What is factom & how does it work?

Former Factom CEO Peter Kirby Factom is an enterprise blockchain protocol that ensures the integrity of data and digital assets. The Factom protocol is open-source, decentralized, and can be easily integrated into legacy systems without the need to handle cryptocurrency.

Is factom (FCT) on the rise?

Factom is on the rise this week. The price of Factom has risen by 100.00% in the past 7 days. The price increased by 100.00% in the last 24 hours. In just the past hour, the price grew by 100.00%. What Is Factom (FCT)? Factom is a data integrity protocol that allows legacy systems to be easily integrated without requiring cryptocurrencies.

Why is factom so controversial?

All cryptocurrencies suffer from various issues and some sort of controversy and while Factom is no different, it was rather difficult to scoop up some dirt on them. One of the biggest issues/controversies surrounding Factom is that the Factoid (FCT) supply is not capped, meaning FCT tokens will forever be issued, regardless of price and supply.

What is factom (FCT) coin?

Factom or FCT coin is a cryptocurrency for internal use on a distributed, decentralized platform based on blockchain technology with the blocks consisting of encrypted information.