CryptoCurrencyWire Announces ATMs May Pave Way as Cryptocurrency Seeks Route to Mainstream Adoption
NEW YORK, Aug. 09, 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 “ATMs Provide Potential Route for Cryptocurrency into the Mainstream,” visit: http://ccw.fm/bpH7c
As with the change of consumer behavior toward card payments, VRCP’s NetoBit platform could well provide a bridge leading to wider use of crypto. The more customers become accustomed to using these currencies, the more they will look for stores that accept this form of payment, creating a natural demand, hastening the mainstream acceptance of cryptocurrencies and their benefits.
Virtual Crypto also removes much of the challenge for companies running these ATMs. NetoBit’s financial management system allows the operation of a large number of points of sale and ATMs, with tools to manage the flow of cash through them.
By meeting the market needs of both customers and businesses, Virtual Crypto’s machines can help overcome the challenge of usability, increase awareness of cryptocurrency and encourage broader adoption.
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
About CryptoCurrencyWire (CCW)
CryptoCurrencyWire (CCW) is a financial news and content distribution syndicate that provides (1) access to a network of wire services via CryptoCurrencyWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.
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