The tech giant Google has recently announced a very long overdue partnership with the digital asset company known as Bakkt. There is currently a project which is being drummed up between the two, and it will help people to be able to increase their reach towards digital assets and their usability within this rapidly evolving marketplace. Google is always trying to do something for people, and its ever-increasing user space and this partnership is nothing different.
With the help of this partnership, Google will be able to ship digital assets, products, and services to millions of customers, and if this thing becomes successful in the long run, then the number of people will just continue to grow on and on. This organization Bakkt was founded by the owner of the New York Stock exchange in 2018. Intercontinental Exchange has continuously updated the framework of Bakkt by adding more and more cryptocurrencies and their functionality as well. With this rather innovative initiative, people will be able to not only buy, sell but also send and spend their digital assets in real-time.
Google Pay To Add Support For Bakkt’s Debit Card
The working relationship between Google and Bakkt will be like that; people would be able to add the Visa debit card for Bakkt within their Google Pay app, and they would be able to thus exchange digital assets into fiat currency and fiat currency into digital assets and vice versa. This means that they will be able to use cryptocurrencies at almost every vendor and place where Google Pay is acceptable, thus making their life easier.
Moreover, with this amazing transition, Google users would also be able to link their individual crypto wallets with Google Pay app and would be able to convert fiat currency into digital currency and vice versa for the sake of making payment or withholding crypto for some time if need be. The very plot for this amazing affiliation between Google and Bakkt was when Bakkt was in the development phase; it wanted a cloud provider, and above all, it chose to stick with Google cloud. This became the basis for both companies to know each other, and this is where Google showed interest in the digital sector by partnering up with Bakkt.