NetworkNewsBreaks – Virtual Crypto Technologies

NetworkNewsBreaks – Virtual Crypto Technologies (VRCP) to Facilitate Instant Bitcoin Trades

Virtual Crypto Technologies (OTCQB: VRCP), developer of software and hardware for the purchase and sale of cryptocurrencies, this morning announced the completion of a full node setup on Amazon Web Services' (“AWS”) EC2 servers to enable immediate bitcoin trades. The move enables the company to verify all transactions directly, rather than relying on miners. The full node participation in the bitcoin network also permits the company to keep a complete history of all previous bitcoin transactions, all new transactions, and all block headers. In addition, the AWS servers provide Virtual Crypto with the tools to conduct data analysis to determine trends and opportunities to develop pioneering services for the cryptocurrency market. "This is a huge step to further improve our 'fast confirmation' product. It allows us not only to understand in-depth blockchain transactions, but also use machine-learning algorithms to further improve our prediction and validation mechanism," Virtual Crypto Technologies CTO Simon Danilov stated in the news release.

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