Tuesday, July 31, 2018

Virtual Crypto Technologies Inc. (VRCP) Leads the Way toward Widespread Cryptocurrency Adoption as US Regulatory Sentiment Shifts

  • Virtual Crypto’s solutions enable real-time confirmation of cryptocurrency transactions
  • Company’s NetoBit ATM is the world’s first ATM to enable real-time bitcoin conversion, purchase and sale
  • Virtual Crypto’s mission is to make instant, secure and user-friendly cryptocurrency financial services available to everyone
Regulatory sentiment in the United States seems to be shifting favorably toward cryptocurrencies – news that is very welcome for companies like Virtual Crypto Technologies Inc. (OTCQB: VRCP).
Virtual Crypto is a technology company focused on making cryptocurrencies accessible to the public, doing so through the creation of instant, secure, user-friendly payment solutions for businesses and consumers that combine APIs and mobile applications for implementation across ATMs, PCs, tablets and other mobile devices. The company operates with a vision that bitcoin and other cryptocurrencies will become accessible to the general public – an idea that seems much closer to becoming a reality in light of recent happenings (http://nnw.fm/28Qoy).
Just last week, the U.S. Securities and Exchange Commission (SEC) was accepting public comment regarding a bitcoin exchange-traded fund (ETF) that was been proposed by the Chicago Board Options Exchange (CBOE). Public support thus far has been overwhelmingly in favor of a bitcoin ETF, despite hesitance from the SEC. MasterCard has also announced its intention to permit blockchain currency transactions via traditional payment channels. Exciting developments like these further validate Virtual Crypto’s vision of publicly accessible cryptocurrencies and the widespread use of virtual coins as a payment method.
Virtual Crypto is well-positioned to capitalize on such an eventuality, offering a variety of solutions designed to make crypto transactions accessible and user-friendly.
Through Virtual Crypto Technologies Ltd., the company’s wholly owned subsidiary, Virtual Crypto has developed NetoBit, a proprietary cryptographic algorithmic technology that can confirm the purchase or sale of any cryptocurrency in real time. This real-time confirmation ability gives Virtual Crypto a clear competitive edge when it comes to making cryptocurrency transactions user-friendly.
NetoBit software and hardware products are being marketed for the purchase and sale of cryptocurrencies through ATMs, tablets, PCs and mobile devices. Virtual Crypto’s suite of NetoBit products includes NetoBit Pay and NetoBit ATM, which is the world’s first ATM to enable real-time bitcoin conversion, purchase and sale.
NetoBit ATM, which was launched in June 2018, is a state-of-the-art automated teller machine that is unlike any other bitcoin ATM platform on the market. While most bitcoin ATMs only allow users to purchase bitcoin, NetoBit ATM is a bidirectional platform that allows users to both purchase and sell bitcoin (http://nnw.fm/x3YcI). The device supports most common currencies and is available for purchase throughout the world. Because NetoBit ATM facilitates trading between fiat currencies and cryptocurrencies, Virtual Crypto views it as a crucial gateway to facilitating the growth and mainstreaming of digital currency.
Through its innovations, Virtual Crypto is additionally eradicating the problem of restrictive exclusivity faced by cryptocurrency users. Most cryptocurrency trade providers only allow users to interact with one exchange agency, effectively binding the customer to the exchange rate that a particular agency offers. Virtual Crypto, however, makes it possible for customers to simultaneously work with several crypto exchanges when transacting, enabling users to receive the best crypto exchange rates available at the time of their transactions. Common liquidity problems are also resolved, as Virtual Crypto’s system is able to divide a single payment across multiple exchanges, enabling the purchase of more than just a single exchange can facilitate.
As the mainstream adoption of cryptocurrencies moves closer toward becoming a reality, Virtual Crypto is poised to lead the way with innovations and solutions designed to make crypto transactions easily accessible to the masses.
For more information, visit the company’s website at www.Virtual-Crypto.com
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