The Factom price is currently $ 1.44 with a 24-hour trading volume of $ 242,742 across 4 exchanges. The FCT price is up 3.48% in the last 24 hours. Factom reached its highest price on January 7, 2018, when it was trading at its all-time high of $ 85.64. It has a circulating supply of 9.40M FCT.

Factom (FCT) is a blockchain based data management system and crypto token which operates on trustless ledger technology. It ensures that data hasn’t been altered and is designed for voting systems, medical records, legal uses and other instances where the integrity of a document is essential. Factom’s blockchain technology is intended for adoption by a wide range of organizations including governments, non-profits and enterprises. Factom can save organizations money on auditing and gives businesses the confidence of knowing that records haven’t been altered in any way. A number of products have been built on top of the Factom blockchain, many of which are based around concepts such as due diligence and the authentication of documents. Among other things, Factom can eliminate issues pertaining to documents being lost, stolen or forged, all powered by the immutable proof of the blockchain.