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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2108607 times)
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June 21, 2018, 12:49:02 AM
 #9241


News Release: DHS Awards Austin-Based Factom, Inc. $192k for Blockchain Tech

(Source:
https://www.dhs.gov/science-and-technology/news/2018/06/15/news-release-dhs-awards-austin-based-factom-inc-192k)

Release Date: June 15, 2018
For Immediate Release
DHS S&T Press Office, (202) 254-2385

WASHINGTON – The Department of Homeland Security (DHS) Science and Technology Directorate (S&T) has awarded $192,380 to Factom, Inc., a start-up based in Austin, Texas, to begin beta testing of a capability that uses blockchain technology to secure Internet of Things (IoT) data. This award is part of the fourth and final phase of S&T’s Silicon Valley Innovation Program (SVIP).

“The early phases of Factom’s work has informed architecture choices and design decisions inherent in integrating blockchain with existing technologies,” said Anil John, S&T Identity Management Research and Development Program Manager. “In Phase IV, Factom will deploy this technology in a realistic field environment with Customs and Border Protection (CBP) to understand its operational impacts.”

Blockchain is a technology that is highly resistant to data modification. Transactions in a blockchain network are recorded as blocks of information in a chronological chain of data. Each chain is copied and kept synchronized across multiple nodes, or computers, making the system highly resilient to attacks or data loss. Data can be added to a blockchain, but no information in it can be modified retroactively or deleted without alerting users.

Factom’s project combines blockchain technology with critical infrastructure—such as sensors and cameras—to protect the integrity and authenticity of data collected by these devices. The capabilities developed by this project integrate with existing IoT devices and does not require the creation of blockchain-specific technology.

The final phase of the SVIP project will see Factom testing its capability in an outside environment with limited internet connectivity and in varied weather conditions to mimic the conditions under which U.S. Border Patrol agents operate. Factom’s goal is to demonstrate how IoT devices can maintain a high standard of reliability while eliminating the ability to spoof, modify or disrupt data from ground sensors and cameras. The end objective is to produce a commercially viable product ready to enter the market.

“Operational testing in a realistic U.S. Border Patrol environment will greatly benefit the development of this technology,” said Melissa Ho, SVIP Managing Director. “SVIP’s goal is to partner with companies to produce the best possible market-ready products that address homeland security needs and we feel that this project could reach that point.”

Companies participating in the SVIP are eligible for up to $800,000 in non-dilutive funding over four phases to adapt commercial technologies for homeland security use-cases.

For more information on current and future SVIP solicitations, visit https://www.dhs.gov/science-and-technology/svip or contact dhs-silicon-valley@hq.dhs.gov.



a good read and lots of good news for FACTOM project and community.



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June 23, 2018, 02:25:42 PM
 #9242

̧̂̈̌̈̌++++We are so excited to welcome several new team members: VP of Product Mark Foster, Director of Project Management Joy Majors-Johnson, and DevOps Manager Ian Seyer! ++++

Read about their backgrounds and roles with Factom on our blog:
https://www.factom.com/blog/welcoming-new-team-members



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June 24, 2018, 06:49:06 PM
 #9243

Factom deposits / withdrawals are disabled on Poloniex for a long time now.. what's up ?
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June 25, 2018, 04:52:22 PM
 #9244

I would've never thought that factom would end up having a such a downturn
The same could be said for the other cryptocurrencies. But as investor you should know that sooner or later a new bull market will emerge.

will take time, but for sure we will see new ATH for all good coins/projects .



If in January/December someone would show me the prices of certain cryptos in June I would cringe and maybe poop a little in my pants but I wouldn't be that surprised to be honest. If you have been in crypto for a while this kind of sick nasty volatility is something that comes with it.

It's the opposite feeling of cringing and pooping in my pants that enables me to hold and not worry even after my investment looses so much, like if someone showed me what crypto prices will be in June 2019 vs now, the euphoria and excitement associated could be priceless.

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June 30, 2018, 02:32:58 AM
 #9245

FACTOM's team is particularly active, and the team is injecting new blood.There was a lot of news about the project. It was great.

ORVIUM        Open and Transparent Science Powered By Blockchain        ORVIUM
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June 30, 2018, 11:13:27 AM
 #9246

I am somewhat surprised at the activity of the community in this branch against the background of a general drop in interest in crypto-currencies. The fall of the father - founder, carries a negative load on all other coins.

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June 30, 2018, 09:38:26 PM
 #9247

FACTOM's team is particularly active, and the team is injecting new blood.There was a lot of news about the project. It was great.

true that, lots of new members join the team:)



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July 01, 2018, 05:52:43 AM
 #9248

FACTOM's team is particularly active, and the team is injecting new blood.There was a lot of news about the project. It was great.

true that, lots of new members join the team:)
This is very necessary. Only when fresh blood is added, can it remain active. Waiting for the next bull market to come.

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July 02, 2018, 04:15:53 PM
 #9249

anybody having issues with factom deposits on bittrex? blockchain explorer confirms funds were received to the bittrex account, but funds were never credited.

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July 06, 2018, 06:57:29 PM
 #9250

Some new links, I think you'll like it

Factom Inc., ANO Second Quarter 2018 Review
Factom instrumental in proof of evidence in Chinese legal battle
Sphereon brings Blockchain-anchored Proof of Authenticity to Kofax Capture

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July 06, 2018, 07:20:31 PM
 #9251


It's pretty powerful to see the authority nodes already having an impact on the adoption of the protocol, when many more get on boarded we could really start to see EC usage rise....if their solutions are used of course...the fate of factom really comes down to that simple question: Will existing companies use factom based solutions?
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July 09, 2018, 07:11:24 AM
 #9252

Factom has been created 4 years ago. It has addressed all the issues the blockchain faced before everyone else: stable coin for the final user, savings in energy, scalability, data oriented structure, implemented SegWit even before it was called this name...
It is business and service oriented. If the blockchain has to change the way we do business, the way we live... Factom is likely to be part of it.

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July 11, 2018, 05:12:23 PM
 #9253

People seems to forget about this amazing project...
Is there any news on recent partnership with Factom ? These must be publicize on various social and news media.
We want the system to be use more and more so the whole project gain value.

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July 12, 2018, 12:23:42 AM
 #9254

People seems to forget about this amazing project...
Is there any news on recent partnership with Factom ? These must be publicize on various social and news media.
We want the system to be use more and more so the whole project gain value.

Factom has never really been one for promoting their achievements. It's a shame, in the old days it did not matter much since there was a relatively small group of people trading crypto and not 1000's of projects to keep up with, everyone was more in the know. These days you really need to actively promote to get noticed, hopefully Factom will realise this someday.

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July 12, 2018, 02:31:00 PM
 #9255

People seems to forget about this amazing project...
Is there any news on recent partnership with Factom ? These must be publicize on various social and news media.
We want the system to be use more and more so the whole project gain value.

Factom has never really been one for promoting their achievements. It's a shame, in the old days it did not matter much since there was a relatively small group of people trading crypto and not 1000's of projects to keep up with, everyone was more in the know. These days you really need to actively promote to get noticed, hopefully Factom will realise this someday.

Well said here, factom was once in the top ten in market cap but it was back in like 2015 when big ICOs were not really possible. People have to dig really deep to find factom, I would say most new money that came in 2017 dont have any awareness of factom.
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July 12, 2018, 05:01:44 PM
 #9256

People seems to forget about this amazing project...
Is there any news on recent partnership with Factom ? These must be publicize on various social and news media.
We want the system to be use more and more so the whole project gain value.

Factom has never really been one for promoting their achievements. It's a shame, in the old days it did not matter much since there was a relatively small group of people trading crypto and not 1000's of projects to keep up with, everyone was more in the know. These days you really need to actively promote to get noticed, hopefully Factom will realise this someday.

Well said here, factom was once in the top ten in market cap but it was back in like 2015 when big ICOs were not really possible. People have to dig really deep to find factom, I would say most new money that came in 2017 dont have any awareness of factom.

Factom has been created 4 years ago. It has addressed all the issues the blockchain faced before everyone else: stable coin for the final user, savings in energy, scalability, data oriented structure, implemented SegWit even before it was called this name...
It is business and service oriented. If the blockchain has to change the way we do business, the way we live... Factom is likely to be part of it



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July 12, 2018, 05:33:57 PM
 #9257

Factom is a finalist in Austin Inno's Coolest Companies: https://americaninno.typeform.com/to/xIx4Q8 Please take
a second and vote for Factom! Voting ends July 16.

P.S. Interesting service based on factom https://freefactomizer.com/

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July 13, 2018, 12:58:57 AM
 #9258

See Factom welcoming three new members to the Factom team.It seems that all of them are very good after reading their introduction.The team hoping to inject new blood will bring new development to the project.

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July 15, 2018, 04:57:15 PM
 #9259

Hello everybody. Everyone of course remembers the project, as you can forget. News I think will be in the very near future. I wish success to all.

People seems to forget about this amazing project...
Is there any news on recent partnership with Factom ? These must be publicize on various social and news media.
We want the system to be use more and more so the whole project gain value.

Tra

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July 15, 2018, 05:03:09 PM
 #9260

Factom needs more marketing and real use cases to show adoption into the real world, it's time to move from theory to real practice if they ever want to become mainstream
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