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Description
The Factom Protocol serves as a data integrity solution employed by both the U.S. Department of Homeland Security and the Bill and Melinda Gates Foundation. This protocol is designed for seamless integration with existing legacy systems, eliminating the necessity to manage cryptocurrency transactions. With its dual-token system, Factom allows for the one-way conversion of its volatile native token into a fixed-value Entry Credit that facilitates data entry onto the protocol. As a result, organizations, including governmental bodies and businesses, can leverage a public blockchain without the complexities associated with handling cryptocurrencies that fluctuate in value. By utilizing Factom's robust data architecture, users can effortlessly develop powerful protocols, auditing technologies, and decentralized applications (DApps) that are focused on ensuring data security and integrity. This innovative approach not only streamlines data management but also enhances transparency and trust in the processes involved.
Description
Enterprise clients can utilize a blockchain-driven data registry along with a verifiable credential framework to ensure that both data and processes can be independently validated. By leveraging blockchain technology, organizations can generate entries that confirm data existed in a specified state at a particular moment in time. Consequently, anyone authorized to access this data can cross-reference it with the blockchain version for verification. Amendments to the data will be easily noticeable and can be promptly identified by any system equipped with Connect functionality. The Factom blockchain offers an unchangeable record by securely publishing timestamped documentation of your data and files, thus helping to avert expensive disputes. This evidence is stored permanently on the Factom blockchain, ensuring it is available for review whenever validation is required. The Factom blockchain serves as a robust public witness, as the entries are validated by an expanding network of computers operating the protocol, making the credibility of their proofs undeniable. This feature enhances confidence in the integrity of the data, fostering trust among all stakeholders involved.
API Access
Has API
API Access
Has API
Integrations
Ethereum
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$100 per month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Factom
Founded
2014
Website
www.factomprotocol.org
Vendor Details
Company Name
Factom
Founded
2014
Country
United States
Website
www.factom.com/products/harmony-connect/