak document management platform, which is known as Kodak Services for Business, is not under license to a third-party and actually is a Kodak product.
Kodak Services for Business is notably intended for businesses and governments to store and manage sensitive documents. The platform also relies on blockchain to provides the following:
- Protects assets
- Enables “unhackable” public record
- Distributes storage across locations
- Reduces time and cost of execution with smart contracts
- Offers paperless transaction
Kodak also reported: