Veltyco Group, the online marketing company for the gaming industry, is in discussions with blockchain and cryptocurrency providers to enable Veltyco's customers to use cryptocurrencies to create one wallet for the group's various operating partners.
A cryptocurrency is a digital currency in which certain principles of cryptography are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of any central bank.
Cryptography is used to secure the transactions and to control the creation of new coins.
Veltyco is planning to offer its customers the use of a crypto wallet that can be used across the platforms of all of Veltyco's partners, allowing customers access to each platform without having to make separate deposits on the individuals platforms as well as enabling Veltyco to cross-sell the different platforms to its customer base.
At 8:07am: (LON:VLTY) Veltyco Group Plc share price was +12.5p at 87.5p