Factom Price in India (FCT Price in INR)
Factom is a decentralized storage platform, which works with a secure blockchain. Any organization or company can store their data privately on the blockchain. Factom's innovation is based on the data layer created on the Bitcoin blockchainFactom was made to conquer a portion of the weaknesses of Bitcoin blockchain.
To be sure, the Bitcoin arrange can't bolster an extensive volume of exchanges without an effect on the executives expenses. Factom offers a blockchain that can adjust to a substantial number of activities while offering lower costs. The Factom arrange utilizes its very own tokens, the Factoids (FCT). This cash is utilized as a section charge for organizations to store and secure their archives in the blockchain.
Current Factom price in India
1 FCT = ₹ 639.0
Buy Factom in India
History of Factom price in India
On 1st September, 2017 the initial price of Factom in India was INR 2061.18 and in this month the team factom released their Enterprise wallet with encryption and there was decline in the Factom Price in India and it closed the month September 2017 with FCT to INR 1198.12 on 30 September 2017.
FCT price in INR in September 2017
On 1st September, 2017 the initial price of Factom in India was INR 2061.18 and in this month the team factom released their Enterprise wallet with encryption and there was decline in the Factom Price in India and it closed the month September 2017 with FCT to INR 1198.12 on 30 September 2017.
FCT price in INR in October 2017
On 1st October 2017, FCT to INR was 1158.82 and in this month the team Factom released a new suite of products designed to work with existing imaging or document management solutions so due to this the price of Factom kept on declining and on 30th October, 2017 it reached at FCT to INR 931.14
FCT price in INR in November 2017
On 1st November, 2017 the FCT price in rupees was INR 811.77 and it started moving towards the market trend and finally closed the month November 2017 with FCT to INR 3859.49 on 30 November 2017.
FCT price in INR in December 2017
On 1st december 2017, The price of Factom in India was INR 1505.15 and finally it rose up as high and closed the month December 2017 with FCT to INR 43559.04
FCT price in INR in January 2018
On 1st January, 2018 the FCT price in India was INR 4460.34 and it dipped down and reached at FCT to INR 2430.92 on 31 January 2018.
FCT price in INR in February 2018
FCT price in India on 1st February, 2018 was INR 2472.38 and there was decline in the price and it was trading at FCT to INR 2069.90 on 27 February 2018.
FCT price in INR in Novemeber 2018
FCT price in INR in December 2018
The Factom price is forecasted to reach at FCT to INR 1059.65 in the beginning of December 2018. It is predicted that the maximum FCT price in rupees will be 1792.05 and the minimum price of FCT in India will be 1207.05
About Factom
Factom is the blockchain technology to solve real-world business problems It provides an unalterable record-keeping system. Factom’s distributed ledger technology secures millions of real-time records in the blockchain with a single hash using cryptographic isolation. Factom’s technology decentralizes record keeping by ensuring that the integrity of stored data remains intact, providing complete transparency, while at the same time maintaining user privacy in an increasingly digital world.
The idea for Factom grew in January 2014, while a conversation between Paul Snow (now CEO) and David Johnston (now Chairman of the Board) about how blockchains could support a form of distributed identity.Under six months of conversation it was progressed to the first Github commit, and within the first year both the Factom white paper and Version 0.1 were released.
The first software tokens (Factoids) were sold in March 2015.A major part of Factom’s history has been their partnerships with major institutions, such as the government of Honduras (to secure the land deed record and avoid the problem of fraudulent and incorrect land title claims) and the Department of Homeland Security in the US (for securing Internet of Things devices).
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