The Factom coin (FCT) is a cryptocurrency based on the Factom protocol that currently exists as a layer on top of the Bitcoin blockchain. The coin can also be placed as a second layer on top of any other blockchain due to its versatile structure. The Factom platform was launched in 2015 as a means of increasing the size of the blocks in the Bitcoin blockchain and facilitating the computing power spent to power the blockchain. The Factom team has managed to incorporate many new features into the blockchain. The current Factom blockchain can store almost unlimited amounts of data and continue to provide the blockchain with its renowned security measures.

Factom is a relatively old blockchain but it has managed to remain a big part of the competitive landscape of the blockchain industry. You can check out the price of the Factom coin online at Coin360.com.


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