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Crypto coins are so crazy that even Kodak, which sells film and is going bankrupt, is coming to drop money!
Crypto coins are so crazy that even Kodak, which sells film and is going bankrupt, is coming to drop money!

Crypto coins are so crazy that even Kodak, which sells film and is going bankrupt, is coming to drop money!

after-hours capital flow data shows that the blockchain plate net inflow of funds 829 million yuan, of which, Hundsun Electronics net inflow of 360 million yuan, ranked first in the plate, followed by WinSpring, net inflow of 185 million yuan, in addition, Canton Express, Zhejiang University Network New, Storm Group, Golden Certificate, Feitian Integrity, Akcome Technology and other net inflow of funds also over The net inflow of funds is over 100 million yuan. The above 8 stocks have a combined net inflow of 1.43 billion yuan.

In the face of such a hot market, various related companies have issued announcements to explain their relationship with the blockchain:

► three five Internet

blockchain recently quite hot, but the Shenzhen Stock Exchange has regulations, this sensitive hotspots do not allow to reply before the announcement.


There is no control relationship between the company and the launch of the world’s first BCN blockchain infrastructure service platform, Storm Shadow, which is not part of the company’s consolidated financial statements scope subsidiary.

►First Venture

company is one of the initiating members of Shenzhen Financial Blockchain Alliance, has been participating in the research on the topics related to the application of blockchain in the securities industry, and is actively looking for suitable application scenarios for application.

►Wanda Information

The smart city business covers multiple industry sectors of smart cities, which involve blockchain technology.

►Hang Yin Finance

The company has paid attention to the development and application of blockchain technology, and the company is proceeding with the research and development of blockchain-related technologies.

►Youjiu game

high-profile announcement of the layout of blockchain game business, its subsidiary of the famous domestic game media first online blockchain game channel.


According to the company’s business plan, the company will pay close attention to the development and application prospects of blockchain and other emerging technologies.


Cooperate with IBM to develop the application of blockchain technology in banking and insurance business.

►Easy to See

intends to establish Easy to See Zheyin Blockchain Investment Fund with Yunnan International Trust and Zhejiang Zheyin Hongwan Asset Management Co.



►Green Alliance Technology

The company currently has no security products or solutions in blockchain-related areas.

►Han Wang Technology

Currently there is no layout in this business area for the time being.

►Huayi Jiaxin

is not involved in blockchain application area for the time being.

►Wangchao Information and Dianlian Technology

both said they are not involved in the blockchain segment.

The call of the investment bigwigs: embrace the blockchain revolution!

In fact, not only the listed companies in the A-share market, in fact, the global blockchain has recently continued to explode, it seems that the blockchain has become the meat and potatoes, as long as the edge will be a big fortune.

For example, Xu Xiaoping, the founder of the Zenith Fund, encouraged the embrace of the blockchain revolution in an internal group. Xu Xiaoping said, “CEOs, the blockchain revolution has arrived, and it is a great technological revolution that those who go along with it will prosper and those who go against it will die. Its subversion of tradition will be more swift and thorough than the Internet and mobile Internet.”

Xu Xiaoping called on entrepreneurs to take action, “while standing up for their own business, understand the blockchain, understand the ICO, and enter the blockchain era. Don’t have doubts and hesitations about blockchain, mobilize all employees immediately and learn how to embrace this revolution”.

The investment bigwigs’ are enough to illustrate the weathervane of this world, which will inevitably spawn more investors to join the wave of blockchain.

In the past, blockchain may be limited to the attention of technology companies, in fact, with the market explosion, even some traditional enterprises on the verge of collapse, as if to see the straw.

Blockchain: a lifesaver for the traditional big boys!

On the 9th of local time in the United States, Kodak released a white paper announcing that it will use blockchain technology to serve photographers and will release Kodak Coin. Affected by the good news, Kodak stock prices closed up about 120% that day.

According to the white paper, Kodak is working with WENN Digital – part of the London-based WENN media organization – to create an encrypted digital ledger of ownership for photographers using blockchain.

The Internet has made it difficult for photographers to control the rights to their images, and many have seen their traditional sources of income – such as fee-based stock photography – shrink since the 1990s. As a result, Kodak and WENN plan to use blockchain technology to create a stronger link between images and their creators. They will create a cryptocurrency called “Kodakcoin,” which will be paid to photographers when their images are used.

Wenn is a joint venture between Wenn Media Group, a London-based company with 30 years of photographic licensing rights, and Ryde GmbH of Germany.

Kodak said in an official announcement that the cryptocurrency will support a “digital ledger of cryptographic rights ownership for photographers.

Of course, there are those who throw cold water on such a model, and David Gerard, author of the 50ft blockchain attack, commented on Kodak’s blockchain scheme: “Storing information in a blockchain does not protect your copyright.”

Kodak has also gone straight into the mining business

In addition, at the CES technology show in Las Vegas, Kodak revealed details of a second plan, thisThe plan is to be called Kodak KashMiner, the coin mining business, and to license its name to the server computer hardware used to mine the coins, making it a potential source of revenue for Kodak’s coin mining. Any bitcoins generated by Kodak KashMiner will be shared between customers and the business.

Each mining equipment box (including the computer processor and fans to keep it cool) will use the same amount of power as running a hair dryer 24/7. And the plan will be able to take advantage of Kodak’s on-site power plants, which have had idle capacity since Kodak’s heyday.

Kodak’s Bitcoin mining operation will be based at its Rochester headquarters The company said it could provide 4 cents per kilowatt hour for each rig, which is much cheaper than running the rigs at home.

According to Bitcoin’s current value, a 24-month mining upfront investment of $4,000 (£2,954) could earn a profit of $500 a month, Spotlite’s Halston Mikail told the BBC.

“But anyone wishing to get involved in gambling will have to wait because the capacity has already been sold out.” Mikail also said adding. “We currently have 80 miners and we expect another 300 to arrive soon, and demand is high.”

Pictured is a mining machine displayed by Kodak

Bitcoin is very volatile and some analysts fear its value could collapse, leading to losses for those who paid for the mineral resources upfront.

But Mikail said the rigs could be used for other tasks if the bitcoin market goes down. “Bitcoin may be a bubble, but the blockchain industry is not a bubble, it’s a solid platform built on mathematics, and it will survive.”

What’s the next digital currency?

Whether orthodox some financiers like it or not, whether conservative some social watchers like it or not, blockchain, and the crypto-digital currencies that come with it, have really become the rage of the New Year 2018.

It’s not unlike last year’s warts-and-all development, and with just over a week gone by in 2018, the world has already made a big deal of fanning the trend into a frenzy.

We can look back at the digital currency boom that emerged some time ago, with Xunlei’s Playcloud, Storm’s Podcast Cloud, and Renren’s RRCoin, all flying in a roller coaster ride of people’s doubts. Now it’s Kodakcoin’s turn again.

Conceptually, blockchain refers to an intelligent peer-to-peer network that uses a distributed database to identify, disseminate and document information. It uses cryptographic methods to associate and combine user information into blocks of data, each of which contains information about a network transaction and can be used to verify the validity of the information and generate the next block.

Since the later blocks record the IDs and information of the previous blocks, they form a tightly connected chain structure, i.e., a blockchain.

As an innovation in computer network technology, blockchain technology can bring new development opportunities for a variety of industries, including finance, cybersecurity, payments, the Internet of Things and even media.

In essence, blockchain is like a complete solution for data encryption as well as authentication. By adjusting the level of encryption of keys, its distributed storage properties can be used to create shared databases; it can also be capable of various levels of authorization verification if only the encryption and authentication features of its keys are used.

Ant Financial Services has used blockchain technology for charity projects to monitor the entire process of donating good money; and if blockchain is applied to media platforms, it can also be used to prevent fake news.

In the end, the data that is closely linked to it is the root that gives rise to its value-added. Just like everyone is crying out for artificial intelligence, data has pretty much become the most valuable thing in this era, which is why, now, all industries want to take a ride on the crypto-digital currency.

As a virtual currency, Bitcoin, a crypto-digital currency, has decentralized characteristics and its value is determined by transactions. And because of this, it has room for appreciation and speculation.


was first created, the price of a single bitcoin was only $0.003; just eight years later, it has surpassed the $15,000 mark several times, a staggering increase. One internet user once threw away a hard drive with 7,500 bitcoins stored on it, literally missing out on hundreds of millions.

This high value-added potential has given many people the idea of speculation, and whether they understand what bitcoin and blockchain really are or not, there are people who want to take advantage of this wind to make a buck.

And from a company’s perspective, entering the blockchain and issuing digital currency doesn’t just mean the gains that high growth in cryptocurrency value can bring, it’s also a means to help companies expand into new business models and boundaries.

Xunlei, for example, which launched Playcloud and Playcoin, combined blockchain with its own original download and storage business, and also used the Playcoin allocation for operating expenses and founding team incentives.

RRCoin, which has been aborted by Renren, is claimed to be able to explore more application scenarios on the social networking platform.

But one significant feature is that, from the perspective of companies that have laid out blockchain or issued digital currencies, these so-called digital currencies have not had much innovative impact as imagined; instead, like the rising price of bitcoin, most of these companies rely on digital currencies and blockchain gimmicks to fire up their stock prices.

We can’t deny the future scope of blockchain and digital currencies, as The Economist once wrote in “Initial Token Offerings: Scam or Big Deal”, “They may hold the seeds of a digital future.” Just about everything that follows the trend is something to be wary of.

investment machineKen Griffin, founder of the structure Citadel, once said,

Bitcoin is now in a tulip mania. I’m worried that people who buy bitcoin don’t really understand what they’re getting into other than the headlines that keep it going up and ‘I want to make sure I’m not missing the opportunity to make some money. Is this a scam? No. But these bubbles often end in tragedy. I’m worried about how this bubble might end.

In the face of the digital cryptocurrency mania, billionaire Warren Buffett said in an interview with CNBC on the 10th that digital currencies will end in tragedy.

“In terms of digital currencies, I can almost certainly say they’re going to come to a very bad end,” said Warren Buffett, Berkshire’s chairman and chief executive.

In an interview Buffett added: “When or how this tragic ending happens, I don’t know”

Just a day before he made those comments, JPMorgan Chase’s chairman and CEO Jamie Dimon had lashed out at cryptocurrencies. In September, Dimon called bitcoin a fraud.

As CNBC reported earlier, the Omaha-based Berkshire company has named two new vice chairmen. 55-year-old Gregory Abel will serve as vice chairman of non-insurance operations, and 66-year-old Ajit Jain will serve as vice chairman of insurance operations.

If you want to participate in the investment of digital cryptocurrencies, you must pay attention to the following in China:

The Legal Daily published an article today saying that in September 2017, seven ministries and commissions issued an announcement on preventing the risk of token issuance and financing, requiring the shutdown of RMB and bitcoin trading business by a deadline, which clearly pointed out that bitcoin, Ether and other so-called virtual currencies are essentially a kind of unapproved illegal public financing, and there are multiple risks in token issuance and financing and trading, including risk of false assets, risk of business failure, risk of investment speculation, etc., and investors must bear their own investment risks. The economic losses caused by investors ignoring the investment risks cannot be expected to be billed by justice, because the scope of judicial protection has limits and principles.