|Nov 25, 2018 08:23 PM||By: John Patrick Mullin | 1591 Views|
The Daily Hodl is announcing that upcoming institutional dealing platform Bakkt is on track to move forward with its "phase two" plans, which involve partnerships with Microsoft as well as Starbucks.
Notwithstanding it being recently announced that Bakkt was going to be stopping the launch of its Bitcoin futures program until next year, it is nevertheless still on track to associate with Microsoft and Starbucks in the next six months.
The company with Microsoft will see Bakkt employing their cloud storage solutions to produce their trading program to the world. Microsoft is one of the business heads in cloud storage.
Bakkt also proposes to team with Starbucks to form a system that will allow for crypto to fiat changes to enable customers to pay with digital currency. Maria Smith, VP of assistance and payments at Starbucks, is extracted in the column:
"As the flagship retailer, Starbucks will play a pivotal role in developing practical, trusted and regulated applications for consumers to convert their digital assets into US dollars for use at Starbucks."