Foreign media: hire a former Google senior consultant, Bakkt or will launch a digital asset wallet

At the time of launch of its products, former Google consultants joined Bakkt.

According to people familiar with the matter, former Google UX (user experience) consultant Chris Peterson joined the cryptocurrency company Bakkt earlier this month, and the company is working on a digital asset wallet app called Bakkt Pay.

Bakkt

Bakkt is the creative of Kelly Loeffler and Jeff Sprecher of the Intercontinental Exchange (ICE). The company announced in August 2018 that it will launch a platform to help people invest in Bitcoin on their 401(k) accounts. First, Bakkt said it will introduce a physical delivery futures product linked to Bitcoin, but regulatory resistance has delayed the launch date by several months.

According to sources, the company is still working hard to develop its products and platforms, but at the same time, the company is also developing its own mobile app, which is expected to be released in the coming months. Peterson is an independent UX consultant with 20 years of experience and is helping Bakkt expand its brands beyond its futures suppliers. He was involved in the launch of the app. Previously, he redesigned the help system for all of Google's products, so he consulted Google's cloud team.

The company’s job postings in January seem to suggest that it will launch a mobile app that mentions recruiting a mobile app developer for the Bakkt product suite. The company also revised the website information to show its business more clearly:

1

After raising $182 million from investors such as Galaxy Digital and CMT Digital, Bakkt is facing pressure to release products. The company's chief operating officer, Adam White, said in a recent article that the company will begin testing its bitcoin futures products on July 22. This article reveals new details about the Bakkt platform, including its intention to provide up to $100 million in insurance for hosted Bitcoin.

As of press time, the ICE spokesperson did not respond to news about its launch of the mobile app.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Alameda Research's $200M Blow A Tale of Phishing Attacks and Poor Security Practices, as Confessed by Ex-FTX Engineer

Aditya Baradwaj has revealed that a file containing blockchain private keys and exchange API keys was left vulnerable...

Blockchain

Run, clear the sea? This question for the exchange is too difficult

Text | Qin Xiaofeng Production | Odaily Planet Daily The market turned cold, and the exchange changed from a once env...

Blockchain

ChainNode Live Room | Derivatives track has become an industry consensus. Bitcoin will be up to $ 20,000 in the year?

Since the beginning of this year, the trading platform has frequently acted, causing one after another "destruct...

Web3

Uniswap, the most successful American Internet Fintech company benefitting from the Web3 dividend.

Ultimately, it is the users who end up paying for faith. However, there is also this saying the most imaginative asse...

Market

Jump Trading's Crypto Waterloo: Forced to Exit US Crypto Trading Market, Facing Terra Class Action Lawsuit

For Jump Trading, the traditional high-frequency trading giant in the encryption circle, the past year has undoubtedl...

Opinion

Unveiling the FTX Empire's 'Second-in-Command' The Glorious and Falling Journey of Chinese Genius Programmer Gary Wang

What has Gary Wang gone through, from being a close friend of SBF to becoming the COO of FTX and a key witness?