Developers all over the world are looking at various ways to integrate blockchain technology into everyday life. In most cases, this is easier said than done, as everyday consumers are not too keen on Bitcoin technology. However, there seems to be something about BlockNotary that gets people excited, and the recent integration of Factom will only keep the momentum going. Also read: Be prepared for this year’s Bitcoin Black Friday! BlockNotary: Storing Digital Fingerprints of
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Bitcoinist Weekly News Re-Hash: Poloniex Supports Factom, BlockChainGroup.io Revolutionizes Analytics
This week, we saw a significant amount of growth in the Bitcoin price, following several weeks of relatively calm market activity. Starting in the high $230s — carrying on the trend from last week — the price quickly rose to $240 and beyond. Also read: Purse.io Under Attack — User Funds Are Safe And Accounted for Daily Bitcoin Price Action October 5: $238.70 October 6: $240.46 October 7: $246.27 October 8: $244.26 October 9:
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Factom reached a major milestone today, as the Poloniex crypto-currency exchange became the first platform to add a trading pair for Factoids, Factom’s software tokens. It was only a matter of time until one of the digital currency exchanges took the first step towards doing so since Factom’s Beta release. Also read: How Bitcoin is like the Housing Market Factom and Factoids Shift To a Higher Gear Investors have been eagerly awaiting the addition of
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Factom, the startup which believes the use cases of the Bitcoin blockchain extend far beyond financial records and into records of all types, has released an early working version of their concept which currently only runs on the Bitcoin testnet. After a recent deal was struck with Honduras, where land title registry is a long-standing challenge, the company has had a flurry of announcements, including a deal with Coinapult and a successful crowdfunding campaign on
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Factom is a new decentralized protocol working on top of the Bitcoin protocol that solved some of the Bitcoin main Blockchain's flaws.
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A note from the Editor: In recent months, Factom has made a splash in the Bitcoin community. The goal of the Factom project is to create a “scalable data layer for the blockchain.” Essentially, the team wants to create a blockchain-based data management system that streamlines and simplifies businesses’ record-keeping systems. Factom has displayed the potential of their project through a proof of concept project that stored the entirity of Project Gutenberg on only four hashes of
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Factom is a data layer for the blockchain that allows users to permanently secure documents and even whole business processes. The Factom technology is especially compelling for those who want to build trust with users by providing complete transparency and real-time auditability of their systems, while at the same time maintaining user privacy.