What does the Chicago Mercantile Exchange have to do with cryptocurrencies or ICO’s like SilentNotary?

Well the CME as it is better known as the worlds biggest exchange dealing in derivatives like corn and wheat futures. They also do a lot in financial assets like stocks and bond futures. In other words, anytime the CME gets involved in a commodity, it has to be sizable, or have the potential of becoming the next big thing.

Last week the CME announced it would launch a futures contract for Bitcoin before the end of next month. This of course gave speculators yet another reason to bit up the Bitcoin price. The CME move means more demand for Bitcoin and that translates into higher prices.

If this initial move works out, you can be sure the CME will follow with a futures contract for Ethereum and others as well. The global significance of the Bitcoin futures announcement signals major progress in cryptocurrencies becoming legitimacy.

The three steps to this happening include public awareness, user trail and final acceptance as a decentralized system for payments. Thanks to Bitcoin and the CME, public awareness has never been higher.

At more than $7000 per Bitcoin, JP Morgan Chase Chairman Jamie Dimon may be right that people who pay this price are stupid, but he is clearly in the minority.

Deny No Longer: The Tide Is Rising

As recently as September, major news organizations had been quoting the CME as denying any interest in moving forward with a Bitcoin futures contract. On Tuesday, CMP President Bryan Durkin said “Given increasing client in the evolving cryptocurrency markets, we have decided to introduce a Bitcoin futures contract”

What is good for Bitcoin is good for the entire universe of alternative currencies. This includes the innovative new ways of raising capital though Initial Coin Offerings.

If you haven’t already done so, it is time to get up to speed. Even if you have been doing your homework, things are changing so fast you need all the help available.

Who Are We

SilentNotary is the world’s first digital notary that saves and certifies documents, emails, images, chats, audio- and video recordings while securing authenticity using blockchain technology. We intend to use our early mover advantage to establish a dominant brand. You can follow our progress on our website www.SilentNotary.com or everywhere on social media.

The Enormous Markets We Serve

The market potential of SilentNotary is global. Everywhere where trust and verification is required, we have a customer. Think Business to Business markets like Insurance, Artists, Contractors and Blockchain Land Registrations for governments and cities. In the Business to Consumer market we address 2.32 Billion Smart Phone users. Everything is streamlined with our extensive use of mobile apps and chatbots.

James Waggoner, SilentNotary PR & Communication

www.silentnotary.com