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Things are about to get really, REALLY interesting:
http://www.patentlyapple.com/patently-apple/2013/11/apple-reveals-new-secure-iwallet-transaction-system.html

Apple has a patent application for a novel secure transaction system that could revolutionize cash-like payments. Theoretically, crypto-currencies such as Bitcoin, Litecoin and others could work under this system.

Payments are essentially peer-to-peer, but they go through iTunes, which acts as a clearinghouse.

This has the potential to lead to a truly integrated all-digital (cashless) society.
Edited by SpamSandwich - 11/28/13 at 11:47am

Proud AAPL stock owner.

 

GOA

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Proud AAPL stock owner.

 

GOA

Reply