Cardano VS Factom

Cardano

(ADA)

The cardano blockchain is a cryptocurrency that was designed to make transactions, and the technology behind it, more efficient. Cardano is one of the first cryptocurrencies that uses Haskell (a programming language) for smart contracts. The cardano team also plans to solve many common problems with other cryptos like scalability and interoperability issues.

Factom

(FCT)

Factom is a blockchain-based fact checking and auditing system. It creates an unforgeable chain of custody for digital assets, including money, websites, medical records and other important data. Factom can be used to build software applications such as custom databases, supply chain management systems and financial record keeping systems that are more transparent. The factoid cryptocurrency token allows users to purchase factoids which can then be converted into entry credits for the Factom network. Entry credits allow you to store your data on the Factom network in order to secure it from hackers or maintain its authenticity with third party verification services like Hosho.