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 Inc.’s Growth Triggers Leadership Team Expansion

Factom Inc.’s Growth Triggers Leadership Team Expansion

Posted: November 7, 2017 In Press Releases

Factom Inc.’s Growth Triggers Leadership Team Expansion

Factom Harmony

Factom Harmony

Posted: March 2, 2017 In Press Releases

Factom Harmony is a commercial product for the mortgage industry. It is built on the Factom Apollo data management solution and allows users to store and create permanent mortgage records.

The Great Migration

The Great Migration

Posted: December 30, 2016 In Factom Foundation

Factom Genesis is migrating to the new Factom Federation network. We will be deploying eight federated servers and eight audit servers to the Federation network. This migration will usher in an era of censorship-resistant and global distribution.