  This paper defines a theory of cobordism for virtual knots and studies this
theory for standard and rotational virtual knots and links. Non-trivial
examples of virtual slice knots are given. Determinations of the four-ball
genus of positive virtual knots are given using the results of a companion
paper by the author and Heather Dye and Aaron Kaestner. Problems related to
band-passing are explained, and a theory of isotopy of virtual surfaces is
formulated in terms of a generalization of the Yoshikawa moves.
