Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The Factom Protocol serves as a data integrity solution employed by both the U.S. Department of Homeland Security and the Bill and Melinda Gates Foundation. This protocol is designed for seamless integration with existing legacy systems, eliminating the necessity to manage cryptocurrency transactions. With its dual-token system, Factom allows for the one-way conversion of its volatile native token into a fixed-value Entry Credit that facilitates data entry onto the protocol. As a result, organizations, including governmental bodies and businesses, can leverage a public blockchain without the complexities associated with handling cryptocurrencies that fluctuate in value. By utilizing Factom's robust data architecture, users can effortlessly develop powerful protocols, auditing technologies, and decentralized applications (DApps) that are focused on ensuring data security and integrity. This innovative approach not only streamlines data management but also enhances transparency and trust in the processes involved.
Description
Utilizing a highly unstable native cryptocurrency can significantly impede business operations; however, YOSEMITE addresses this issue by implementing tokens that are linked to government-sanctioned fiat currencies. Moreover, YOSEMITE employs a distinctive Proof-of-Transaction consensus mechanism, which restricts block creation and rewards to only those who directly contribute to the blockchain, effectively tackling the core challenges associated with Proof-of-Work and Proof-of-Stake consensus methods while ensuring a fair and efficient system. This innovative approach enables both governments and enterprises worldwide to leverage the benefits of blockchain technology and implement sustainable practices. Additionally, the YOSEMITE blockchain introduces a novel YOSEMITE Standard Token framework, allowing every created account to mint these tokens and perform standard operations natively supported by the blockchain's core architecture. It is also important to note that the blockchain's core system guarantees and enforces interoperability among the various tokens operating within the YOSEMITE ecosystem, thereby fostering a cohesive and versatile environment for users.
API Access
Has API
No
API Access
Has API
No
Integrations
Ethereum
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Factom
Founded
2014
Website
www.factomprotocol.org
Vendor Details
Company Name
Yosemitex
Country
United States
Website
yosemitex.com
Product Features
Product Features
Payment Processing
ACH Check Transactions
No
Bitcoin Compatible
No
Debit Card Support
No
Gift Card Management
No
Mobile Payments
No
Online Payments
No
POS Transactions
No
Receipt Printing
No
Recurring Billing
No
Signature Capture
No