By Darryn Pollock – Kodak, well-known in the blockchain space for its highly publicized KodakCoin ICO in early 2018, is progressing with a new blockchain offering for businesses. Kodak Services for Business this week unveiled a blockchain-based document management platform during a two-day conference in New York.

The use of blockchain technology in this document management platform is intended to help businesses, as well as governments, to keep sensitive documents safe and secure. It also claims to offer automated workflows and archiving providing real-time access to records and documents.

The blockchain technology is also estimated to offer cost savings of upwards of 40% because of its ability to mitigate the loss of data and increase overall efficiencies.

Kodak was one company that surprised many when it announced, at the height of ICO-mania, that it would be running an initial coin offering. This was part of its march to pivot into the blockchain space. Their proposal of KodakCoin was aimed at managing image copyright on the web – but many saw it as a cash-grab. Read more: