I’m a big fan of both projects, but definitely more of a fan of Safenet, just due to the incredible potential it has.
I assume, maybe rightly or wrongly, that Safenet will be able to do what Factom does and pretty much all other projects in the crypto space. I am still yet to dig really deep into all the technicals of Safenet, but will try and find time to learn as much as I can over this year.
So just for an example: how would Safenet hash or store a simple document like a birth certificate that can be time stamped and not changed without leaving a trail of them changes. I understand the potential of Safenet to actually store these documents in a decentralised way which makes it hard for anyone to change without getting access to the keys / logins that created it, but will it also have some kind of blockchain system that will leave a history of unchangeable data? I read recently a DAG system will be used, so will this be how such a thing is possible or is it more involved in the datachains side, or maybe both?
Please excuse my ignorance on the subject, and if you have time please educate me.
Thanks in advance
Here are some links:
And here is a video that explains factom being used with storj: