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Factom strives to become a data and record keeping layer of Bitcoin. The project has received ample attention the world over, as the startup has even partnered with the Honduras government to work on a land title initiative and with USAA as an informal consultant. The startup released the genesis block of its protocol a few weeks ago. The data on Factom is kept off block chain, and the protocol features its own distributed public data layer. Every ten minutes, Factom compiles the data in a merkle tree anchor and publishes it into the Bitcoin block chain. When you think […]
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