Factom Inc.’s Growth Triggers Leadership Team Expansion

Press Releases | November 7, 2017
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Factom Inc.’s Growth Triggers Leadership Team Expansion

Austin, TX (November 07, 2017) – Factom, Inc., a blockchain technology company based in Austin, Texas, announces the expansion of its leadership team driven by the company’s continued growth. Founder and Factom visionary, Paul Snow, has assumed the role of CEO for Factom. Snow plans to continue Factom’s leadership in the enterprise software space as well as to serve blockchain companies during this unprecedented time of growth. Factom Co-Founder, Peter Kirby, continues as President, leading company operations, guiding revenue growth and product roadmaps.

“We believe that Factom has a huge role to play in the evolving blockchain ecosystem,” said Snow. “Two billion dollars  has been invested in blockchain companies in the last year, and Factom technology is uniquely situated to solve many of the complex problems these companies face. Factom continues to build practical, efficient software that makes it simple to solve complex blockchain problems.”

Kirby added, “Factom has continued to evolve as a leader in enterprise blockchain infrastructure. As the blockchain ecosystem has evolved, Factom continues as both a solution for the blockchain innovators as well as a practical enterprise software solution for Fortune 1,000 companies. Paul’s role as CEO will continue to drive forward the company’s vision of a practical blockchain company that creates tremendous value for our customers, employees, and shareholders.”

With the launch of Factom Harmony in March 2017, Factom has seen a significant demand from the market, leading to a need for a more expansive leadership team. As President, Kirby will continue to lead the product roadmap for Factom, allowing companies to securely share and verify digital assets. This product revolutionizes the way companies collaborate and interact because Factom Harmony reduces costs for third party audits, due diligence and compliance reviews of data or documents in complex transactions.

About Factom, Inc.

Factom, Inc. is an Austin-based blockchain technology company on a mission to make the world’s systems honest. People and institutions today can solve hard problems and change the world for the better when they have a reliable framework to build upon. Honest systems free up dead capital, which allows companies to grow and help people lift themselves out of poverty. With clients such as the U.S. Department of Homeland Security and the Bill and Melinda Gates Foundation, Factom is the recognized leader in providing data solutions for blockchain.

POSTED: November 7, 2017 BY Crystal Wiese IN Press Releases

Crystal Wiese is the Director of Marketing at Factom. Working within the startup tech scene for the past 10 years she has become passionate about taking great ideas and building a strong comprehensive narrative. Graduating from the Art Institute of Portland with a degree in Design Management, Crystal has always seen the value in creating strong ties between the technical, creative and business.