1 Level
154 Review
169 Karma
Review on Factom by Mr Benji
Another one for companies.
- Decentralized protocol for independent storage of authenticity
evidance.
You can integrate your system your database to secure them from copiyng.
This means user can store their documents there and hash of this documents will be on factom bolckchain
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- Every 10 min. factom blockchain is anchored to the biggest crypto BTC.
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- Every month over 73 000 are added they are designed to funding factom.
10% inflacion. There is no max supply.
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- Factom is mostly speculation coin however it's used for tickets t
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- After ico factom received 400 000 from Kuala Innovations after this factom received 199 000 usd as a dotaction from USA department of security.
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Updated 5 years ago
Rating has not been changed
- According to the newest Fctow newsletter, the usage of the blockchain which is always a good sign.
- Paul Snow one of Fctom members was speaking at Health Tech Austin about how to apply Factom into the healthcare.
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Pros
- Nodes
- Auditing nodes
- Every 10 min anchored to BTC
- For companies
- Product is working
- Kuala Innovations invested 400 000 usd
- 199 000 usd as a donation from USA department of security
Cons
- Nodes have a lot of power (maybe too much)
- Inflacion
- factom token use case is not key
