Hour 2 -- Paul Snow (Texas Bitcoin Conference; Factom) comes on the show for an update
2016-12-27 Hour 2 Paul Snow from Ernest Hancock on Vimeo.
CEO of Factom, and Chairman of the Texas Bitcoin conference
Currently working within the cryptocurrency world to build new solutions to persistent problems. Organizing Bitcoin meetup groups, forums, and conferences. Founded Factom, a distributed autonomous protocol that adds a general purpose data layer over the Bitcoin Blockchain.
As one of the Founders of the Texas Bitcoin Conference, Paul has taken the lead to organize and chair this annual event in Austin Texas. The Texas Bitcoin Conference brings the technical, commercial, political, and economic interests together in a way that is unique in the cryptocurrency space.
Specialties: Cryptocurrencies like Bitcoin and Ethereum, Crypto-technology like Factom, Community building through conferences and educational events, Decision Table based Rules Engines, Scripting, Compilers, Patents, Embedded systems, custom compilers, XML, Java.
Paul's previous interviews on the Declare Your Independence with Ernest Hancock Radio Show:
We create products that transform the way organizations secure and share their data. Our products safeguard the most critical government, commercial, and non-profit systems.
FACTOM LIVE USAGE
The Factom Foundation's protocol is already in use, and it's growing every day.
PRODUCTS BUILT FOR ENTERPRISE
Real Time Auditing / Process Verification Engine
Factom Apollo™ software was designed to help mitigate the risk of centralized databases. The liability of data is that it can be altered without a record of those changes. It has become clear that database integrity is core to a well-functioning business.
A Factom Apollo™ software integration allows you to continue using business process that work for your organization, while having a clear history of how data has been changed over time.
IoT devices are becoming more embedded within our everyday lives. They are in the cars we drive, the devices we wear, and they secure our modern homes. It is imperative to safeguard them against would-be hackers. Vital personal information and our lives are being trusted to easily spoofed and hacked systems.
True Digital Identity
IoT devices have a particular vulnerability when it comes to establishing Identity. The industry so far is looking at traditional approaches based off of certificate authorities.
The problem with such approaches is that they do not scale, they are expensive, and various errors open up security holes. The improper validation of certificates allow man-in-the-middle attacks. This type of breach happens frequently.
Factom provides mechanisms to create lightweight security based on identity, reputation, origin, and manufacturer. This would be a true digital identity for IoT devices that could not be hacked or spoofed. Using the Factom Iris™ platform for IoT devices would not be limited to a certificate, or another static state, but can be dynamically updated with new information over time. Adding a time dimension to security is a revolution.
Private, permissioned distributed ledgers built custom for enterprise needs
Factom builds private and permissioned blockchains for your enterprise needs. Have the security and immutability of the blockchain with the added privacy and peace of mind of a permissioned database.
The Factom Hera™ application lets you scale your data needs and lower your cost for securing your data and systems. If you have millions of data points that need secured then explore the cost savings of the Factom Hera™ application.
The Factom team digs into your existing systems and pulls the relevant APIs, we set up your private server network and are happy to work closely with your technical team to get the environment up and running.