Apple – makers of iPhone have announced a new framework called ‘CryptoKit’, coupled with the addition of the Bitcoin (฿) symbol to its icon set for iOS 13.
Apple’s Latest Crypto Release
Both developments were introduced during the ongoing Apple Worldwide Developers Conference (WWDC). At the conference to unveil the latest version of its native operating system (iOS13), Apple released the ‘CryptoKit’ – a new framework that will allow developers perform cryptographic operations securely and efficiently.
According to Apple, the CryptoKit API will allow operations such as hashing, key generation, and encryption to be integrated into iOS apps. Additionally, developers will be able to use public-key cryptography to create and evaluate digital signatures as well as perform key exchanges.
In a similar update, Apple’s latest icon set (Sf Symbols) now incorporates four variations of Bitcoin symbol. The Bitcoin symbols are among a set of 1,00 newly released icons; and will enable developers integrate Bitcoin into their apps. However, logos of other cryptocurrencies where not included.
Media highlights at the WWDC event also fixated on the unveiling of the new Apple Mac pro.
Is Apple Officially Embracing Crypto?
Deductions from this announcement have been made; many opine that considering Samsung’s foray into the crypto industry, it was only a matter of time its closest rival Apple begins embracing crypto.
Further hints from this latest release indicate the possibility of Apple launching its own built-in crypto wallet in the near future; following the footsteps of Samsung’s flagship Galaxy S10.
Other tech companies – Microsoft and more have taken steps in the crypto/blockchain space. Guess it’s time to say Welcome Apple!
Did you know? Apple had tried to disrupt the credit card industry with the launch of the Apple Card for its Apple Pay network in March. The move which is yet to yield big results is described by critics an ‘attempt to enter an already saturated market with no standout benefits’; they believe Apple should rather than invest in or launch future trends like cryptocurrencies.
Are these crypto releases a response to that? Will Apple’s small step be a part of a giant leap towards mainstream adoption? Share your thoughts in the comments!