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Nepal
1 Level
453 Review
106 Karma

Review on Factom by Syed Adnan

Revainrating 4 out of 5

A completely decentralized system.

It provides the user with a fast transaction recording process. This is a dedicated protocol that allows for faster and more secure transactions. Unlike other platforms it creates a single hash. This ensures that the network is deprived of blossoming by making a rapid addition to the layer.

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Pros
  • It comes with its own set of benefits that give the cryptocurrency platform an edge over its competitors. It is a completely decentralized system of maintaining an account for all types of digital assets, not just currency values. For example Bitcoin Network only stores financial data. Factom, on the other hand, can store all types of data.
Cons
  • It is not fully saturated and history supports it to support further investment.

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