Blockchain Solutions For The Medical Industry

5th June 2018

Healthcare in the Digital Age

The information era has revolutionized healthcare. Patient records are accessible at the click of a button, facilitating better diagnoses and improving patient outcomes. Yet despite these advances, there is a long way to go. The proliferation of data services who store this critical information has resulted in a patchwork of competing systems that is difficult to navigate, hampering accessibility to patient data when crossing platforms. A recent MIT technology review found 26 different electronic medical record systems being used in the Boston area alone! Such examples illustrate the drastic need for a distributed, easily accessible network.

Blockchain technology presents a tantalizing solution to this problem. Distributed ledger technology (DLT) can be leveraged to eliminate the …

The Top Blockchain Solution For Supply Chain Management

4th June 2018

Value Proposition

Global supply chains account for a total market value of $40 trillion annually, and stand to benefit greatly from the latest advances in blockchain technology. This vast global network is uniquely positioned to take advantage of the new tools being developed to improve supply chain efficiency and functionality. Deloitte recently noted the potential for blockchain to improve supply chain transparency and traceability, stating:

“Blockchain can enable more transparent and accurate end-to-end tracking in the supply chain: Organizations can digitize physical assets and create a decentralized immutable record of all transactions, making it possible to track assets from production to delivery or use by end user. This increased supply chain transparency provides more visibility to both businesses

Factomize May 2018 Monthly Update

31st May 2018

In late April Factomize LLC was chosen as one of the first 21 Factom Authority Nodes. As part of our campaign for an Authority Node, we stated our goals were:

1. Maximize deferment to the Protocol Grant Pool to ensure critical Protocol development.
2. Provide a highly stable, scalable Authority Node or Nodes for the Network with 24/7 monitoring and response.
3. Manage capital and expenses in a manner where the financial stability and ability to scale the Authority Node(s) is ensured no matter the price of the Factoid and Bitcoin.
4. Create a community portal to improve communication and information dissemination.

We’d like to update you where we’re at with these goals:

1. We promised a minimum of …

Introducing the First 21 Factom Protocol Authority Nodes

2nd May 2018

The design of the Factom Protocol calls for a series of “Authority Node” servers, owned and operated by independent entities to both decentralize and further the protocol with the release of Milestone 3 (M3). The goal is to eventually have 65 Authority Nodes and 65 separate entities to operate them. As the rollout of M3 has begun, the Factom Protocol Guides finally selected the first round of Authority Nodes Operators; 21 in total. Once these 21 Authority Node Operators are up and running, more elections will be held with the eventual goal of all 65 Nodes operating independently. Many of the entities below will strive to become large blockchain players like Factom Inc. It’s extremely exciting for the …

Thoughts on Today’s Factom AMA

15th December 2017

Factom held an AMA today with their Vice President of Sales, Jason Nadeau and their new CMO, Jay Smith which you can read here. Below are some of the more interesting tidbits that make me feel the Factoid (FCT) should be a top 20 token when compared to the tokens with higher market caps. And I’m not the only one who likes what they see with Factom; the cryptocurrency hedge fund, Multicoin Capital is also bullish.

The token for the Factom protocol that trades on the exchanges is the Factoid (FCT). You can burn FCT for Entry Credits (these are not transferable and are not traded on exchanges) which allow you to enter data into the Factom blockchain. …

How Factom may end counterfeiting, secure identities, and change the way many businesses and governments operate

12th October 2017

The Factom Protocol with its’ Factoid (FCT) token is a global utility that aims to be the means by which the world ensures data integrity and and finally secures identities. As an open protocol anyone can utilize, the possibilities are nearly endless. Factom Inc., is developing enterprise level applications that will utilize the protocol and establishing highly strategic partnerships in the process. One such partnership is with Smart Trac who have developed dLoc, a RFID-based means of authenticating documents and so much more. For a 3 minute overview of this technology, see this video:

As the Smart Trac website says, “Leveraging SMARTRAC and Factom technology, any institution that issues vital records – governments, banks, hospitals, universities – can use …

How Factom May One Day Be Utilized By Most Mobile Phones

15th August 2017

Factom (FCT) is a cryptocurrency data layer that some refer to as TCP/IP for data integrity. Many feel it is extremely undervalued when compared to other crypto as it solves enormous real world problems and has working products and clients. Factom can be difficult to understand, in part, because the team tends to be very quiet about what they’re doing and working on for strategic purposes. They are the anti-hype coin and those of us who invest in it have to dig deep at times to find information.

Yesterday I came across the Rivetz ICO which is working to create a hardware-based cybersecurity solution that provides proof and assurance of privacy and security at the hardware level. What makes Rivetz

The Genius of the Factom Two-Token System

8th August 2017

The majority of internet traffic runs on the TCP/IP protocol yet few understand how it works or even know that it exists. Technology integrates it seamlessly so that we don’t have to. As the Factom Protocol continues to move towards becoming the internet’s data integrity layer, businesses, governments, and application builders will use it in much the same way as TCP/IP when they want to ensure the integrity of their data. For true data integrity, one must have a trustless, decentralized, immutable, censorship resistant, autonomous protocol and that is exactly what the Factom Protocol is. As Paul Snow, Chief Architect of Factom stated:

While many in cryptocurrency circles have heard of Factom, most don’t know that it actually is …