Factom (FCT)

Factom is a blockchain technology company based in Austin, Texas. The company was founded in 2014 by Paul Snow and David Johnston as a blockchain as a service company, using blockchain for data management and security. Its customers include the United States Department of Homeland Security, and the company previously anchored Project Gutenberg. Factom (FCT) is a cryptocurrency for internal use on the Factom platform, which is based on blockchain technology and consists of blocks of encrypted information. The Factom project was launched in 2015, the purpose of which was to increase the standard block size in the blockchain system – 1 MB. In 2015, the developers of Fantom realized that such a small block size can become a problem.
Rank 97
Price $5.80
Market Capitalization $50 699 812
24 Hours Volume $2 683 189
Available Supply 8 745 102 FCT
Total Supply N/A
Change (1 Hour) -1.12%
Change (24 Hours) 10.94%
Change (7 Days) 32.13%
Factom News
February 29th, 2016

Microsoft predicts interesting days in the distributed ledger ecosystem and is looking for new partners and new open technologies.

February 5th, 2016

Factom collaborates with iSoftStone to shape a smart city strategy, which will roll out data storage, auditing, and verification service for several regions in China.

January 5th, 2016

Microsoft has added four new partners, including BitPay, to its Azure blockchain-toolkit platform.

December 27th, 2015

Coinsilium, a blockchain investment services provider, has started stock trading on the ICAP Securities and Derivatives Exchange in London.

December 17th, 2015

Microsoft’s Azure Blockchain has added Eris, CoinPrism (OpenChain) and Factom as new partners to its blockchain-toolkit platform.

Money 20/20: BitAngels Announced Three Top Global Startups
November 1st, 2014

Three winners of the global startup competition were announced at the CoinAgenda conference.