{"id":12905,"date":"2014-11-19T20:38:32","date_gmt":"2014-11-20T04:38:32","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/?p=12905"},"modified":"2015-04-18T01:42:29","modified_gmt":"2015-04-18T08:42:29","slug":"bitcoin-cryptocurrency-and-blockchain-technology-factom","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2014\/11\/bitcoin-cryptocurrency-and-blockchain-technology-factom","title":{"rendered":"BitCoin, Cryptocurrency, and Blockchain Technology \u2014 FACTOM"},"content":{"rendered":"<p>Quoted: \u201cThe Factom team suggested that its proposal could be leveraged to execute some of the crypto 2.0 functionalities that are beginning to take shape on the market today. These include creating trustless audit chains, property title chains, record keeping for sensitive personal, medical and corporate materials, and public accountability mechanisms.<\/p>\n<p>During the AMA, the Factom president was asked how the technology could be leveraged to shape the average person\u2019s daily life.\u201d<\/p>\n<p>Kirby responded:<\/p>\n<blockquote><p>\u201cFactom creates permanent records that can\u2019t be changed later. In a Factom world, there\u2019s no more robo-signing scandals. In a Factom world, there are no more missing voting records. In a Factom world, you know where every dollar of government money was spent. Basically, the whole world is made up of record keeping and, as a consumer, you\u2019re at the mercy of the fragmented systems that run these records.\u201d<\/p>\n<p style=\"text-align: left\">\u00bb Read the article here \u00bb <a title=\"Factom Article\" href=\"http:\/\/www.coindesk.com\/factom-white-paper-outlines-record-keeping-layer-bitcoin\/\"><a href=\"http:\/\/www.coindesk.com\/factom-white-paper-outlines-record-keeping-layer-bitcoin\/\">http:\/\/www.coindesk.com\/factom-white-paper-outlines-record-k\u2026r-bitcoin\/<\/a><\/a><\/p>\n<p style=\"text-align: left\">\u00bb Visit Factom here \u00bb <a title=\"Factom Website\" href=\"http:\/\/www.factom.org\/\"><a href=\"http:\/\/www.factom.org\/\">http:\/\/www.factom.org\/<\/a><\/a><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Quoted: \u201cThe Factom team suggested that its proposal could be leveraged to execute some of the crypto 2.0 functionalities that are beginning to take shape on the market today. These include creating trustless audit chains, property title chains, record keeping for sensitive personal, medical and corporate materials, and public accountability mechanisms. During the AMA, the [\u2026]<\/p>\n","protected":false},"author":342,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1470,1502,11,1318,43,40,1523,1528,39,32,1625,38,1507,30,45,20,5,77,41,1496,1635,13,31,224,1492,1629,44,410],"tags":[],"class_list":["post-12905","post","type-post","status-publish","format-standard","hentry","category-automation","category-big-data","category-biotech-medical","category-bitcoin","category-business","category-complex-systems","category-computing","category-disruptive-technology","category-economics","category-education","category-encryption","category-engineering","category-environmental","category-ethics","category-finance","category-futurism","category-geopolitics","category-hacking","category-information-science","category-law","category-materials","category-open-access","category-policy","category-science","category-security","category-software","category-supercomputing","category-transparency"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/12905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/342"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=12905"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/12905\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=12905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=12905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=12905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}