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Saturday, September 21, 2019

Apple Shows Interest in Blockchain Tech

The fact that Apple is following this is significant.  Apple Pay at least could have future implementations to consider.    Comments below.

Cryptocurrency Has ‘Long-Term Potential,’ Says Apple Exec
Apple is “watching cryptocurrency,” according to an executive at the tech giant.

Apple Pay vice president Jennifer Bailey, talking to CNN at a private event in San Francisco, said “We think it’s interesting. We think it has interesting long-term potential.”Apple is “watching cryptocurrency,” according to an executive at the tech giant.  Apple Pay vice president Jennifer Bailey, talking to CNN at a private event in San Francisco, said “We think it’s interesting. We think it has interesting long-term potential.”

Bailey did not elucidate about the possible uses of the technology Apple might pursue. She had been taking about the future of payments at the CNN event.  With Facebook planning to launch its Libra stablecoin next year, it would be surprising indeed if Apple were not watching crypto. But, Bailey’s comments may come as confirmation that more might be going behind the scenes at Apple’s Cupertino HQ.

In February, Apple submitted a filing with the Securities and Exchange Commission (SEC) that contained rare details about the computing giant’s interest in blockchain tech.  .... "

Bailey did not elucidate about the possible uses of the technology Apple might pursue. She had been taking about the future of payments at the CNN event.

With Facebook planning to launch its Libra stablecoin next year, it would be surprising indeed if Apple were not watching crypto. But, Bailey’s comments may come as confirmation that more might be going behind the scenes at Apple’s Cupertino HQ.

In February, Apple submitted a filing with the Securities and Exchange Commission (SEC) that contained rare details about the computing giant’s interest in blockchain tech.   ..... " 

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