• Guest Post   |
  • Submit App Review   |
  • Submit PR   |
  • Advertise   |
  • Contact Us
  • Login
No Result
View All Result
Advertisement
Mobile App Development | Design | Marketing Magazine: Appedus
Subscribe
  • Home
  • App Development
  • App Marketing
    • All
    • App Onboarding
    • App Store Optimisation
    • App User Engagement
    • Push Notifications
    How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

    How to Create a Mobile App Marketing Strategy That Works

    How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

    How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

    App-Analytics-and-Data-Driven-Insights-Appedus

    Marketing 101 : Top App Analytics and Data-Driven Strategies

    In-app-purchases-and-in-app-subscriptions-Appedus

    In-App Purchases and Subscriptions

    Trending Tags

      • App Store Optimisation
      • App User Engagement
      • App Push Notifications
      • App Onboarding
      • App Analytics
    • App Design
    • App Reviews
      • All
      • Books & Reference
      • Business
      • Dating
      • Education
      • Finance
      • Fitness
      • Food & Drink
      • Health
      • iOS apps
      • Lifestyle
      • Medical
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
      • Utilities
      • Video Editing
      Feature-image-appedus

      Supercharge Your Fitness Journey with ‘Workout From Home’ by Dejan Nakarada-Kordic

      The-future-of-mobile-virtual-events-and-webinars-appedus

      The Future of Mobile Virtual Events and Webinars

      The-Rise-of-Mobile-Payment-and-Financial-Apps-Appedus

      The Rise of Mobile Payment and Financial Apps

      Adverse Effects Of UV Radiation

      6 Adverse Effects Of UV Radiation

      6-iOS-Productivity-Apps-I-Cant-Live-Without-appedus

      6 Best iOS Productivity Apps You Can’t Live Without

      7-Reasons-Why-Every-Business-Should-Be-Mobile-Friendly-appedus

      7 Reasons Why Every Business Should Be Mobile-Friendly

      The-top-ten-mobile-apps-all-travellers-should-use-appedus

      The top ten mobile apps all travelers should use

      5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

      5 Ways To Promote Your Mobile App In A Smarter Way

      What-To-Do-If-Your-Cell-Phone-Is-Lost-or-Stolen-appedus

      What To Do If Your Cell Phone Is Lost or Stolen

      Trending Tags

      • Travel
      • fitness
      • Video Editing app
      • Utilities
      • Lifestyle
      • Medical
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
    • App Events
    • Exclusive
    • Home
    • App Development
    • App Marketing
      • All
      • App Onboarding
      • App Store Optimisation
      • App User Engagement
      • Push Notifications
      How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

      How to Create a Mobile App Marketing Strategy That Works

      How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

      How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

      App-Analytics-and-Data-Driven-Insights-Appedus

      Marketing 101 : Top App Analytics and Data-Driven Strategies

      In-app-purchases-and-in-app-subscriptions-Appedus

      In-App Purchases and Subscriptions

      Trending Tags

        • App Store Optimisation
        • App User Engagement
        • App Push Notifications
        • App Onboarding
        • App Analytics
      • App Design
      • App Reviews
        • All
        • Books & Reference
        • Business
        • Dating
        • Education
        • Finance
        • Fitness
        • Food & Drink
        • Health
        • iOS apps
        • Lifestyle
        • Medical
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
        • Utilities
        • Video Editing
        Feature-image-appedus

        Supercharge Your Fitness Journey with ‘Workout From Home’ by Dejan Nakarada-Kordic

        The-future-of-mobile-virtual-events-and-webinars-appedus

        The Future of Mobile Virtual Events and Webinars

        The-Rise-of-Mobile-Payment-and-Financial-Apps-Appedus

        The Rise of Mobile Payment and Financial Apps

        Adverse Effects Of UV Radiation

        6 Adverse Effects Of UV Radiation

        6-iOS-Productivity-Apps-I-Cant-Live-Without-appedus

        6 Best iOS Productivity Apps You Can’t Live Without

        7-Reasons-Why-Every-Business-Should-Be-Mobile-Friendly-appedus

        7 Reasons Why Every Business Should Be Mobile-Friendly

        The-top-ten-mobile-apps-all-travellers-should-use-appedus

        The top ten mobile apps all travelers should use

        5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

        5 Ways To Promote Your Mobile App In A Smarter Way

        What-To-Do-If-Your-Cell-Phone-Is-Lost-or-Stolen-appedus

        What To Do If Your Cell Phone Is Lost or Stolen

        Trending Tags

        • Travel
        • fitness
        • Video Editing app
        • Utilities
        • Lifestyle
        • Medical
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
      • App Events
      • Exclusive
      No Result
      View All Result
      Mobile App Development | Design | Marketing Magazine: Appedus
      No Result
      View All Result
      Home Apple

      Is Apple considering developing its own blockchain?

      Apple said that the program deceived consumers by offering "non-fungible tokens" that could not be resold and were not stored on a blockchain.

      by Editorial Team
      April 13, 2022
      in Apple, Featured, News-Curated
      Reading Time: 3 mins read
      0
      apple blockchain
      Share on FacebookShare on Twitter

      Table of Contents

      • Main Highlights:
      • What are Apple’s specific ambitions for NFTs?
      • How does Apple account for NFTs and blockchain assets in its IAP in-app payment system?

      Main Highlights:

      • Apple said that the program deceived consumers by offering “non-fungible tokens” that could not be resold and were not stored on a blockchain.
      • Although the software looks questionable, this is not entirely the developer’s fault; the application appears to have been created to work inside the gray area of Apple’s non-existent guidance for NFTs.
      • While some applications may justify Apple’s tariff on prior NFT sales, the same expenses cannot be justified for secondary peer-to-peer purchases of previously held NFTs.

      Apple contended that the app misled customers by offering “NFTs” that could not be resold and were not kept on a blockchain. The app appears to be a little suspect, but that is not entirely the developer’s fault; the program seems to have been developed to operate inside the gray area of Apple’s non-existent advice for NFTs. (It’s worth mentioning that Apple reinstalled it in the App Store within an hour of our live report). This entire tiny story raises a more intriguing question: 

      What are Apple’s specific ambitions for NFTs?

      On the one hand, Apple would want to exclude NFTs from the App Store formally. Apple has maintained that a critical aspect of the App Store’s functionality is safeguarding customers against frauds – a challenging task in today’s NFT climate. Regulating the sector from within Apple’s walled garden of the App store sounds like a nightmare, requiring Apple to effectively create its own internal SEC.

      However, this is a critical point; Apple also likes money and income from the App Store’s services. Gaming is the most popular area in the App Store, generating tens of billions of dollars in revenue for Apple each year. The idea of gaming businesses adopting NFTs significantly over the next decade becomes increasingly plausible, and Apple’s monopoly on in-app payments in mobile gaming would dramatically suffer.

      How does Apple account for NFTs and blockchain assets in its IAP in-app payment system?

      While particular applications may be able to justify Apple’s tax on prior NFT sales, the exact costs can never be justified for secondary peer-to-peer purchases of already-owned NFTs. While several NFT stores, such as OpenSea and Rarible, have already developed native applications on the App Store, these apps only allow users to see NFTs – not to interact with their storefronts. The majority of legitimate NFT firms debate how to proceed on mobile, and Apple’s delay in issuing clear instructions may encourage more developers to invest in web-based experiences that circumvent App Store standards.

      One thing is sure: if Apple provides a special exemption for NFTs under its own App Store guidelines, it will do it on its terms. They might go in various directions; we could imagine a scenario where Apple restricts access to particular assets to specific blockchains or even builds its own. However, Apple’s road to complete control of the user experience would need Apple to take a direct role in developing their intelligent contracts for NFTs, which developers may be obliged to adopt to comply with App Store guidelines.

      This might easily be explained as a measure to guarantee that users have a consistent experience and have confidence in NFT systems available on the App Store. These smart contracts might automate the payment of Apple royalties and establish a new in-app payment fee pipeline that could even survive beyond transactions conducted outside the Apple ecosystem(!). Additionally, more complicated functionality might allow Apple to manage operations such as transaction reversal.

      None of these actions would be popular with existing developers. Apple imposing restrictions on how smart contracts are designed and which ones are permitted to be utilized would represent a sea change in the crypto industry, causing significant disruption in the developer ecosystem. However, one can hope it is evident that Apple will struggle to ignore this market for much longer.

      mm

      Editorial Team

      We at Appedus are a group of digital nomads aggregating, writing, and publishing the best of the tech news in the mobile app ecosystem. Our constant endeavor is to get the most actionable news for you to use.

      Next Post
      CNN Plus

      CNN Plus, according to reports, averages fewer than 10,000 views each day

      Weekly Newsletter

      Top Apps This Week

      Feature-image-appedus
      Featured

      Supercharge Your Fitness Journey with ‘Workout From Home’ by Dejan Nakarada-Kordic

      by Editorial
      October 2, 2023

      In recent years, the demand for fitness and wellness apps...

      Read more
      The-Top-Mobile-App-Trends-to-Watch-for-in-2023-appedus

      The Top Mobile App Trends to Watch for in 2023

      March 2, 2023
      The-future-of-mobile-virtual-events-and-webinars-appedus

      The Future of Mobile Virtual Events and Webinars

      February 22, 2023
      Load More

      About Us

      mobile app news magazine

      Appedus is a mobile app ecosystem focused news publishing platform which covers various topics like app design, app development, app marketing and other relevant news, views or opinions. We also publish industry insights, e-books, developer interviews and e-magazines. You can get in touch with us on hola@appedus.com or you can snail mail us at

      Medianiti Ltd. Brooklands Business Park, Wellington Way, Weybridge KT13 0TT, United Kingdom

      Latest Articles & News

      Feature-image-appedus

      Supercharge Your Fitness Journey with ‘Workout From Home’ by Dejan Nakarada-Kordic

      October 2, 2023
      Assessing-the-Risks-and-Realities-of-Accidents-Involving-Self-Driving-Trucks-Thehospitalitydaily

      AI Powered Truck Collision: Assessing the Risks and Realities of Accidents Involving Self-Driving Trucks

      September 29, 2023

      Important Links

      • Guest Post
      • Submit App Review
      • Submit PR
      • Mobile App Marketing
      • Mobile App Reviews | Top Android & iOS app reviews
      • Top Apps
      • Curated News
      • Advertise
      • Contact Us

      Subscribe

      • About Appedus
      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Contact Us
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Thank You
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post
      • Write For Us | Mobile App Development Guest Post Paid

      © 2022 Appedus - Appedus All Right Reserved

      No Result
      View All Result
      • About Appedus
      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Contact Us
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Thank You
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post
      • Write For Us | Mobile App Development Guest Post Paid

      © 2022 Appedus - Appedus All Right Reserved

      Welcome Back!

      OR

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
      Go to mobile version