Category: Blockchain

What is Factom?

Posted: March 7, 2015 By Tanner Evans In Blockchain, Video

Factom is a data layer for the blockchain that allows users to secure and forever timestamp documents and even whole business processes. The Factom technology is especially compelling for those who want to build trust with users by providing complete transparency and real time auditability of their systems, while at the same time maintaining user privacy.

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Factom: A Data Layer for the Blockchain

Posted: March 7, 2015 By Paul Snow In Blockchain

Trust is a rare commodity in today’s global economy. Yet we must trust various parties to participate in this increasingly computerized marketplace. Until recently, electronic records have been particularly hard to protect, challenging to synchronize and difficult to verify, largely because computer records are so easy to change.

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Honesty is Subversive

Posted: March 3, 2015 By Paul Snow In Blockchain

In today’s global economy trust is in rare supply. This lack of trust requires the devotion of a tremendous amount of resources to audit and verify records ­ reducing global efficiency, return on investment, and prosperity. Moreover, incidents such as the 2010 United States foreclosure crisis demonstrate that in addition to being inefficient, the current processes are also terribly inaccurate and prone to failure.

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