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Description: The Factom protocol is an open source data integrity protocol built by a coalition of technology companies that extends the security of blockchain to any type of data.
The Factom Protocol is a data integrity protocol utilized by the U.S Department of Homeland Security and the Bill and Melinda Gates Foundation. The protocol provides easy integration into legacy systems without the need to handle cryptocurrency.
Factom’s two token system provides a one-way burning of the volatile native token of the protocol into a non-tradeable fixed-value Entry Credit that allows entry of data onto the protocol. Companies and governments can now utilize a public blockchain without needing to handle volatile cryptocurrencies.
The Factom Protocol represents opportunities for businesses, governments, and other entities to record and preserve their data in an immutable and cost-efficient way.
Prestige IT: Denver IT Support, Cybersecurity, Helpdesk
Urals Coin vending crypto currency