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ease
features
design
support

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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

Utilizing a highly unstable native cryptocurrency can significantly impede business operations; however, YOSEMITE addresses this issue by implementing tokens that are linked to government-sanctioned fiat currencies. Moreover, YOSEMITE employs a distinctive Proof-of-Transaction consensus mechanism, which restricts block creation and rewards to only those who directly contribute to the blockchain, effectively tackling the core challenges associated with Proof-of-Work and Proof-of-Stake consensus methods while ensuring a fair and efficient system. This innovative approach enables both governments and enterprises worldwide to leverage the benefits of blockchain technology and implement sustainable practices. Additionally, the YOSEMITE blockchain introduces a novel YOSEMITE Standard Token framework, allowing every created account to mint these tokens and perform standard operations natively supported by the blockchain's core architecture. It is also important to note that the blockchain's core system guarantees and enforces interoperability among the various tokens operating within the YOSEMITE ecosystem, thereby fostering a cohesive and versatile environment for users.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Ethereum

Integrations

Ethereum

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
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

Yosemitex

Country

United States

Website

yosemitex.com

Product Features

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

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