Texas-based Factom, Inc., a blockchain technology company that secures data, said on Wednesday it has raised $4.2 million in financing from a slew of global investors led by billionaire investor Tim Draper. Blockchain technology powers the digital currency bitcoin and enables data-sharing across a network of individual computers. It has gained worldwide popularity due to its perceived usefulness in recording and keeping track of assets across practically all industries. Factom Apollo and Factom Iris are products built on the company’s open source. They have developed ways to use the blockchain to keep records and identities more secure. “Blockchains …
Billionaire investor Draper leads $4.2 million funding in U.S. blockchain start-up
More of Today's Solutions
The Great Bubble Barrier: bubble curtains are intercepting 86 percent of rive...
BY THE OPTIMIST DAILY EDITORIAL TEAM Rivers are how plastic gets to the ocean. Stop it there, and you stop it for good. The ...
Read MoreIndia connects 124 million rural homes to tap water
BY THE OPTIMIST DAILY EDITORIAL TEAM Six years ago, fewer than one in six rural homes in India had a tap water connection. As ...
Read MoreThe biodegradable, self-cleaning fabric made from living caterpillar fungus
BY THE OPTIMIST DAILY EDITORIAL TEAM The sustainable fashion industry has spent years trying to reduce harm: less water, fewer synthetic chemicals, more recycled ...
Read More7 plants with super air-purifying powers
Houseplants are all great natural indoor air purifiers, but some are especially effective for improving indoor air quality. Here are seven houseplant varieties that ...
Read More
