Factom FCT to Wirex Token WXT Exchange

Crypto Pair Details: FCT to WXT

Factom FCT

Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system. By creating a data layer on top of the Bitcoin blockchain, Factom’s distributed ledger technology secures millions of real-time records in the blockchain with a single hash using cryptographic isolation. Businesses and governments alike can use Factom to document their information so that it cannot be modified, deleted or backdated. 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 Factom project began in 2014 which puts it on the older end of the blockchain spectrum. The team has made steady progress since then. They released the first version of Factom in early 2015 and had their token sale in the middle of that year. In August of 2015, they were accepted into the Plug and Play FinTech accelerator and were chosen as one of Austin’s A-List start-ups in May 2016. Based out of Austin, TX, the core team has multiple members with several years of experience in the blockchain space. Peter Kirby, Factom Co-founder and CEO, and Abhi Dobhal, VP Product Management, previously worked together at CoinTerra, Inc – a producer of ASIC miners for Bitcoin. The price of a Factoid is directly tied to the amount of network usage. As more businesses join the network, it will become more costly to submit Entries which will, in turn, affect the Factoid price. Once the number of Factoids being burned outpaces the 73,000 that are created each month, the currency will become deflationary. This may drive the price up even further.

Wirex Token WXT

Wirex token (WXT), a brand-new native cryptocurrency from the payment platform of the future. Enjoy heavily-reduced fees, exclusive merchant offers, super-charged rewards and more! WXT is a universal fee and reward unit designed to help customers save on fees and access unique rewards: Up to 100% discount on fees, including: exchange fees, bank transfer fees, withdrawal fees, credit/debit card top-up fees, monthly management fees, ATM fees and SWIFT charges** Enhanced Cryptoback‌™: up to 1.5% in WXT every time you use your Wirex Visa card in-store.** Super-charged rewards, including: - Free access to Wirex Premium - Free Wirex Premium card - Exclusive merchant offers - Airport lounge access - Travel insurance

SOURCE: COINGECKO

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