Exclusive Interview With Factom CEO Peter Kirby
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 the blockchain. Bitcoinist’s Sergio Schout was able to interview Peter Kirby, President and CEO of Factom, and....
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Founded by Paul Snow and Peter Kirby, Factom is a 2.0 solution built on top of the Bitcoin blockchain. By distilling data to single hash and inserting it into the blockchain via a transaction, Factom allows the verification of any kind of record or information. NewsBTC's Andrew Wagner managed to get a hold of Peter Kirby to ask him a few questions about what's going on with their new technology, and its likely future. Andrew Wagner: first, tell us a bit about your background. How did you come to be doing Factom? Peter Kirby: I'm a long time entrepreneur and have been in sales/marketing for....
Peter Kirby, CEO of Factom, posted a small blog update a few hours ago regarding the Honduras Title Project. In this post, it was mentioned how certain misconceptions regarding the project needed to be cleared up, such as the stalling of the project itself. Even though the team remains optimistic the deal with the Honduran government will come to fruition, it will not take place this year. As we mentioned in yesterday’s article, there were some incorrect statements circulating on the Internet regarding the current status of the Honduras Title Project and Factom. Certain factors regarding....
Factom to have a working product by end of year. Revealed on October 27, Factom hopes to have a working product with API calls by the end of the year. Factom blocks and chains are already operational and running. Peter Kirby, Factom President, was interviewed by Rob Mitchell on The Bitcoin Game Episode #2 where Kirby talks about Factom, its progress, and timeline. “Factom is a protocol on top of blockchain which gives us the ability to make faster, more cost effective, and bloat-free transactions,” says Kirby. It solves three problems with Bitcoin — confirmation times are slow, making....
Factom has announced it will launch its forthcoming crowdsale on 31st March at 15:00 UTC. Billed as a "software sale", the event will allow consumers to exchange bitcoins for Factom tokens that will be available upon the blockchain-based recordkeeping network's beta release. Factom president Peter Kirby indicated that final launch date was set after his company met key objectives, including a certain threshold of confidence in its beta version as well as the finalization of milestones with decentralized application crowdfunding platform Koinify. Speaking to CoinDesk, Kirby spoke about the....
Blockchain startup Factom has raised $4.2m in new funding to build a series of unnamed new products for its blockchain data network. The Austin, Texas-based company that lets users verify data using its Factom blockchain, fresh off winning a $200,000 grant from the US Department of Homeland Securities, now plans to scale with a series of hires to be announced over the coming months. Factom co-founder and CEO Peter Kirby said the Series A round, led by venture capitalist Tim Draper, will also be used to further develop its core technology and suite of products. Kirby told CoinDesk: "We....