Cryptocurrency-focused technology company Virtual Crypto Technologies Inc. (OTCQB: VRCP) this morning announced its entry into an agreement to provide cryptocurrency acceptance services to Lincoln Billiards, the largest chain of billiard clubs in Israel. Per the terms of the agreement, Virtual Crypto will first establish a pilot program at one of Lincoln Billiards’ six locations, with this initial installation allowing the two companies to determine the optimal way to customize and implement the Virtual Crypto platform across all of the Lincoln Billiards locations. “This is an important milestone for the Company,” Alon Dayan, CEO of Virtual Crypto, stated in the news release. “To date, we have been working primarily with cryptocurrency service providers and industry insiders, but this is our first foray into the commercial sector. Lincoln Billiards is a very popular venue across Israel, and this agreement gives us direct contact with a receptive, tech-savvy consumer group. We look forward to introducing them to the benefits of cryptocurrency.”
To view the full press release, visit http://ibn.fm/qbLYM
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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