Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system. Unlike most databases, the blockchain is distributed across the Internet, making it practically impossible to shut down. Whereas the Bitcoin blockchain is a record of financial transactions, Factom is designed to store any type of data.

This makes Factom an ideal platform for a wide range of applications, including financial systems, medical records, supply chain management, voting systems, property titles, legal applications, and much more.