NEW YORK, July 26, 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 “Acid Test for Cryptos and Blockchain Tech Increasingly about ‘Spendability’ and Usability,” visit: http://ccw.fm/lZlH5
Many ICOs today fail to actually meet the criteria required to be considered viable long-term contenders by many analysts. These offerings are stuck in the idea phase with what amounts to a cool concept and vision but no functional proofs to move to the next level. Hence the increasing prominence of spendability (and practical usability for technologies) as a hallmark of legitimacy, because this single factor is typically one of the strongest indications that a company can truly transform an idea into reality. This is where advanced point-of-sale (POS) technologies such as those being developed by Virtual Crypto Technologies (OTCQB:RCP), which can allow any crypto to become spendable, stand to make a significant difference.
Real-time transaction verification by VRCP’s proprietary validation algorithm, based on state-of-the-art blockchain technology that helps set an industry standard of mere seconds for completion instead of the minutes or hours traditionally required, continues to make the company’s over-the-counter NetoBit ATM solution a game changer for both operators and consumers. This kind of reliable ease of use is the sort of innovation it will likely take to make crypto user friendly enough for the mainstream and more readily perceived by both consumers and retailers as a desirable form of money. The platform’s ability to utilize any cryptocurrency and provide real-time price and transaction validation offers sector players a means of directly contacting end users, building up a reputation and validating their presence as a legitimate entity to both indexes and ratings agencies.
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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