Factom ( FCT )
Factom is a next generation platform for creating enterprise tools and applications using Blockchain technology.
It allows you to build applications on top of the Bitcoin blockchain, and also uses a simple API that lets you build projects that were not possible before, while still harnessing the trust and security of the Blockchain.
Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system. By creating a data layer on top of the Bitcoin blockchain, Factom’s distributed ledger technology secures millions of real-time records in the blockchain with a single hash using cryptographic isolation. Businesses can use Factom to document their information so that it cannot be modified, deleted or backdated.
Factom’s technology decentralizes record keeping by ensuring that the integrity of stored data remains intact, providing complete transparency, while at the same time maintaining user privacy in an increasingly digital world.
Factom headquarter is based out of Austin, Texas and has team members in Shanghai, Beijing, Honduras, London, and Sunnyvale.