bitcoin flickr

In a recent blog post on LinkedIn, Martin Butler, a Microsoft Account Excecutive has revealed some of the upcoming Office 365 features. Among other improvements such as a real-time transcription feature for Skype Meeting Broadcast, Excel will get Bitcoin support.

“In 2017, Excel will be able to recognize, format, calculate, and analyze numbers expressed in Bitcoin currency. The new feature will be available for Excel running under Windows 10, Android, Mac OS, and iOS, and will include Excel Mobile versions as well.”

As a heavily retweeted contribution from Alistair Milne illustrates, the Bitcoin community is very excited about the inclusion of their cryptocurrency into the most widely-used office suite. Bitcoin is running hot again recently. Just today, the crypto-money made the news as it broke the $1,000 level, setting a new three years high.

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However, as some point out correctly, Microsoft comes a bit late with Bitcoin support as Google Docs has been able to show Bitcoin price in real time now for over a year.

Microsoft and the Blockchain

But the company has been open to support Bitcoin in other areas since a wile. You can for example trade-in Bitcoins via BitPay, to add money to your Microsoft account. Those funds can then be used to purchase content in the Windows Store, or in stores that house Xbox Games, Xbox Music or Xbox Video. Reports in spring 2016 were proven wrong after rumors emerged that Microsoft had dropped support for Bitcoin payments.

Microsoft has a strategic interest in cryptocurrencies as their own cloud based Azure Blockchain service illustrates. Under “Project Bletchley”, Microsoft´s Blockchain as a Service (BaaS) offering, admins can easily manage a multi-node Blockchain network and securely store a continuously growing list of records.

In a collaboration with travel booking website Webjet, the company has realized a “proof of concept” system to illustrate how cryptocurrencies could revolutionize online payments in different industries.

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