• About
  • Contact
  • Privacy Policy
  • bitcoinBitcoin$27,413.00-0.62%
  • ethereumEthereum$1,642.09-1.41%
  • xrpXRP$0.533.97%
  • bitcoin cashBitcoin Cash$229.18-5.11%
Cryptovibes.com - Daily Cryptocurrency and FX News
  • Home
    • Cryptovibes French
    • Cryptovibes German
    • Cryptovibes Croatian
    • Cryptovibes Czech
    • Cryptovibes Korean
    • Cryptovibes Danish
    • Cryptovibes Dutch
    • Cryptovibes Finnish
    • Cryptovibes Hungarian
    • Cryptovibes Italian
    • Cryptovibes Japanese
    • Cryptovibes Norwegian
    • Cryptovibes Polish
    • Cryptovibes Portuguese
    • Cryptovibes Romanian
    • Cryptovibes Slovak
    • Cryptovibes Spanish
    • Cryptovibes Swedish
    • Cryptovibes Turkish
  • News
    • PR
  • Analysis
  • Crypto
    • Crypto Presales
    • Bitcoin Minetrix Price Prediction
  • Autotrading
    • Immediate Connect
    • Quantum Flash
    • Bitsoft360
    • Bitcoin360 AI
    • Immediate Edge
    • Bitcoin Code
    • BitAlpha AI
    • Bitcoineer
    • Immediate Experience
    • Quantum AI
    • Bit GPT AI
    • Immediate Bitcoin
    • Vena System
    • Immediate Profit
    • Immediate GP
    • Bitcoin Fast Profit
    • Ethereum Code
    • Immediate Granimator
    • Quantum Prime Profit
    • BitVestment
    • BitIQ
    • BitProfit
    • Bitcoin Edge
    • Bit Index AI
    • Immediate Iplex
    • Yuan Pay Group
    • Metaverse Profit
    • Today Profit
    • Bitcoin Buyer
    • AI Trading Bots
    • Quantum Code
    • Bitcoin Billionaire
    • Bitcoin Circuit
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • BitAI Method
    • Bitcoin Bank Breaker
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Oracle AI
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • BitiCodes
    • Crypto Bank
    • Bitcoin Loophole
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Bitcoin Profit
    • BitQH
    • Quantumator
    • Bitcoin Trader
    • xBitcoin Club
    • Bitcoin Bank
    • Quantum Hancock
    • Chain Reaction
    • Bitcoin Union
    • Crypto Capital
    • CoinTrade1000
    • BitQT
    • Quantum System
    • Libra Profit System
    • Bitcoin Sprint
    • Bitcoin KPEX AI
    • Bitcode Method
    • Bitcoin Millionaire
    • Immediate Fortune
    • Bit Iplex Codes
    • Bitcoin Revolution
    • Bitcoin Method
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • Bitcoin Rush
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
No Result
View All Result
Cryptovibes.com - Daily Cryptocurrency and FX News
No Result
View All Result

Bakkt Looks into Aggressive Expansion, Starts Building Merchant and Consumer Apps

Sherlock Gomes by Sherlock Gomes
October 29, 2019
in Crypto news
Reading Time: 4min read
Rate this post

Intercontinental Exchange-backed Bakkt has quickly started expanding the scope of its offerings. After launching physically-settled Bitcoin futures, the company is now looking to enter new sectors within the crypto industry.

The hype is coming to Starbucks

According to Bakkt’s chief product officer Mike Blandina, the company is busy working on a mobile application focused on retail customers. It also has a merchant portal in the works. Though Blandina announced that the company has two new projects under development, he didn’t provide any specific details about the same. In a medium blog, he said,

“Our vision is to provide a consumer platform for managing a digital asset portfolio, whether they wish to store, transact, trade or transfer their assets.”

Bakkt Looks into Aggressive Expansion, Starts Building Merchant and Consumer Apps

The Bakkt cryptocurrency payment system is expected to be live, in both merchant and consumer iterations, in the first six months of 2020. The company may have to fight it out with the regulators yet again. If they don’t agree with the legal status of these offerings, the launch date of these products could be pushed by months, just like its derivatives offering.

However, regardless of the exact date of launch, Starbucks is expected to be the first company to adopt the Bakkt crypto payment solutions. The coffee retail chain is one of Bakkt’s founding partners and will be using its new solutions to accept Bitcoin at thousands of locations across the US. Blandina added, “We’re now focused on the development of the consumer app and merchant portal, as well as testing with our first launch partner, Starbucks, which we expect in the first half of next year.”

A new direction

Blandina joined Bakkt in April to help the firm expand its reach beyond its role as a futures provider. The company has been working on Bakkt Pay, a cryptocurrency wallet since the second quarter. With his experience at Google and PayPal, Blandina could help the new company making a mark for itself as a legit financial service provider. In his 25 years of experience, he has worked at OneMarket as well as Blackhawk Network where he was the chief technology officer.

With a new payment offering, Bakkt could dive deeper into the crypto market and significantly change the ways in which the broader financial services market interacts with digital currencies. It could create trust and open new possibilities of marketplace access to the people. At a place like Starbucks, using Bitcoin to buy coffee will not only make people aware of the many benefits of digital coins but would also fulfill an age-old metaphor about crypto adoption.

Tags: Aggressive ExpansionBakktBitcoin FuturesConsumer ApsMike Blandina

Related Posts

Education

How To Invest In Bitcoin Futures

February 4, 2021
BNC Image
Crypto news

BNC’s BTC and ETH Indices Now Live on Nasdaq, XRP Index Next

February 26, 2019
Pixabay.com/ Bitcoin
Crypto news

Bakkt Delayed Again Despite the Successful First Round of Funding of $182.5M

January 14, 2019
Facebook Twitter Instagram Telegram RSS Youtube

Newsletter

Like what you're reading? Subscribe to our top stories

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

No Result
View All Result
  • Home
    • Cryptovibes French
    • Cryptovibes German
    • Cryptovibes Croatian
    • Cryptovibes Czech
    • Cryptovibes Korean
    • Cryptovibes Danish
    • Cryptovibes Dutch
    • Cryptovibes Finnish
    • Cryptovibes Hungarian
    • Cryptovibes Italian
    • Cryptovibes Japanese
    • Cryptovibes Norwegian
    • Cryptovibes Polish
    • Cryptovibes Portuguese
    • Cryptovibes Romanian
    • Cryptovibes Slovak
    • Cryptovibes Spanish
    • Cryptovibes Swedish
    • Cryptovibes Turkish
  • News
    • PR
  • Analysis
  • Crypto
    • Crypto Presales
    • Bitcoin Minetrix Price Prediction
  • Autotrading
    • Immediate Connect
    • Quantum Flash
    • Bitsoft360
    • Bitcoin360 AI
    • Immediate Edge
    • Bitcoin Code
    • BitAlpha AI
    • Bitcoineer
    • Immediate Experience
    • Quantum AI
    • Bit GPT AI
    • Immediate Bitcoin
    • Vena System
    • Immediate Profit
    • Immediate GP
    • Bitcoin Fast Profit
    • Ethereum Code
    • Immediate Granimator
    • Quantum Prime Profit
    • BitVestment
    • BitIQ
    • BitProfit
    • Bitcoin Edge
    • Bit Index AI
    • Immediate Iplex
    • Yuan Pay Group
    • Metaverse Profit
    • Today Profit
    • Bitcoin Buyer
    • AI Trading Bots
    • Quantum Code
    • Bitcoin Billionaire
    • Bitcoin Circuit
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • BitAI Method
    • Bitcoin Bank Breaker
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Oracle AI
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • BitiCodes
    • Crypto Bank
    • Bitcoin Loophole
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Bitcoin Profit
    • BitQH
    • Quantumator
    • Bitcoin Trader
    • xBitcoin Club
    • Bitcoin Bank
    • Quantum Hancock
    • Chain Reaction
    • Bitcoin Union
    • Crypto Capital
    • CoinTrade1000
    • BitQT
    • Quantum System
    • Libra Profit System
    • Bitcoin Sprint
    • Bitcoin KPEX AI
    • Bitcode Method
    • Bitcoin Millionaire
    • Immediate Fortune
    • Bit Iplex Codes
    • Bitcoin Revolution
    • Bitcoin Method
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • Bitcoin Rush
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.