The most recent company to jump on the crypto craze is KODAK. The camera company announced yesterday that they would be launching a cryptocurrency and platform that uses blockchain technology. KODAKCoin and KODAKOne sent the stock soaring but left investors wondering, is the investment worth the risk?
Thomas Smith is a professor at Emory University. Smith says the current crypto craziness is reminiscent of the dot-com bubble. While the Internet remained, many of the original companies faltered and failed. Smith feels crypto could potentially face a similar fate.
That being said, Smith notes how positive this crypto decision was for Kodak. A positive for Kodak's rollout has been the name recognition of the photo company.
Smith says that one of the buy-ins that could majorly help KODAK is their mining technology. One of the major expenses in mining cryto currencies is the electricity costs and Smith explains that Kodak seems to have that covered.
Watch Duty CEO, John Mills, talks to Cheddar about how the app works, how it helps people in real time and how people can donate to help those affected.
A first look inside Pebble's new all-electric RV trailer and the Arc Sport, the fastest, quietest electric boat on the water designed by Space X engineers
Matt Calkins, CEO of Appian, breaks down the recent bipartisan report on AI safety and shares thoughts on future privacy enhancements needed in the space.
An Australian computer scientist who falsely claimed to be the founder of the bitcoin cryptocurrency has been found to have committed contempt of court.
With a ban on the horizon, Frank McCourt, Founder of Project Liberty, wants to purchase TikTok and put people in control of their digital identities and data.
Matt Durot, Senior Reporter at Forbes, joins Cheddar to unpack all things Elon Musk including his soaring wealth, relationship to Trump and if he has a will.
