To push crypto payments, Factom’s PegNet creates tokens for many currencies

To push crypto payments, Factom’s PegNet creates tokens for many currencies

Factom Protocol executives were on Capitol Hill three years ago with other providers explaining the benefits of the blockchain and cryptocurrency technology for security and payments to the nation’s lawmakers. Now, the Austin-based open-source blockchain provider is launching PegNet tokens to address questions about converting cryptocurrency into more common usable assets.