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

News

SBF in the eyes of Western mainstream media Watch the BBC documentary 'The Fall of the Crypto King' in 5 minutes.

FTX, a former giant in the cryptocurrency world, collided with an iceberg in November last year. This impact triggere...

Blockchain

Babbitt Column | Blockchain industry to land, these areas still need to be greatly improved

I. Status Although each of us hopes that the blockchain can land as early as possible, and from the daily news, it se...

Blockchain

Babbitt exclusive | imToken built-in DEX upgrade independent, August will have heavy news release

Babbitt News, July 31, imToken built Tokenlon officially upgraded to an independent decentralized exchange (DEX) . It...

Blockchain

Korean or Korean? Bittrex Dreams New York

In June 2015, the New York Financial Services Department (NYDFS) became the first pioneer to develop a regulatory fra...

Market

Exploring the evolution of the stablecoin market structure: Why can USDT always dominate the first place?

Stablecoin competition is an endless topic, as the industry struggles in its second decade, hoping that the market ca...

Blockchain

How terrible is the IEO? 62% of 87 projects broke, with a maximum loss of 99%

87 IEO projects, raising more than 2 billion, 62% broken "Bitcoin is about to plummet to $5,000." "Cry...