Factom

Practical Digital Assets

Network Token

Factom (FCT)

Factom utilizes our blockchain solutions to create a digital process that allows each party to retain their documents, files and data securely within their data centers while providing trusted transactions with full confidence in the integrity of the information being shared or accessed.

Providing a single, comprehensive, secure and unalterable platform that eliminates the costs of document assembly and saves time by consolidating document storage. Factom Harmony enables organizations to better coordinate compliance audits, interact with all loan documents and data across multiple sources, deliver final documents faster and utilize resources more efficiently—all through one platform.

“At Factom, we make the world’s systems honest. Honesty is good for business. People and institutions today can solve hard problems and change the world for the better when they have a reliable framework to build on. Systems that are honest free up dead capital. This allows companies to grow and helps people to lift themselves out of poverty. We believe honest systems unlock everyone’s untapped potential. We see a future world where fraud, corruption, and forgery are a thing of the past. We believe in keeping private data private and securing the world’s wealth because privacy and possession of property are basic human rights. Life can be a little more fair with Factom”

Buy & Sell
Positives

  • Handling Digital Assets For Big Business
  • Many Applications In Securing Physical & Virtual Documents
  • Huge Industry. Possible 10+ Billion MC
  • Extremely Low Coin Supply
  • Price Action Shows Independence From BTC/ETH Pairs. Stays Strong In Market Downtrends.

Exchanges

Concerns

  • Consistently behind on scheduled roadmap goals/updates. Transparency here would help but is not shown.
  • A few broken links and general issues on Factom’s website. Researching their platform can be a chore.
  • No other concerns here. An industry in desperate need of this technology. Factom is ahead of the curve. Excellent Investment.

Official Links
Token Details

Token Type

Network Token

Powered by the Factom Network. Can be stored on any compatible wallet e.g MyEtherWallet

Token Statistics

Supply

• Ticker: FCT
• Total Supply: –
• Circulating Supply: 8,745,102
• Token Use: Services & Fees

Founders

The Team

Paul Snow (CEO)
Brian Deery (Chief Scientist)
Michael Beam (Core Developer)
More

Industry

& Competitors

• Asset Security
• Document Validation
• Competitors – NEM, Digibyte’s Digusign

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