Whitepaper - Factom With Cover
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Conclusion<br />
<strong>Factom</strong> is a distributed, autonomous layer residing on top of the Bitcoin blockchain. The goal of<br />
<strong>Factom</strong> is to provide the power of Bitcoin’s blockchain to a nearly unlimited range of<br />
Applications and uses. Further, <strong>Factom</strong> is architected such that its users do not need any<br />
cryptocurrency whatsoever.<br />
A distributed, immutable ledger is the radical, foundational, and unprecedented technology<br />
represented by the Bitcoin blockchain. The dream of many is to extend the honesty inherent to<br />
an immutable ledger validated by math to chaotic, real-world interactions. By allowing the<br />
construction of unbounded ledgers backed by the blockchain, <strong>Factom</strong> extends the benefits of<br />
the blockchain to the real world.<br />
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