Apple Goes for Bitcoin, Supports BTC Symbol and Launches ‘CryptoKit’

Apple is rolling out two new products this week that signal the tech behemoth’s shifting attitude towards Bitcoin and cryptocurrency.

At its Worldwide Developers Conference on Monday, Apple unveiled the SF Symbols app for iOS 13, which provides a set of 1,500 configurable symbols – including four different ones for Bitcoin.

The symbol comes in both a circle and a square. Each shape has two options: filled and unfilled.

Just noticed that Apple's new icon set (SF Symbols), includes bitcoin. pic.twitter.com/Og8dWp2C85

— brandon anthony (@brandnanthny) June 4, 2019

The company also launched a beta version of the “Apple CryptoKit”, which is designed to give developers an easy way to implement cryptography into their software.

Apple outlined a number of ways the tools can be used.

• Compute and compare cryptographically secure digests
• Use public-key cryptography to create and evaluate digital signatures and store private keys
• Generate symmetric keys, and use them in operations like message authentication and encryption.

Victor Radchenko, the founder of Trust Wallet, says the CryptoKit will likely lead to more developments in the crypto space.

Apple announced CryptoKit for iOS 13, only a few steps away before you can turn your phone into a hardware wallet.https://t.co/21wPSBz0K3

— vikmeup (@vikmeup) June 4, 2019

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.