Factom is an amazing idea that very seriously gets me excited to even begin considering for it’s unique approach to the blockchain. We’ve seen plenty of coins, but now excitingly, different applications are coming into existence. Where we saw Ethereum thrive in targeting issues such as two way verification, which has resounding implications for solving issues like secure contracts or sending money, Factom thrives in targeting the way that conglomerates handle data by providing an unalterable records system. Factom is essentially a trustless ledger technology that protects and decentralizes information with a strong focus on maintaining user anonymity. Governments, businesses and even schools can store different forms of data safely with no fear of alteration or loss through use of Factom.
Factom is only bound to become worth more since it is used for businesses, and the more businesses there are that use Factom, the more Factom will be worth! This coin is unique in a way that it does not allow the blockchain history to become altered or changed in any way. So people can store and trust the information easily and without worry. Who knows it may be up there with Etherium and Bitcoin soon, in fact very likely.