Welcome to my Post.
In this post I would like to give you some information about Factom.
WHAT IS FACTOM ?
Factom Inc. is a company that builds blockchain software. Factom technology secures data for private and public organizations by publishing encrypted data or a cryptographically unique fingerprint of the data to Factom’s immutable, distributed Blockchain.
The Factom Blockchain is an open source project. It was build to secure data and systems. Often it is described as a publishing and auditing engine. It allows users to write data to its ledger for a small fee. Once information has entered into the Factom Blockchain it can’t be removed .
Factom is using the technology behind bitcoin to change how businesses manage data and keep records. Factom has partnered with Microsoft to have its technology incorporated with the Azure cloud platform so that developers can easily make use of the technology. Factom has also demonstrated proof of concept by adding all the books from Project Gutenberg into the blockchain.
INVEST IN FACTOM ?
Thanks to the great technology and the large software partners, Factom has great potential to grow even further.
Faktom showed its potential a few days ago (before the crash).Factom rose to over $ 30
Here you see the development of factom since the beginning of this year
Faktom in the moment:
As you can see the price has fallen by almost 50%. This is why you should take it into consideration and use the favor of the hour to invest in Factom.
Investment tip : In my opinion invest in any case
I hope you liked the post. If yes, leave an upvote
Resteem is allowed
Best Regards
Steemornot
I think if the overall market for altcoins continue to drop, Factom will as well.
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