Factom

Factom’s 1st Anniversary

By Crystal Wiese – Director of Marketing

Our quest to secure the world's systems and data has been exciting and challenging so far. The simple, yet powerful idea of Factom has led us to travel all over the world. We have been blessed to speak with leaders from almost every industry.

It has become clear that data and system integrity is a significant problem worth solving. There is a strong need for permanent, unchangeable data across both public and private sectors.

Over the last two years, we have been working hard to make Factom a reality. We have come a long way from our very first speech on Factom by Brian Deery, our chief scientist.

Building revolutionary technology does not happen overnight. One year ago today we launched the Factom Genesis Network and secured the first records on the Factom Network. These records included the Declaration of Human Rights and the Gutenberg Library, which includes many of the world’s famous public domain books. A year later we have secured more than 58 million records on the Factom Network.

The basic functionality of publishing and validating data is just the beginning.

We are building Factom so that developers can utilize permanent and unchangeable data, at scale, in any application. The first pioneers have been DataYes, Ancun, Intrinio, and Poloniex helping us secure stock market data, notarize documents, and build a digital history that developers can build on.

We are launching an updated brand and website on our anniversary. The new website integrates Factom.com and Factom.org websites, giving us a clean, unified look and feel. The website has a dedicated section devoted to our development community. We will be rolling out new resources and tools to support our valued community over the next few weeks. Our Acolyte service for Smart Contract oracle creation is available for alpha testing now.

We have also added the Factom Live Network Usage ticker. This exciting new feature allows anyone to see how many records, entries, and anchors have been placed into the Factom network in real time.

If you come across mistakes or things that just don’t feel right, while exploring our newly branded website, please let us know. You can send us reports about bugs you find to to our contact page here.

Thanks for being an awesome and supportive community.

The Factom Team

Also, here are photos of our little celebration.

Factom Ann 1 4
Factom Ann 1 3
Factom Ann 1 2
Factom Ann 1 1

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.