That Was The Week That Was In Crypto
The world of cryptocurrencies is moving rapidly. It is hard to keep track of the increasing mass of information coming our way. With this in mind we thought it made sense to create a weekly summary of some of the important crypto events. We’re calling it, That Was The Week That Was In Crypto. Our first edition last week received some interesting ideas so thanks to everyone. We like that so please keep it coming at us with your thoughts and suggestions. Send them to me james@SilentNotary.com.
Bitcoin Soars Over 40% This Week
We try to avoid the obvious but how can anyone ignore a 45% price appreciation in a single week. The fact that the CBOe will begin futures trading in Bitcoin imminently has added frenzy to speculation that is unheard of since the Internet bubble of 2000.
SilentNotary Signs Important Agreements
On December 6th, Company cofounders Max Breus and Aleksey Petrov announced the signing of two key agreements with the Naro-Fominsk district of Moscow. SilentNotary technology will be used in a state land inspection to certify land-use development and in control over burial cites.
Naro-Fominsk is the first of many districts within the approximately 12 million population of Moscow to adopt SilentNotary technology. So there are numerous B-2-G opportunities ahead. The SilentNotary team is on the move. The Naro-Fominsk agreements came about from a group effort of the company’s 14 member diverse team of developers, designers, marketing, finance and legal experts.
First Ethereum-Denominated Bond
In the meantime, the world’s first Ethereum-denominated bond was announced by a UK startup firm named Nivaura. What separates Nivaura from just any other startup is their partnership with global banking giant JP Morgan and Moody’s. The UK’s Financial Conduct Authority (FCA) has given their approval. This further underscores the number of government institutions getting behind cryptocurrencies beyond Bitcoin.
An Ethereum Blockchain Breakthrough
What happens when a SilentNotary token holder has a claim to be verified against a different token (e.g. XYZ.com)? This week developer, Joel Torstensson proposed a breakthrough solution: the Ethereum Claim Registry (ECR).
Thorstensson’s solution: “allows people, smart contracts and machines to issue claims about each other, as well as self issued claims.” The purpose of the registry is to provide a central clearing house for all on-chain claims on Ethereum.
The Ethereum Claim Registry is a big boost for SilentNotary. The existence of an ECR would dramatically open the payment options in the emerging legaltech sector. This is where SilentNotary’s Lightstamp patent pending technology separates them from the pack.
SilentNotary Announces Holiday Sale
In the spirit of the holidays, SilentNotary is holding a Christmas and New Year Sale from December 13th until the 27th. Registered participants will receive a one-time discount of 24%. This offer is only good during the limited time so be sure to get registered now. We look forward to sharing the holiday spirit with you.
More About Us
SilentNotary is a digital notary that saves and certifies documents, emails, chats, audio and video recordings. Document and transactional authenticity is verified and secured using Ethereum blockchain technology. To this SilentNotary’s development team has created patent pending Lightstamp technology.
SilentNotary is the world’s blockchain notary and intends to use it first mover advantage to address one of today’s major problems. Data is easily falsified or misrepresented resulting in conflicts, damage and massive financial loss.
SilentNotary is the only digital notary to offer a complete array of serviced including B-2-B, B-2-C, B-2-G and IoT using a full array on user interfaces: chatbots, email, audio and video recordings. All user information is securely stored in the Notary Vault and accessible whenever needed.
Wherever in the world there is a need for trust and verification, SilentNotary has a customer. This includes more than 60,000 companies connected to over 2.3 billion mobile users.
James Waggoner
