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Factom Protocol
The Factom Protocol is a decentralized data integrity protocol for businesses and governments, enabling them to immutably record data on a public blockchain. It utilizes a unique two-token system to fix the cost of data entry, allowing integration into legacy systems without directly handling volatile cryptocurrencies. The protocol has been used by prominent organizations like the U.S. Department of Homeland Security and the Bill and Melinda Gates Foundation.
Distributed
Funding Rounds
Funding Round: Series B
Funding Date: 1 Aug, 2018
Raised Amount: $6M
Funding Round: Series A
Funding Date: 18 Apr, 2017
Raised Amount: $8M
Funding Round: Series A
Funding Date: 1 Apr, 2017
Raised Amount: $2.7M
Funding Round: Series A
Funding Date: 1 Oct, 2016
Raised Amount: $5.3M
Funding Round: Seed
Funding Date: 14 Oct, 2015
Raised Amount: $400K
Funding Round: Seed
Funding Date: 21 Jul, 2015
Raised Amount: $1M
Funding Round: Unknown
Funding Date: 1 Jul, 2015
Raised Amount: $1M
Funding Round: Unknown
Funding Date: 1 Apr, 2015
Raised Amount: $140K