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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2115841 times)
crazyivan
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November 15, 2016, 09:34:36 PM
 #6021

Here it starts.

More, give me more. Lower the price more.  Grin Grin

If you re allergic to making money, I m not.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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November 16, 2016, 01:05:44 AM
 #6022

Did Brian Deery just really randomly reply in this thread and ignore everything else we have been talking about? My only guess to them completely brushing all this chatter of concerns off is that they are confident in their developments and upcoming milestones that our doubt doesnt concern them; which is a good and strong sign that we are approaching amazing times. This could possible be the last chance to pick up some cheap FCT at these prices. It is going to be an interesting next few weeks in the market.

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November 16, 2016, 02:22:55 PM
 #6023

http://coinjournal.net/blockchain-startup-receives-grant-gates-foundation-medical-records-project/
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November 16, 2016, 02:46:00 PM
 #6024

http://coinjournal.net/blockchain-startup-receives-grant-gates-foundation-medical-records-project/

And it is.... Factom...  Smiley
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November 16, 2016, 03:05:22 PM
 #6025


So Factom receives grant and price falls?  Interesting ...

any idea how much the grant is worth?

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November 16, 2016, 03:06:49 PM
 #6026


Cool Bill Gates Foundation chooses Factom. That is a nice vote of confidence!!
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November 16, 2016, 03:09:39 PM
 #6027


Ooops... Error 404
Sorry, but the page you are looking for doesn't exist.


can you copy/paste the text of the article please ?
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November 16, 2016, 03:09:58 PM
 #6028

Article suddenly on 404? Published too soon?  Roll Eyes
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November 16, 2016, 03:15:08 PM
 #6029


Ooops... Error 404
Sorry, but the page you are looking for doesn't exist.


can you copy/paste the text of the article please ?

here is part of it:

http://kamvreto69.blogspot.com/2016/11/factom-receives-grant-from-gates.html

Code:
 Factom Receives Grant From Gates Foundation For Medical Records Project

Factom Inc., a company that provides businesses and governments with blockchain solutions to manage and store their data, has received a grant from the Bill & Melinda Gates Foundation to build a medical records system for the organization. The technology will provide identity management and improve healthcare information management. The globally distributed records will be […]

1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
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November 16, 2016, 04:03:52 PM
 #6030

Probably it was published too early It is weird that CoinJournal publishes it earlier than Factom itself on their blog. This was the complete text from Google Cache:

Factom Receives Grant From Gates Foundation For Medical Records Project

Factom Inc., a company that provides businesses and governments with blockchain solutions to manage and store their data, has received a grant from the Bill & Melinda Gates Foundation to build a medical records system for the organization.

The technology will provide identity management and improve healthcare information management. The globally distributed records will be accessible anywhere and by any authorized person with biometric verification.

The solution will be targeted at developing nations where medical records are historically documented on paper and stored by clinics, posing a problem when people move or if a region is destabilized. It will provide medical professionals and clinics with “the tools they need to treat disease and coordinate care in the ever-shifting environment of the developing world,” the company said.

“The Gates Foundation can use this technology to improve delivery of vaccines, HIV relief efforts, and other diseases by having a tool that is border-less and can follow the patient throughout their life regardless of where they end up in the world,” a spokesperson for Factom told CoinJournal.

“The foundation already supports many of these efforts but Factom’s technology can help them manage it better by putting control of patient information into the hands of patients and their providers of care.”

For instance, with the use of a smartphone, a medical professional would be able to look up the vaccination record for a baby born in a remote area and make sure they receive the correct vaccinations or an HIV-infected person would be able to access their viral load measurement results.

Factom has already been involved in a healthcare-related project, having partnered with HealthNautica, a medical records and services solutions provider, in April 2015 on a similar project. The collaboration aimed at using Factom’s immutable ledger to verify and time-stamp medical records and claims. The purpose was to achieve efficiency in claims processing, ensure the integrity of medical records, while still maintaining patient privacy.

Another blockchain startup that has recently set sights on the healthcare industry is Gem, which announced in July Gem Health, a network for developing applications and shared infrastructure for healthcare powered by the Ethereum blockchain. The Philips Blockchain Lab, a research and development center of healthcare giant Philips, was the first major provider to join the Gem Health network.

This is the second grant Factom has received this year. In June, the company was awarded US$199,000 by the US Department of Homeland Security (DHS) Science and Technology Directorate (S&T) to advance the security of digital identity for Internet-of-Things devices.

Factom raised US$4.2 million in a Series A funding round in October. The round, led by Tim Draper of Draper Associates, included participation from Fenbushi Corporation from China, Plug and Play, BnkToTheFuture, Propertyinfo Corporation, Star Vista Capital, LLC, CashBUS, as well as angel investors Kevin Spiers and Darla Spiers, Hillary Ryan, Leon Fu, among others.
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November 16, 2016, 04:08:55 PM
 #6031

Lol suddenly it gets removed someone dont want the price to increase
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November 16, 2016, 04:12:28 PM
 #6032

Lol suddenly it gets removed someone dont want the price to increase

Any other sources to verify it from? Are those news fake?

There is no place like 127.0.0.1
In blockchain we trust
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November 16, 2016, 04:17:56 PM
 #6033

Lol suddenly it gets removed someone dont want the price to increase

Any other sources to verify it from? Are those news fake?

No other sources as far as I know. This is the link to the cached page that still works for me:
http://webcache.googleusercontent.com/search?q=cache:http://coinjournal.net/blockchain-startup-receives-grant-gates-foundation-medical-records-project/
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November 16, 2016, 04:22:38 PM
 #6034

Lol suddenly it gets removed someone dont want the price to increase

Any other sources to verify it from? Are those news fake?

No other sources as far as I know. This is the link to the cached page that still works for me:
http://webcache.googleusercontent.com/search?q=cache:http://coinjournal.net/blockchain-startup-receives-grant-gates-foundation-medical-records-project/

Thanks for this.. I couldn't find the cached versions...

I like this part, which means it will probably show on the blog soon:
Quote
a spokesperson for Factom told CoinJournal.

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November 16, 2016, 04:26:59 PM
 #6035

Probably it was published too early It is weird that CoinJournal publishes it earlier than Factom itself on their blog. This was the complete text from Google Cache:

Factom Receives Grant From Gates Foundation For Medical Records Project

Factom Inc., a company that provides businesses and governments with blockchain solutions to manage and store their data, has received a grant from the Bill & Melinda Gates Foundation to build a medical records system for the organization.

The technology will provide identity management and improve healthcare information management. The globally distributed records will be accessible anywhere and by any authorized person with biometric verification.

The solution will be targeted at developing nations where medical records are historically documented on paper and stored by clinics, posing a problem when people move or if a region is destabilized. It will provide medical professionals and clinics with “the tools they need to treat disease and coordinate care in the ever-shifting environment of the developing world,” the company said.

“The Gates Foundation can use this technology to improve delivery of vaccines, HIV relief efforts, and other diseases by having a tool that is border-less and can follow the patient throughout their life regardless of where they end up in the world,” a spokesperson for Factom told CoinJournal.

“The foundation already supports many of these efforts but Factom’s technology can help them manage it better by putting control of patient information into the hands of patients and their providers of care.”

For instance, with the use of a smartphone, a medical professional would be able to look up the vaccination record for a baby born in a remote area and make sure they receive the correct vaccinations or an HIV-infected person would be able to access their viral load measurement results.

Factom has already been involved in a healthcare-related project, having partnered with HealthNautica, a medical records and services solutions provider, in April 2015 on a similar project. The collaboration aimed at using Factom’s immutable ledger to verify and time-stamp medical records and claims. The purpose was to achieve efficiency in claims processing, ensure the integrity of medical records, while still maintaining patient privacy.

Another blockchain startup that has recently set sights on the healthcare industry is Gem, which announced in July Gem Health, a network for developing applications and shared infrastructure for healthcare powered by the Ethereum blockchain. The Philips Blockchain Lab, a research and development center of healthcare giant Philips, was the first major provider to join the Gem Health network.

This is the second grant Factom has received this year. In June, the company was awarded US$199,000 by the US Department of Homeland Security (DHS) Science and Technology Directorate (S&T) to advance the security of digital identity for Internet-of-Things devices.

Factom raised US$4.2 million in a Series A funding round in October. The round, led by Tim Draper of Draper Associates, included participation from Fenbushi Corporation from China, Plug and Play, BnkToTheFuture, Propertyinfo Corporation, Star Vista Capital, LLC, CashBUS, as well as angel investors Kevin Spiers and Darla Spiers, Hillary Ryan, Leon Fu, among others.

The same thing occurred with the Draper news, it seems someone keeps leaking press releases before the company wants that information released and it gets 404d. Its likely we see an official release from Factom at some point.
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November 16, 2016, 04:28:55 PM
 #6036

Lol suddenly it gets removed someone dont want the price to increase

Any other sources to verify it from? Are those news fake?

No other sources as far as I know. This is the link to the cached page that still works for me:
http://webcache.googleusercontent.com/search?q=cache:http://coinjournal.net/blockchain-startup-receives-grant-gates-foundation-medical-records-project/

Thanks for this.. I couldn't find the cached versions...

I like this part, which means it will probably show on the blog soon:
Quote
a spokesperson for Factom told CoinJournal.

Me too. it seems like an exclusive message from Factom for Coinjournal (and maybe some others), but they published it too early by accident I think. The market will probably respond as soon as Factom itself confirms the news.
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November 16, 2016, 04:42:03 PM
 #6037

Any devs care to explain?  Roll Eyes
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November 16, 2016, 04:48:16 PM
 #6038

Any devs care to explain?  Roll Eyes

I thought it was said the devs (and others)  dont much talk to us minions.

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November 16, 2016, 04:48:30 PM
 #6039


The price of all altcoins is down today due to a sudden rise of BTC's value in USD. I think the market has not yet responded to the news as it has not been confirmed by Factom yet
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November 16, 2016, 07:58:04 PM
 #6040

Some cool testing stats from Factom's twitter:
https://twitter.com/factom/status/798916097806311424


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