Factom announces partnership with Synereo

Announcements | April 21, 2015 By:

On Friday, April 17, Factom announced partnership with Synereo. Synereo will integrate Factom’s time stamped immutable ledger for publishing and verifying digital data.

“Synereo’s social contracts will benefit greatly from Factom, allowing users on the network to establish global reputations of different kinds,” said Synereo CEO Dor Konforty.

Additionally, parties can publish contracts set up through Synereo to Factom, followed by their execution traces, and eventually update their global reputation scores upon the successful completion of the contract.

Factom is an immutable and time stamped data layer for the blockchain. Synereo is a peer-to-peer social networking platform.