Cryptocurrency-focused technology company Virtual Crypto Technologies’ (OTCQB: VRCP) NetoBit platform delivers high accuracy and cuts cryptocurrency transaction time by deploying its predictive algorithm. An article further discussing the technology reads: “Virtual Crypto states that NetoBit Trader’s ability to drastically reduce the transaction time is largely due to a “very high accuracy” predictive algorithm that establishes the likelihood of a successful transaction long before it is actually completed. Whereas a typical transaction may take from 10 minutes to 24 hours to complete and close the blockchain module, NetoBit’s system establishes the probability of validation by multiple miners, even as the miner validation process is taking place (http://ccw.fm/Jb1vT). The platform also addresses common liquidity problems by connecting with multiple exchanges, allowing the system to divide a single payment across exchanges and thereby create more of a resource than a single exchange can provide.”
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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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