#AppleCryptoUpdate 📰 News: Apple Opens NFC Access to Third-Party Developers in iOS 18.1

Apple has announced the iOS 18.1 update, which will allow third-party developers to access the NFC chip and Secure Element (SE) on iPhones, enabling new capabilities for contactless transactions without the need for Apple Pay or Apple Wallet (apple.com).

🔑 Key Features:

• Contactless Transactions via NFC: Developers will be able to create apps that support contactless transactions such as payments, access control (e.g., doors), membership cards, and more using the highly secure SE chip (cryptonews.net).

USDC Support: The update allows stablecoins like USDC to be used in contactless transactions on iPhones, making it easier to integrate cryptocurrencies into everyday life.

• Security and Privacy: Apple ensures that this new solution provides a secure way for developers to offer contactless transactions, leveraging Apple’s hardware and software technologies such as Secure Enclave and biometric authentication (apple.com).

🌍 Availability:

This feature will be available in countries like Australia, Brazil, Canada, Japan, New Zealand, the UK, and the US, with a planned rollout in October 2024 (apple.com).