Taking a Bath with KODAKCoin and the Eastman Kodak Co (KODK)

Nearly a year after the Eastman Kodak Co (KODK) took the crypto plunge, its KODAKCoin cryptocurrency is nowhere in sight.

Instead, Kodak is pushing KODAKOne, a blockchain-powered platform for photography and image management. To explain, KODAKOne offers image registration, rights management, transparent accounting, and a community marketplace for photographers.

Notably, both KODAKOne and KODAKCoin are apparently the work of a company called RYDE Holding Inc. — not the Eastman Kodak Company (NYSE…