Does the future of Apple Pay include cryptocurrency? | TECH(feed)


APPLE MAY SOON BE A PLAYER IN THE CRYPTOCURRENCY
WORLD, BUT DON’T EXPECT TO BE ABLE TO USE BITCOIN WITH APPLE PAY JUST YET. STICK AROUND. AN APPLE EXEC RECENTLY CONFIRMED THAT THE
COMPANY HAS AN INTEREST IN CRYPTOCURRENCY, BUT DIDN’T REVEAL ANY PLANS ON HOW IT WILL
INTEGRATE DIGITAL MONEY INTO ITS PAYMENT APP. I MEAN, I WOULD GUESS PLENTY OF TECH COMPANIES
HAVE AN INTEREST IN CRYPTOCURRENCY. BUT APPLE IS IN A SPECIAL POSITION HERE BECAUSE A DIGITAL
WALLET IS ALREADY INSTALLED ON EVERY IPHONE. ENABLING ITS USERS TO PAY WITH CRYPTOCURRENCY
IS WELL WITHIN ITS ABILITY. APPLE WOULD BE FAR FROM THE FIRST SMARTPHONE
MANUFACTURER TO INTEGRATE CRYPTOCURRENCIES INTO ITS DIGITAL WALLET. H-T-C AND SAMSUNG
HAVE ALREADY ANNOUNCED CONCRETE PLANS TO DO SO. AND ANALYSTS PREDICT APPLE WILL EXAMINE
THOSE ROLLOUTS AND DECIDE HOW–AND WHEN–TO BRING CRYPTOCURRENCY TO THE IPHONE. I-O-S
13 ALREADY HAS SOME CRYPTO INTEGRATION IN THE FORM OF APPLE’ CRYPTOKIT. THE CRYPTOKIT
COULD PAVE THE WAY FOR FUTURE CRYPTOCURRENCY TRANSACTIONS, BUT APPLE HASN’T BEEN OPEN
ABOUT THAT. WITH APPLE PAY AND THE NEW APPLE CARD, APPLE
HAS CEMENTED ITSELF AS A PLAYER IN THE FINTECH LANDSCAPE. AND ADDING CRYPTOCURRENCY ABILITIES
WOULD ONLY PUSH THE COMPANY FURTHER AS A FINTECH LEADER. BUT A LOT OF CURRENT CRYPTOCURRENCY
BUZZ HAS YET TO TAKE SHAPE. FACEBOOK’S LIBRA CURRENCY IS SUPPOSED TO ROLL OUT NEXT YEAR
AND IS EXPECTED TO FACE REGULATORY HURDLES ACROSS THE GLOBE. MAYBE ONCE WE SEE HOW THAT
FARES, WE CAN GET A BETTER IDEA OF HOW CRYPTOCURRENCY WILL BECOME A PART OF OUR EVERYDAY LIVES AND
PAYMENTS. AND HEY, MAYBE WE’LL EVEN HEAR A LITTLE BIT ABOUT CRYPTOKIT AT TODAY’S
APPLE EVENT. IF WE DO, I’LL CHAT ABOUT IT IN OUR APPLE EVENT LIVESTREAM, LINKED BELOW. THANKS FOR WATCHING THIS EPISODE OF TECH FEED.
IF YOU LIKED THIS VIDEO BE SURE TO GIVE IT A THUMBS UP AND SUBSCRIBE TO OUR CHANNEL.
AND LEAVE A COMMENT LETTING ME KNOW IF YOU WANT CRYPTOCURRENCY TO COME TO MAINSTREAM
DIGITAL WALLETS. FOR MORE APPLE NEWS, CHECK OUT OUR SEPTEMBER EVENT LIVESTREAM AND COMMENTARY
STARTING AT 1 P.M. EASTERN, 10 A.M. PACIFIC. SEE YOU NEXT TIME.

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