Virtual Crypto Technologies Inc. (VRCP) Leads Breakthrough in Cryptocurrency ATMs, Enabling Rapid Crypto-to-Cash Transactions

June 1, 2018 12:29:23
  • ‘Very high accuracy’ platform cuts cryptocurrency/virtual coin transaction time by deploying predictive algorithm
  • Product rollout benefitting distribution MOU in Turkey and Cyprus, with Nigeria option
  • Market for cryptocurrency-enabled ATMs expected to have CAGR of 45.8 percent through 2025

The growth of blockchain-enabled currencies worldwide as a way to complete financial transactions with fewer regulatory hurdles than those imposed by traditional banking solutions exemplifies a modern-day movement to empower people monetarily, but the fintech industry has its own set of challenges. In response to the transaction time delays inherent in the need to secure a cryptocurrency agreement, Virtual Crypto Technologies Inc. (OTCQB: VRCP) has rolled out a proprietary algorithmic platform that dramatically speeds up the verification process, which in turn allows parties to negotiate trades at real-time rates without concerns that the rate will become much more unfavorable by the time the transaction is concluded.

Virtual Crypto Technologies Inc., through wholly owned Israeli subsidiary Virtual Crypto Technologies Ltd., develops products that make cryptocurrencies accessible to the public through…

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