- Virtual
Crypto Technologies building a name with ATMs that deal in bi-directional
crypto exchanges
- NetoBit
platform for ATMs allows rapid verification through predictive application
available on Android and iOS
- NetoBit’s
flexibility extends to ability to divide transactions between multiple
exchanges
Virtual Crypto Technologies Inc. (OTCQB: VRCP) is making it
easier for people to finance their needs through virtually deregulated but
still-confident peer-to-peer money networks that allow the rapid exchange of
bitcoin and cash on a bi-directional ATM platform. The technology company is
dedicated to making fintech use by consumers and businesses an efficient,
accurate, reliable and virtually instantaneous process utilizing unique
algorithms and artificial intelligence technologies on a variety of digital
devices.
Virtual Crypto’s NetoBit ATM enables consumers to withdraw
cash from their bitcoin accounts and to transfer funds to the accounts without
the need for banking institution hurdles and their fees. New press materials,
titled “Cryptocurrency and Blockchain Innovators Poised to Reap Rewards as
Fintech Reshapes How Money Is Used” (audio: http://ibn.fm/qC3QQ; text: http://ibn.fm/vagLE), highlight
how the company is helping to rapidly transform the financial industry by
reshaping how money is used at the most basic level.
As the number of ATMs grows, the NetoBit system is becoming
a handy way for a mobile society to retain liquidity, and it uniquely offers
users the best bang for their buck by comparing the best expected trade
outcomes on multiple cryptocurrency exchanges — even if that means dividing a
single transaction between multiple exchanges in order to accomplish things.
Bitcoin (Crypto: BTC) and altcoin ATMs are proliferating
across North America, with more than 73 percent of the nearly 3,500 reported
ATMs worldwide located on the continent (http://ibn.fm/ifST3). That creates more fluid economic
opportunities in the Americas, however about two-thirds of those ATMS are
“one-way ATMs” that only allow purchases of crypto funds. Virtual Crypto’s
platform is among those machine processes that take economic freedom to the
next level.
The company’s currency exchange transaction validation
(CETV) protocols enable customers to complete cash or fintech coin fund
transfers in a matter of minutes, as opposed to the still-cumbersome mining
computations that most bitcoin ATMs must wait on to validate the transaction.
The CETV’s proprietary API-driven Bit4Sure transaction confirmation solution
drastically reduces the 20-minute to 24-hour delay by establishing the
probability of a transaction being confirmed by multiple miners even while the
verification is taking place, effectively allowing users to confirm a
transaction transparently before the blockchain process is completed, and it
uses a readily available app that works with Android and iOS to do so (http://ibn.fm/ltumd).
Virtual Crypto is also expanding its horizons by working
with other companies that might ultimately serve as clients for its technology.
In January, the Delaware company inked an MOU with Israel-based oil refinery
relocater Chiron Refineries Ltd. (TASE: CHR), creating a wholly owned
subsidiary named Virtual Crypto Technologies Ltd. that will grant Chiron
exclusive rights to market the NetoBit technology to casino cashiers, ATM
operators, currency exchange offices and coffee shops in the territories of
North Cyprus and Turkey (http://ibn.fm/aMeWi).
Virtual Crypto is also taking aim at the extensive cryptocurrency usage that
takes place within the online video game market, anticipating the possibility
of providing services under that industry’s umbrella.
For more information, visit the company’s website at www.Virtual-Crypto.com
About QualityStocks
QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential. We offer several ways for investors to learn more
about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment