VRT World Unveils Its Blockchain

VR Technologies, a Singapore-registered company focused on virtual reality (VR), develops a blockchain, VRchain, which supports two-way transfer of tokens to and from the main Ethereum network.     VRChain will be an Ethereum sidechain that facilitates verification of transaction on the main Ethereum network.   “This solution is suitable for application in the real economy, where blockchain can be used for implementing a wide range of tasks,” says VR Technologies CTO Dmitry Livshin. “VRchain is substantially cheaper than the main Ethereum blockchain as it is located outside of it…

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VRT World Enters Partnership with Bancor

Press release – Moscow, VRT World (VR Technologies), a Singapore-registered company focused on virtual reality (VR), has entered a partnership agreement with The Bancor Network, a decentralized liquidity network for holding and converting digital tokens.     “This is an important deal for VRT World as Bancor allows holders of any tokens to convert them to any other token on the network, with no counter party and at an automatically calculated price,” says Konstantin Negachev, CEO of VRT World. “Now that VRT World tokens are available on Bankor, existing and…

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