Moscow, Russia, Monday 15th October 2018 – Factom authority node operator De Facto today announced the launch of their Factom Robot, a blockchain proof-of-possession and existence tool.
Factom Robot stores immutable proof-of-possession records into it’s public chain on the Factom blockchain. The tool is the easiest way to create proof-of-possession for intellectual property – all the owner needs to do is send the file to the @FactomRobot on Telegram messenger, and it manages everything.
A valid digital signature is used to prove the authenticity of a record, so it can not be faked by third parties.
Any intellectual property: an article, image, source code, etc – can have its possession and existence proven by the owner sending the file to the Factom Robot, thus storing it on the Factom blockchain. Possession records stored on Factom are public and immutable.
“It’s important that your personal information, such as name or document’s data, is never publicly visible on the blockchain. Instead, we store a digital fingerprint known as a “hash”. The process cannot be reversed, so your documents and personal information are safe from prying eyes.” Said De Facto’s founder Anton Ilzheev.
The Factom Robot launched on Product Hunt on Monday 15th October 2018. Product Hunt is a popular community driven platform showcasing the best new tech products and boasts web traffic of over 3.5million per month.
About De Facto
De Facto is blockchain software developer based in Russia. They integrate the Factom blockchain into existing business processes.
The Factom technology secures data for private and public organizations by publishing encrypted data or a cryptographically unique fingerprint of the data to Factom’s immutable, distributed blockchain. Its M3 Governance roll-out in May 2018 saw 21 elected Authority Node Operators, with an eventual 65, for a fully distributed, autonomous blockchain protocol.