Factom Apollo™ software was designed to help mitigate the risk of centralized databases. The liability of data is that it can be altered without a record of those changes. It has become clear that database integrity is core to a well-functioning business.
A Factom Apollo™ software integration allows you to continue using business process that work for your organization, while having a clear history of how data has been changed over time.
Factom Apollo can help
Factom Apollo™ software audits multiple sources of data, bringing together disparate information into a unified chain of events. These chains of data are updated in real-time. They become a single record of truth that can't be manipulated.
- Perform real-time audits to verify data has not been backdated or altered.
- Know who did what within your organization by using our immutable data ledger.
- Know and prove you are in compliance with regulators, without an expensive manual audit.
- Understand what assets and liabilities you have in real time.
Factom Apollo™ software lets you concentrate on your organization's mission and the challenges you are facing. It frees up audit and compliance resources. And it allows you to get the answers you need fast. Never lose sight of customers, orders, or assets even when the information leaves the four walls of your organization.
Factom Apollo™ software is ideal for tracking insurance claims data, financial trading, and informs whether complex business processes are being followed.
Who is talking about us?
"Factom Harmony provides a single permanent document catalog that eases the pain and cost of audits..."
"Factom is working on redundant record keeping problems, proof of compliance, and data integrity."
"...identifying details about a transaction permanently, securing them cryptographically so that they cannot be changed."
"Platform-creating startups like Factom facilitate highly specific insurance policies."
"By decentralizing data through the blockchain, Factom avoids critical failures due to user error or hacker."
"The US Department of Homeland Security has awarded Factom $199,000 to advance the security of digital identity for IoT devices."
"Factom is to integrate its technology with Ancun Zhengxin's electronic data notarization services in China."
"Factom ... is working with technology consulting firm iSoftStone to shape a smart city strategy."
"Provider of a data layer solution described as a giant database in which anyone can insert data directly on the Blockchain."
"It offers a way for people who do not know or trust each other to create a record..."
"It's about a giant distributed ledger that you can write anything to and never unwrite it."
"[what else can Blockchain be used for] any kind of data you can think of that is transactional in nature & requires immutability"
"[The blockchain] brings a level of auditing that’s based on mathematics and not based on trusting a third party."
"Factom ... can reduce the cost and complexity of audit trails, managing records, and complying with government regulations."
"Blockchains are like the internet – they’re owned by everybody and nobody."
"The issue of lost tax returns is one that the startup Factom is using to illustrate the potential of its business."