Review on Factom by Emmanuel Sunday
Factom review 2021
Factom is a block chain as well as an open source project which enables individuals, enterprises, government and large business, to package and store data using bitcoin block chain to ensure transparency as well as safety of the data. This is essential as botcoin block chain lays a decentralized system where data saved are immutable. The factom became essential to transfer large data privately which was originally meant to make rail payments for sending transactions from one location to an other. The project has been since 2014, and was initially called the notary chain. The company has been able to raise enough fundings and backed by the us security department. The project is fully functional and okay as it has received good reports
The factom token has a market volume to trading volume ratio of 0.00012, an ROI of about 1800%. It is obviously performing well tradable in the britex and the qtrade exchange. The project is functional and backed by the us security department. It is undeniably a recommendable project.
Pros
- It aim in reducing forgery and counterfeiting which is a very contemporary issues now
- It is a fully functional and operational project currently.
- It is backed by us security department
Cons
- I see nothing wrong with the project
