Our Story

We set out with a simple goal: create, design and build products to make the world more transparent and honest.

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

Company Mission

We make the world’s systems honest and transparent. We are factomizing the world, one record at a time.

Factom Culture

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.

Why Decentralize

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

Nov 17, 2014

White paper released

Download here

Jan 25, 2015

Factom Version 0.1 Released

Miami Bitcoin Conference
See video

Mar 31, 2015 - May 15, 2015

Software Token Sale

Sales of factoids totalled 2,278 BTC

Factom BlogCoindesk

Jun 30, 2015

Separation and Partnership of Factom Foundation and Factom Inc

Factom Blog Post

Jul 16, 2015

Factom goes into Overfunding

Factom Blog Post

Aug 1, 2015

Accepted to Plug and Play fintech Accelerator

Video

Sep 1, 2015

The Factom Genesis Network goes live to the World

Genesis Block

Oct 31, 2015

Featured in Economist Article

Go to article

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.
Press Release

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. 

Press Release

Get To Know Us

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Our Culture

We are a team of "doers", passionate about creating a better world. We don't ask if the world will change, we ask when. 

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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.

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Join Us

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.

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Factom Products

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.