Bakkt crypto platform has entered into cooperation with Google to expand the availability of digital assets to "millions of consumers".
Thanks to this, users of Bakkt's virtual Visa debit cards will be able to add them to Google Pay wallets and subsequently pay with them both online and in the real world. In addition, Bakkt has chosen Google Cloud as the main provider of cloud services and will promote products based on it among consumers and sellers in the United States.
"This collaboration confirms Bakkt's solid position in the digital asset market and will facilitate payments using digital assets in real time, with the benefits of security and reliability," said Gavin Michael, Bakkt CEO. "In addition, cooperation with Google Cloud will allow us to continue to create the best-of-its-kind innovative platform that will undoubtedly be able to scale to meet the needs of millions of users."
Bakkt presented its own map in June of this year. It allows customers to pay from an account in the application, which may contain bitcoins or traditional currency. In the latest press release, the company notes that digital assets, including bitcoin, are converted into fiat currency to make payments.
In addition, Bakkt intends to create new analytics tools based on artificial intelligence, machine learning and geolocation data using Google Cloud to attract new partners. The company does not specify whether any other initiatives are planned to increase the availability of bitcoin.