OverviewSuggest Edit

Factom Harmony is a blockchain base document technology that works with existing imaging or document management solution to create a secure, transparent, unalterable record for the final loan documents. The Company provides a single permanent document catalogue that reduces the costs for audits, file reviews, lost documents, post-closing, and litigation. Its products are used throughout the public, private, and nonprofit sectors to help organizations implement solutions in data integrity, audit, and compliance.

TypePrivate
Founded2014
HQAustin, TX, US
Websitefactom.com
Overall CultureA+

Latest Updates

Employees (est.) (Sept 2021)16(-5%)
Cybersecurity ratingAMore

Key People/Management at Factom

Paul Snow

Paul Snow

Founder and CEO
David Johnston

David Johnston

Chairman of the Board
Jay Smith

Jay Smith

COO
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Factom Office Locations

Factom has an office in Austin
Austin, TX, US (HQ)
7801 N Capital of Texas Hwy #240
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Factom Financials and Metrics

Summary Metrics

Founding Date

2014

Factom total Funding

$15.5 m

Factom latest funding size

$6 m

Time since last funding

3 years ago

Cryptocurrency

Factom (FCT)

Factom investors

Factom's latest funding round in August 2018 was reported to be $6 m. In total, Factom has raised $15.5 m
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Factom Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Factom Online and Social Media Presence

Embed Graph

Factom Company Culture

  • Overall Culture

    A+

    91/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    100/100

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Factom News and Updates

Tautachrome (OTC: TTCM) Partners with Kompendium LLC for NFT Integration into ARknet; NFT Services to Leverage the Factom Protocol and Ethereum

ORO VALLEY, Ariz., May 17, 2021 (GLOBE NEWSWIRE) -- Tautachrome (OTC: TTCM), the developer of the ARknet platform, today announced the creation of a partnership with Kompendium LLC for the integration of Non-Fungible Tokens (NFT) and NFT-related services into the ARknet platform. Kompendium is a s…

FinTech Blockchain 2020 Global Market Key Players - Chain, Applied Blockchain, Factom, Bitfury, BTL Group, Alphapoint-Analysis And Forecast To 2026

New Study Reports "FinTech Blockchain - Covid-19 impact on Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2026” Posted via Industry Today. Follow us on Twitter @IndustryToday

Blockchain Company Factom Inc. Files for Chapter 11 Bankruptcy

Factom Inc.'s board has presented a proposal for restructuring the business, which will now be assessed by the administrators.

Factom Faces Liquidation After Investors Refuse Request for More Funding

The blockchain firm's biggest investor, FastForward, is now its receiver.

Factom Protocol launches new secure data storage product, Factom Pro for enterprise

The Factom Protocol, a distributed product from distributed ledger technology developer Factom Inc., announced today that one of its operators, De Facto, has launched a new portal for the cloud. The product, Factom Pro, is a cloud-based portal designed to secure business data using the Factom block…

US Energy Department Funds Trial of Factom Blockchain to Secure Power Grid

Factom, one of the earliest firms to pitch blockchains to businesses, is participating in a U.S.-funded trial of the tech to protect the power grid.
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Factom Blogs

Factom Inc. Wins Contract Award from the Department of Homeland Security: Preventing Forgery & Counterfeiting

DHS SVIP has awarded Factom Inc. 197k to develop cross-blockchain technology to help prevent the forgery and counterfeiting of certificates and licenses. The post Factom Inc. Wins Contract Award from the Department of Homeland Security: Preventing Forgery & Counterfeiting appeared first on Facto…

October 2019 ANO Update

October was a great month for Factom core development.  This month the updated Xuan version passed quality control, passed the testnet, and was deployed across the network leaders.  This was a huge success because it represented several months of updates and bug fixes going live to make the network …

Grant Update October 2019

October was a great month for Factom core development. This month the updated Xuan version passed quality control, passed the testnet, and was deployed across the network leaders. This was a huge success because it represented several months of updates and bug fixes going live to make the network mo…

September 2019 Authority Node Operator Update

September was a month tantalizingly close to huge success in development.  The Xuan version of factomd was released to master, after passing testing on the testnet.  Deployment started on the mainnet, but some workarounds to maintain full capabilities ended up not working.  The release was pulled ba…

Grant Update September 2019

Status and Achievements September was a month tantalizingly close to huge success.  The Xuan version of factomd was released to master, after passing testing on the testnet.  Deployment started on the mainnet, but some workarounds to maintain full capabilities ended up not working.  The release was …

August 2019 Authority Node Operator Update

August brought the incarnation and launch of the PegNet! As a decentralized, non-custodial network of tokens pegged to different currencies and assets that allow for trading and conversion of value without the need for counterparties, it was a great effort by the Factom Protocol Community.  While th…
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Factom Frequently Asked Questions

  • When was Factom founded?

    Factom was founded in 2014.

  • Who are Factom key executives?

    Factom's key executives are Paul Snow, David Johnston and Jay Smith.

  • How many employees does Factom have?

    Factom has 16 employees.

  • Who are Factom competitors?

    Competitors of Factom include docuvita, The Open Application Network and Leverton.

  • Where is Factom headquarters?

    Factom headquarters is located at 7801 N Capital of Texas Hwy #240, Austin.

  • Where are Factom offices?

    Factom has an office in Austin.

  • How many offices does Factom have?

    Factom has 1 office.