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What is Factom?

The Factom Protocol acts as a reliable data integrity framework that is utilized by entities such as the U.S. Department of Homeland Security and the Bill and Melinda Gates Foundation. It is specifically crafted to integrate effortlessly with pre-existing legacy systems, which helps to avoid the complications of managing cryptocurrency transactions. Featuring a dual-token structure, Factom enables users to convert its inherently volatile native token into a stable Entry Credit, which is essential for entering data into the protocol. This characteristic allows various organizations, from government agencies to private enterprises, to take advantage of a public blockchain while sidestepping the challenges associated with variable cryptocurrency values. By implementing Factom's advanced data framework, users can easily create effective protocols, auditing tools, and decentralized applications (DApps) aimed at safeguarding data integrity and security. This cutting-edge strategy not only simplifies data oversight but also promotes greater transparency and builds trust in the operational workflows involved. Ultimately, Factom's innovative technology is paving the way for a more secure and reliable digital landscape.

What is BitTorrent?

BTT, a TRC-10 utility token, powers the largest distributed network globally, enabling numerous widely-used decentralized applications and protocols. Prominent DApps that leverage BTT include BitTorrent Speed, BitTorrent File System, DLive, and various others currently in development. Users can access BitTorrent Speed via BitTorrent and µTorrent Web, along with µTorrent Classic. By activating BitTorrent Speed, participants can offer tokens to uploaders for a faster downloading experience, creating a compelling incentive for uploaders to keep files seeded longer and dedicate more bandwidth and storage to support other clients in the network. Acting as a crucial element of BitTorrent Speed, BTT serves as a cryptocurrency tailored for torrenting, thereby enhancing the overall robustness of the BitTorrent protocol. Additionally, BitTorrent Speed seamlessly uses BTT to place automatic bids, which boosts download speeds while users operate the torrent software in a familiar manner. This dynamic fosters a mutually beneficial relationship between uploaders and downloaders, ultimately fortifying the network’s integrity and efficiency. As the ecosystem expands, it continues to attract more users, further enhancing its capabilities and reach.

Media

Media

Integrations Supported

Ethereum

Integrations Supported

AzireVPN
Bibox
BitForex
Bitfinex
Bitget Wallet
Bithumb
CryptoTax360°
ELLIPAL
Gate.io
Getright
Guarda Wallet
HitBTC
KuCoin
Telegram
TrinityX
Upbit

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

Android
iPad
Windows
Mac

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Factom

Date Founded

2014

Company Website

www.factomprotocol.org

Company Facts

Organization Name

BitTorrent

Company Location

United States

Company Website

www.bittorrent.com

Categories and Features

Blockchain

Not specified

Categories and Features

Blockchain

Not specified

File Sharing

Not specified

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