500,000th Factom Entry + Latest News

500,000 Factom Entries
We are thrilled to announce that we have reached over 500,000 entries into the Factom Data Layer since the launch of Genesis in September 2015. Securing half a million records marks a significant milestone for our development. Check out the Factom Usage Statistics compiled daily by our Process Integration Manager, D. Robert Baker.

“It is gratifying to see that Factom can indeed deal with the hyperbolic growth we’ve seen in the number of entries. We expect Factom usage to increase going forward at an even higher pace.” – D. Robert Baker

Factom in front of the US Congress
Paul Snow, Our Chief Architect, testified earlier this month before the US Congress Energy & Commerce Committee on Digital Currency and Blockchain Technology. We were honoured to be given the opportunity to educate, inform, and represent our industry.

“It was great to go to Washington DC and talk to congress about Bitcoin, the Blockchain, and how these technologies would make this a better world.” – Paul Snow

Watch the video below to see the full hearing, Paul starts at 1h10m34s.

World Bank Land and Poverty Conference 2016

Our CEO, Peter Kirby, and our VP of Business Development, Abhi Dobhal, attended the 17th Annual World Bank Conference on Land and Poverty at the World Bank Headquarters in Washington D.C. The conference theme was scaling up responsible land governance.

“This was the first year blockchain technology was introduced into the Land and Poverty conference. Matt Regan, CEO of Epigraph, presented a paper describing the next generation title registries using Factom as a blockchain backend. We were ecstatic to see a healthy curiosity among the attendees, including the World Bank staff.” – Abhi Dobhal

David Johnston on Liberty.me
Our Chairman, David Johnston, was invited to participate in a discussion on Blockchain on Liberty.me hosted by Tatiana Maroz together with Joshua Scigala of Vaultoro. David discussed what Factom is working to achieve, our Chinese expansion, and what we will be rolling out shortly for Factom.

“It’s exciting to see real world use cases of the blockchain emerging in such diverse areas. From digital notarization, to smart city data, to record keeping for lending, everywhere that honesty and audibility is important, Factom can add enormous value.” – David Johnston

Watch the below video for the full interview, David starts at 33m16s.

Factoids available on more exchanges
We are thrilled that Factoids (FCT) are now available on even more exchanges. Below is an updated list of current exchanges and markets where you can find them.

Recent Posts

Factom Hackathon Recap

Factom Hackathon Recap

Posted: June 18, 2018 In Hackathon

It has been a week since we kicked off the first hackathon exclusively hosted by Factom and we couldn’t be more proud of how it went. We learned a lot, we lost sleep and we spent this last week in retrospection. With over 100 attendees, we spotted some very bright, enthusiastic, and passionate developers who came to conquer paper.

Factom launches Milestone 3: Fully Autonomous Protocol

Factom launches Milestone 3: Fully Autonomous Protocol

Posted: May 3, 2018 In Company Updates

This is the third and final milestone for the Factom Blockchain Protocol as outlined in the white paper. 

The Problems with Blockchain

The Problems with Blockchain

Posted: April 4, 2018 In Blockchain

We would like to take a moment to discuss the problems with blockchain, which might seem odd as we are a blockchain company. In truth, it was the problems we saw in the early stages of blockchain technology that led us to create the Factom Network.