Factom is an enterprise-grade blockchain layer. It acts as a crosschain solution that allows independent nodes to communicate with Bitcoin through the Factom protocol. Instead of storing entire records on the blockchain, it acts as an encrypted, immutable directory. Factoids (FCT) are the native cryptocurrency coins used by the Factom blockchain.





Industries like real estate, law, technology, and healthcare need to store and transfer data regularly, and a documented chain of ownership is important. Record-keeping is important, and it’s hard in large organizations to track who did what when to a document without extensive documentation.

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