#AppleCryptoUpdate
After announcing support for digital signatures and public and private encryption keys, which could be used to represent cryptocurrencies, an Apple executive clearly stated on Thursday that the company is closely monitoring blockchain-based virtual currencies. Last spring, Apple had already announced a CryptoKit for iOS 13, which will allow developers to easily create hashes for digital signatures and public and private keys that can be stored and managed by Apple's Secure Enclave (SEP) processor. These keys, which can represent cryptocurrencies, could then be exchanged by iPhone owners to make payments through an app.
At the introduction of the CryptoKit, Apple did not want to specify whether the company was considering linking it to a cryptocurrency wallet. However, on Thursday, Jennifer Bailey, Apple Pay's vice president, told CNN during a private event held in San Francisco: "We believe that cryptocurrency offers interesting long-term potential and we are interested in it." Apple is neither the only nor the first in this case. HTC and Samsung have already announced their intention to create native cryptocurrency storage wallets for their smartphones. Last year, HTC announced that its Exodus 1 smartphone would be able to natively store cryptocurrencies like bitcoin or Ether. As for Samsung, it is expected to deliver an equivalent feature on the Galaxy 10 expected in February..🙏🙏