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Venezuela - Maturín
4 Level
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4262 Karma

Review on Factom by Jimmy Centeno

Revainrating 4 out of 5

Factom: es un proyecto que permite la separación dinámica de la cadena de bloque.

Factom (FCT): is a project that allows the dynamic separation and reorganization of the blockchain in an automatic way, in order to be able to generalize the blocks in a more precise way, that raises the level of security in the creation of the contents and allows a greater storage of the commercial assets with a high level in the encryption of information, Its ecosystem of operation allows to solve the most common problems that are presented in the platforms, greater efficiency in the data process, (greater security, greater encryption in the information that is transferred in the network) highlighting that the server is able to support a large number of transfers, Factom is a project with a fixed commercial objective to provide its services to large companies achieving maximum efficiency in the transfer of data, companies can be of any branch of work, the important thing is the commercial guarantee offered by this project, is a decentralized project that allows a high data storage, with a very high and stable level of security, which determines according to the type of company the levels of encryption of information and security method that prevents transmit information from one moment to another, applying a security lock that offers its ecosystem, to increase the flow of information requires a master key.



Pros
  • Its blockchain can transform information very accurately, and the creation of your block is completed in less than 45 seconds.
  • It has a very solid commercial offer, facing a very tough market to deal with, its system allows a free transfer of information at all times.
  • It has key investors in its project, which allows for greater commercial confidence.
Cons
  • It was a project that had some start up problems.
  • It has a lot of market competition, since it offers very important services for any company, and if it does not improve its commercial strategy it will be left behind.

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