This is big! Tap to pay #Bitcoin via NFC is coming to iOS. Apple is warming up.
Discussion
Let’s go 🍆
OH SHOOT!! BRING IT ON!!
developers will need to enter into a commercial agreement with Apple, request the NFC and SE entitlement, and pay the associated fees. This ensures that only authorized developers who meet certain industry and regulatory requirements, and commit to Apple’s ongoing security and privacy standards, can access the relevant APIs.
Not looking so great after all
Heh! Yep was gonna paste exactly the same thing and saw your comment. They’ll monitor the shit out of this thing and block anything they feel will undercut their revenue.
This insistence of using the word "transactions" is raising flags for me. But even if not, the mention here of the secure element is also curious... on android certain things cannot be put in the secure element because it does not support secp256k1. Wonder if that will have issues too?
How will apple take their cut?
Indeed big news. But if they really open it for Bitcoin as well as for Fiat? We will see.