What are we all about?
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.
"We started Factom to build a more honest and transparent world. We take a pretty simple approach: create software that makes it impossible to change the past and point that software at places where it solves valuable business problems."Peter Kirby, CEO
We make the world’s systems honest and transparent. We are factomizing the world, one record at a time.
At Factom, we work as a team, and everyone has a role in the overall success of our company. We expect a lot from our team members because developing the future of data takes innovative and visionary minds. Factom is a place where everyone’s opinion counts.
Collaboration not Competition
We built the underlying data infrastructure of Factom™ technology as an open source platform. Anyone can build applications and benefit from the public utility of Factom™ technology and the immutability of the blockchain. We want to make the world’s systems more honest, and we know that we can’t do it alone. Give our software a try and help build transparent systems.
How does Blockchain as a service work?
We build applications on top of the Factom™ network that can be used as a public utility. These applications leverage the immutability of the blockchain and the scalability of the Factom™ network. There is some cost to build custom integrations and a nominal fee per entry into the Factom™ network.
Blockchains are clunky databases, so why would you want to use one? Traditional systems have inherent flaws that make them easy targets for corruption of data. A Factom™ system gives a single version of the truth through a Decentralized Network of Authority. Once everyone can agree on a single version of the truth, then the truly game-changing applications can be built.
Open Source Community
We strongly believe in the power and innovation that comes from a healthy open source community. We created the Factom™ data layer to act as a truth engine for the world’s applications. Come build honest systems with us.
History of Factom and Factom Foundation
Jan 25, 2014
Paul Snow & David Johnston have the origin conversation.
This conversation about distributed identity led to Paul inventing the technology that would become Factom.
Jun 11, 2014
The Coding Begins - First Github commit made by Paul Snow
Aug 15, 2014
Originally named Notary Chains
Nov 11, 2014
First Factom Media Article
BitBeat: Factom Touts Blockchain Tool for Keeping Record-Keepers Honest
by Michael J. Casey
Mar 11, 2016
SXSW Startup Spotlight
Factom was selected to participate in the SXSW Startup Spotlight within the Startup Village.
May 1, 2016
Austin A-List of Hottest Startups
Factom was named one of Austin's Hottest Startup's in May 2016.
Jun 17, 2016
Project with the US Department of Homeland Security
The project titled “Blockchain Software to Prove Integrity of Captured Data From Border Devices” will focus on the security of the digital identity for Internet of Things (IoT) devices.
Get To Know Us
We are a team of "doers", passionate about creating a better world. We don't ask if the world will change, we ask when.
Meet Our Team
Austin, Texas is home to Factom HQ with supporting offices all over the world. Sunnyvale, CA - Shanghai and Beijing, China - London, United Kingdom.
Come work for the common good—within our organization and with other organizations around the world. We’re building a future where data can be leveraged to serve people, create value, and improve quality of life.
We build core technology that enables people to interact smoothly with data, ask better questions, and make better decisions. Factom™ software can plug into your existing systems with proven technology that can be deployed quickly and adapt to any domain.