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The same problem can be solved if they just used a bit of PHP in 1995.

The killer feature is "lawyers armed with DMCA", not the crypto-themed CRUD app.

Agreed. Essentially, a decentralized ledger does not give you the feature of "enforcing copyrights" for free, unless you have systems built outside of the ledger that does the enforcement. That piece can be built in the meat-world in the form of "an army of lawyers".

The idea of creating a single online market-place that does the enforcement/rights management component in addition to storage/search/sale is interesting.

But that's already a crowded marketplace, and it's not clear to me why Kodak announcing they're going to enter a crowded marketplace would push their stock. Especially given that the announcement is paired with an up-front admission that they're accruing lots of useless technical debt at the beginning of the project.

I would be more inclined to invest in Kodak on the basis of this announcement if it didn't mention cryptocurrency at all.

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