NetworkNewsAudio Announces Audio Press Release (APR) on Virtual Crypto Technologies Inc. Shines in Market Ripe with Opportunity

June 18, 2018 9:00 AM EDT | Source: NetworkNewsWire

New York, New York--(Newsfile Corp. - June 18, 2018) - NetworkNewsAudio announces the Audio Press Release (APR) titled "Crypto Companies Prepare for Inevitable Regulation that Could Be the Sector's Biggest Boon Yet," featuring Virtual Crypto Technologies Inc. (OTCQB: VRCP).

To hear the NetworkNewsAudio version, visit: http://nnw.fm/Sw6AJ

To read the original editorial, visit: http://nnw.fm/3vaED

Regardless of the future of the regulatory landscape, adaptability will most likely be paramount for ATMs and exchanges when it comes to defining KYC (Know Your Customer- customer identification) rules as. This is where Virtual Crypto Technologies (VRCP) shines, having shrewdly anticipated how crucial adaptability is as the industry learns to embrace regulations such as Europe's sweeping new General Data Protection Regulation (GDPR), designed to protect consumer's privacy and prevent fraud. VRCP boasts such vital technologies as NetoBit, a cryptographically secure and proprietary transaction validation algorithm engineered to provide real-time values for any cryptocurrency at the time of purchase and sale. NetoBit can predict, with a high degree of accuracy, if a cryptocurrency transaction will be approved immediately by a blockchain at the moment of the transaction, before the block is digitally signed. This can slash the typical transaction time, which can take anywhere from 10 minutes up to 24 hours, down to mere seconds.

NetoBit ATM is a strong showing for a second product by VRCP. The company's first product was a retail point-of-sale device called NetoBit Pay, which enables businesses worldwide to receive secure, real-time payments in bitcoin. NetoBit Pay also demonstrates the platform's ability to protect operators/business/merchants against factors such as exchange rate volatility. Furthermore, because all NetoBit Pay trades and exchanges are insured up to $3,000 each, the kind of user friendliness that has driven the virtual/crypto boom thus far is taken to a whole new level, where ease of use meets consumer confidence.

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 NetworkNewsAudio

NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) is another NetworkNewsWire (NNW) Solution that can assist your company by cutting through the overload of information in today's market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.

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About NetworkNewsWire

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Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

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