NEW YORK, June 15, 2018 (GLOBE NEWSWIRE) — via CryptoCurrencyWire — CryptoCurrencyWire (“CCW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Virtual Crypto Technologies Inc. (OTCQB:VRCP), a technology company dedicated to making cryptocurrencies accessible to the public, specifically by creating payment solutions for businesses and consumers which combine application programming interfaces and mobile applications for implementation across ATMs, PCs, tablets and other mobile devices.
To view the full publication, titled “Crypto Companies Prepare for Inevitable Regulation that Could Be the Sector’s Biggest Boon Yet,” visit: http://ccw.fm/A7erw
This is where Virtual Crypto Technologies (VRCP) shines, having shrewdly anticipated how crucial adaptability is as the industry learns to embrace regulations such as Europe’s sweeping new General Data Protection Regulation (GDPR), designed to protect consumer’s privacy and prevent fraud. VRCP boasts such vital technologies as NetoBit, a cryptographically secure and proprietary transaction validation algorithm engineered to provide real-time values for any cryptocurrency at the time of purchase and sale. NetoBit can predict, with a high degree of accuracy, if a cryptocurrency transaction will be approved immediately by a blockchain at the moment of the transaction, before the block is digitally signed. This can slash the typical transaction time, which can take anywhere from 10 minutes up to 24 hours, down to mere seconds.
NetoBit software and hardware has wide-ranging implications for the industry, spanning multiple applications and device types ranging from ATMs to PCs and mobiles/tablets. The company recently launched its innovative bi-directional NetoBit ATM at the TechCrunch event in Tel Aviv. This debut marks a significant watershed moment for the industry and stands in stark contrast to most other ATMs in existence today because the VRCP machine allows users to instantly buy and sell bitcoins in exchange for their fiat currencies. As the world’s first and only ATM that permits such real-time conversion, the NetoBit ATM is also living proof of VRCP’s underlying AI and machine-learning enhanced technology, which can also perform sophisticated Big Data, multiplatform and predictive analytics tasks.
About Virtual Crypto Technologies Inc.
Virtual Crypto Technologies Inc., through its wholly owned Israeli subsidiary Virtual Crypto Technologies Ltd., has developed the NetoBitTrader, a proprietary, cryptographic algorithmic technology that it is able to confirm in real-time the purchase or sale of virtually any cryptocurrency. Virtual Crypto’s NetoBit products dramatically improve the cryptocurrency trading experience with faster execution and lower costs. Setting a new time-to-transaction standard, trading in seconds rather the industry norm of 20 minutes, allows NetoBit customers to enjoy the best crypto-exchange rate at the point of transaction. The company is marketing its NetoBit Trader software and hardware products for the purchase and sale of cryptocurrencies through ATMs, tablets, PCs and mobile devices. Virtual Crypto Technologies further believes that the ability to immediately confirm cryptocurrency transactions in real-time provides a significant competitive advantage in making the purchase and sale of cryptocurrencies user friendly. For more information, visit the company’s website at www.Virtual-Crypto.com
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