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Factom

Austin, Texas, USA

Ownership: Private
Development stage: Other

Overview

Factom was a blockchain technology company that provided a data integrity protocol designed to secure and verify records. While primarily a technology firm, Factom gained attention in the healthcare sector for its potential to secure electronic medical records (EMRs) and ensure the immutability of clinical data. The company collaborated with organizations like the Bill & Melinda Gates Foundation to explore blockchain-based solutions for medical record-keeping in developing regions. However, Factom, Inc. faced significant financial difficulties and entered into receivership and liquidation in 2020.

Industry: Biomedical IT and Biomedical Data Platforms

Partnerships

Bill & Melinda Gates FoundationU.S. Department of Homeland Security (DHS)

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