Virtual Crypto Technologies Inc. (VRCP) Speeds Up Bitcoin eCommerce Transactions

Cryptocurrencies gain in acceptance, but… High transaction fees and lengthy processing times delay implementation Bit4Sure cuts bitcoin transaction times

Now that some marquee names – Microsoft, Expedia, Overstock – have begun accepting bitcoin, it looks as if cryptocurrencies have entered the mainstream of commerce. Notice from Japanese retailer Rakuten appears to confirm that. The ecommerce giant, which has been called Japan’s Amazon, has announced plans to launch its own “Rakuten Coin” in the near future (http://nnw.fm/PFm8e). Not so fast, however. Ironically, Satoshi Nakamoto’s peer-to-peer payment system, which held out the promise of no intermediaries charging transaction costs, is plagued by high transaction costs. Other frictions also exist, one of which is tardy speed of execution. Nevertheless, getting bitcoin payments up to speed may be just around the corner.

Virtual Crypto Technologies Inc. (OTCQB: VRCP) has launched Bit4Sure, a proprietary cryptocurrency transaction confirmation solution. Virtual Crypto Technologies is a technology company dedicated to making cryptocurrencies accessible to the public…

Read More>>

More from NetworkNewsWire

Blockchain Offers Diverse Possibilities for Expanding Markets First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Strengthens Position as Top North American Cobalt Exploration Company QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Announces High-Grade Assays at Irgon Mine

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire 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 NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW 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, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

Greece: Strike closes Acropolis, main museums

Oct 17, 2018

ATHENS, Greece — The ancient Acropolis in Athens and most of Greece's archaeological sites and publicly-run museums are closed to the public because of a 24-hour strike called by a union of Culture Ministry employees. Scores of tourists gathered Thursday outside the Acropolis, initially unaware of the strike. The union has accused the government of failing to exempt the transfer of ownership of national heritage sites to a powerful privatization fund created during the country's international bailouts. The Culture Ministry says the concerns are unfounded.

Can wireless challenge cable for home internet service?

Oct 17, 2018

NEW YORK — Cellular companies such as Verizon are looking to challenge traditional cable companies with residential internet service that promises to be ultra-fast, affordable and wireless. Using an emerging wireless technology known as 5G, Verizon's 5G Home service provides an alternative to cable for connecting laptops, phones, TVs and other devices over Wi-Fi. It launches in four U.S. cities on Monday. Verizon won't be matching cable companies on packages that also come with TV channels and home phone service. But fewer people have been subscribing to such bundles anyway, as they embrace streaming services such as Netflix for video...

Archaeologists discover 'massive' ancient building in Egypt

Oct 17, 2018

CAIRO — Egypt says archaeologists have discovered a "massive" ancient building in the town of Mit Rahina, 20 kilometers, or 12 miles, south of Cairo. The Antiquities Ministry says Tuesday archaeologists also uncovered an attached building that includes a large Roman bath and a chamber likely for religious rituals. Mostafa Waziri, secretary general of the Supreme Council of Antiquities, says the building is likely part of the residential block of the area, which was the ancient Egyptian capital of Memphis. Memphis, founded around 3,100 B.C., was home to Menes, the king who united Upper and Lower Egypt. Egypt hopes such...

Ancient treasures on show in Germany reveal turbulent past

Oct 17, 2018

BERLIN — An arrowhead firmly lodged in the skull of an ancient fallen warrior, a voluptuous woman's form carved from ivory and the mask of a Roman river god are among more than 1,000 major archaeological discoveries being brought together for the first time. The exhibition opening Friday at Berlin's Gropius Bau museum reveals how war, art and migration have left their mark in Germany since the Stone Age. The show spans more than 300,000 years, starting with a sleek wooden spear used by one of the pre-human species that once roamed the continent long before homo sapiens arrived. Neanderthal...

State-backed hackers target Gmail of US senators, aides

Oct 17, 2018

State-backed hackers are still trying to break into the personal email accounts of U.S. senators and their aides — and a lawmaker focused on cybersecurity says the Senate's security office should stop refusing to help defend them. Sen. Ron Wyden, an Oregon Democrat, said in a Wednesday letter to Senate leaders that his office discovered that "at least one major technology company" has warned an unspecified number of senators and aides that their personal email accounts were "targeted by foreign government hackers." On Thursday, Google spokesman Aaron Stein confirmed that his company had notified the Senate targets. Neither Stein nor...

About Us

Science Thread delivers quality and fascinating science and technology content that matters on a daily basis and makes it go viral.

Contact us: sales@sciencethread.com