{"id":385003,"date":"2019-06-05T02:04:22","date_gmt":"2019-06-05T02:04:22","guid":{"rendered":"https:\/\/wncen.com\/?p=385003"},"modified":"2024-06-11T13:43:49","modified_gmt":"2024-06-11T13:43:49","slug":"microsoft-apple-crypto-cryptokit-sdk","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/microsoft-apple-crypto-cryptokit-sdk\/","title":{"rendered":"After Microsoft, Apple Launches Crypto Developer Tools: Mass Adoption Imminent?"},"content":{"rendered":"

Yesterday, Cupertino-based tech giant Apple<\/a> held its annual Worldwide Developers Conference (WWDC) where it gave an update on its product lineup, and while new products were revealed to the public for the first time, the event skews heavily toward talk of future development on Apple software development kits. One such crypto-focused dev kit, dubbed CryptoKit, was debuted by Apple and is the first major sign of the company supporting the budding technology.<\/span><\/p>\n

With tech powerhouses like Samsung, Microsoft, Facebook, and now Apple all supporting crypto in some capacity, is this a sign that mass adoption is closer than we think?<\/span><\/p>\n

Apple Debuts CryptoKit SDK for iOS 13 on iPhone<\/span><\/h2>\n

At this week\u2019s WWDC, Apple, the company behind the iconic iPhone, iPod, and Mac line of consumer tech products announced a new software development kit called CryptoKit<\/span><\/a>. The new SDK provides developers with the infrastructure to “perform cryptographic operations securely and efficiently.\u201d<\/span><\/p>\n

And while the SDK is geared toward cryptographically securing other elements of code being run on Apple products outside of currencies like Bitcoin, the framework certainly lends itself to supporting the emerging financial technology and its corresponding crypto assets.<\/span><\/p>\n

For the first time, developers of iOS apps can access the iPhone\u2019s secure enclave and provide hardware wallet-level security for digital assets and more.<\/span><\/p>\n

Apple\u2019s fiercest competitor in the smartphone space, Samsung, recently launched its flagship Galaxy S10 handset complete with a Blockchain Keystore app that allows users to cryptographically protect Ethereum-based tokens. If Apple were to follow suit and deliver a cryptocurrency wallet built-into the secure layer of iOS 13 \u2013 the OS CryptoKit is designed for \u2013 it would be a serious nod for crypto and a major leap toward mass adoption.<\/span><\/p>\n

The Impact of Apple Entering the Crypto Space<\/span><\/h2>\n

Apple sells more than 220 million smartphones on average per year since 2015, and after this year\u2019s launch, the company will have put more than 1 billion iPhones in the hands of consumers across the globe in less than five years worth of shipments.<\/span><\/p>\n

With such market share that Apple enjoys, the potential reach of an iPhone-based crypto wallet cannot be understated.<\/span><\/p>\n

Apple joins other heavyweights in the tech space in preparing their support for cryptocurrencies. Microsoft is yet another major tech giant that recently ramped up their crypto support, having recently deployed their Azure blockchain on the Nasdaq Financial Framework and updated their Microsoft Excel spreadsheet software to include Bitcoin as a currency.<\/span><\/p>\n

The industry is also enamored by Facebook and their GlobalCoin project, that could change the face of money as we know it. However, given how little consumers trust Mark Zuckerberg and his Facebook social platform with their privacy, there is chance that a digital currency created by the giant could fail.<\/span><\/p>\n

Amazon is yet another major tech brand considering entering the crypto space, but even they don\u2019t command the same level of loyalty and desire to own their products as Apple commands from its consumers. Given that consumers have become used to trusting Apple with their personal privacy, photos, and more, trusting them with money won\u2019t be as big of a jump.<\/span><\/p>\n

As of January, Apple had over 1 billion devices active, and if even a portion of those devices exposed its users to crypto, mass adoption won\u2019t be far behind.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday, Cupertino-based tech giant Apple held its annual Worldwide Developers Conference (WWDC) where it gave an update on its product lineup, and while new products were revealed to the public for the first time, the event skews heavily toward talk of future development on Apple software development kits. One such crypto-focused dev kit, dubbed CryptoKit, was debuted by Apple and is the first major sign of the company supporting the budding technology. With tech powerhouses like Samsung, Microsoft, Facebook, and now Apple all supporting crypto in some capacity, is this a sign that mass adoption is closer than we think? Apple Debuts CryptoKit SDK for iOS 13 on iPhone At this week\u2019s WWDC, Apple, the company behind the iconic iPhone, iPod, and Mac line of consumer tech products announced a new software development kit called CryptoKit. The new SDK provides developers with the infrastructure to “perform cryptographic operations securely and efficiently.\u201d And while the SDK is geared toward cryptographically securing other elements of code being run on Apple products outside of currencies like Bitcoin, the framework certainly lends itself to supporting the emerging financial technology and its corresponding crypto assets. For the first time, developers of iOS apps can access the iPhone\u2019s secure enclave and provide hardware wallet-level security for digital assets and more. Apple\u2019s fiercest competitor in the smartphone space, Samsung, recently launched its flagship Galaxy S10 handset complete with a Blockchain Keystore app that allows users to cryptographically protect Ethereum-based tokens. If Apple were to follow suit and deliver a cryptocurrency wallet built-into the secure layer of iOS 13 \u2013 the OS CryptoKit is designed for \u2013 it would be a serious nod for crypto and a major leap toward mass adoption. The Impact of Apple Entering the Crypto Space Apple sells more than 220 million smartphones on average per year since 2015, and after this year\u2019s launch, the company will have put more than 1 billion iPhones in the hands of consumers across the globe in less than five years worth of shipments. With such market share that Apple enjoys, the potential reach of an iPhone-based crypto wallet cannot be understated. Apple joins other heavyweights in the tech space in preparing their support for cryptocurrencies. Microsoft is yet another major tech giant that recently ramped up their crypto support, having recently deployed their Azure blockchain on the Nasdaq Financial Framework and updated their Microsoft Excel spreadsheet software to include Bitcoin as a currency. The industry is also enamored by Facebook and their GlobalCoin project, that could change the face of money as we know it. However, given how little consumers trust Mark Zuckerberg and his Facebook social platform with their privacy, there is chance that a digital currency created by the giant could fail. Amazon is yet another major tech brand considering entering the crypto space, but even they don\u2019t command the same level of loyalty and desire to own their products as Apple commands from its consumers. Given that consumers have become used to trusting Apple with their personal privacy, photos, and more, trusting them with money won\u2019t be as big of a jump. As of January, Apple had over 1 billion devices active, and if even a portion of those devices exposed its users to crypto, mass adoption won\u2019t be far behind.<\/p>\n","protected":false},"author":517,"featured_media":385004,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[215,428,6664,42733,42734,3786],"class_list":["post-385003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-apple","tag-bitcoin","tag-crypto","tag-cryptokit","tag-ios-13","tag-sdk"],"acf":[],"yoast_head":"\nAfter Microsoft, Apple Launches Crypto Developer Tools: Mass Adoption Imminent?<\/title>\n<meta name=\"description\" content=\"Not to be outdown by Microsoft, Amazon, Samsung and others, Apple has debuted a crypto-focused SDK called CryptoKit at WWDC.\" \/>\n<meta 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The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"After Microsoft, Apple Launches Crypto Developer Tools: Mass Adoption Imminent?","url":"http:\/\/wncen.com\/news\/microsoft-apple-crypto-cryptokit-sdk\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/microsoft-apple-crypto-cryptokit-sdk\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/crypto-apple-bitcoin-microsoft-samsung-amazon-facebook-shutterstock_1055851349.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/crypto-apple-bitcoin-microsoft-samsung-amazon-facebook-shutterstock_1055851349.jpg?fit=4800%2C3931"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["apple","bitcoin","crypto","cryptokit","ios 13","sdk"],"dateCreated":"2019-06-05T02:04:22Z","datePublished":"2019-06-05T02:04:22Z","dateModified":"2024-06-11T13:43:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"After Microsoft, Apple Launches Crypto Developer Tools: Mass Adoption Imminent?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/microsoft-apple-crypto-cryptokit-sdk\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/microsoft-apple-crypto-cryptokit-sdk\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/crypto-apple-bitcoin-microsoft-samsung-amazon-facebook-shutterstock_1055851349.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/crypto-apple-bitcoin-microsoft-samsung-amazon-facebook-shutterstock_1055851349.jpg?fit=4800%2C3931\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"apple\",\"bitcoin\",\"crypto\",\"cryptokit\",\"ios 13\",\"sdk\"],\"dateCreated\":\"2019-06-05T02:04:22Z\",\"datePublished\":\"2019-06-05T02:04:22Z\",\"dateModified\":\"2024-06-11T13:43:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/crypto-apple-bitcoin-microsoft-samsung-amazon-facebook-shutterstock_1055851349.jpg?fit=4800%2C3931","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/385003"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=385003"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/385003\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/385004"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=385003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=385003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=385003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}