Paul Snow, CEO, and Co-Founder of Factom sat down with us at the Bitcoin, Ethereum & Blockchain Superconference 2018 to offer his insight on what the blockchain is capable of today and what it may be able to do down the line.
Factom, is a blockchain technology company focused on data management and security. The key is that the protocol is built on top of the Bitcoin blockchain, meaning it is decentralized and not run by any one person. This makes it impermeable to being shut down or hacked. Factom’s focus is on developing software making it impossible to change the past, making it very beneficial for individuals and businesses who seek a way to make data verifiable and unchangeable.
“We see a future world where fraud, corruption, and forgery are a thing of the past. We believe in keeping private data private and securing the world’s wealth because privacy and possession of property are basic human rights … Factom