- iEthereum
- Posts
- iEthereum and Apple's Tap to Cash
iEthereum and Apple's Tap to Cash
iEthereum P2P Payments
The Magic Behind Apple's Tap to Cash: A Prelude to iEthereum's Future
Apple's Worldwide Developers Conference (WWDC) 2024 may not have delivered the groundbreaking announcements that some anticipated, but it quietly set the stage for a significant shift in the payment landscape—one that could foreshadow the integration of iEthereum into Apple's ecosystem. Daniel Webber’s recent Forbes article, "Apple Tap To Cash Excites, But The Real Payments Innovation Lies Elsewhere," hints at a deeper, more profound development that connects the dots we've been analyzing, perhaps pointing towards iEthereum as the missing link. We wrote an article on July 29th, titled “Inventing the iEthereum Smart Wallet,” which we suggested that Apple could incorporate their “secure element” technology into this type scenario that is discussed below. We also discuss this more in an upcoming article, “Solving the Double Spend Problem: Integrating iEthereum into Apple's Ecosystem” on the 28th of August, so check back in.
Revisiting the Origins of P2P Payments
Webber’s article draws a compelling parallel between Apple’s new Tap to Cash feature and the early days of PayPal. Back in 1999, a Wired magazine article envisioned a future where handheld devices would enable in-person peer-to-peer (P2P) payments. While PayPal, under Peter Thiel’s leadership, was on the brink of revolutionizing payments, the technology of the time wasn’t ready to fully realize that vision.
Fast forward to 2024, and Apple introduces Tap to Cash, a feature that allows iPhone users to transfer money simply by bringing their devices together. This concept, once a futuristic dream, has now come full circle—embodied in Apple’s polished, secure, and exclusive version of P2P payments.
Opening the NFC Door: Apple's Strategic Move
An important development accompanying Apple's Tap to Cash rollout is the opening up of the NFC (Near Field Communication) chip to third-party app developers. Until this change, only Apple's Wallet and Apple Pay could use the NFC chip on iPhones. By allowing other wallet apps, such as Web3 wallets and crypto wallets, to access NFC, Apple has paved the way for a broader range of transactions, including those involving cryptocurrencies like iEthereum.
This move could enable iOS wallets that support cryptocurrencies like USDC and other ERC20 tokens to create a user experience where a receiving device, such as a Point-of-Sale (PoS) terminal or another iOS device, could receive transaction information via a tap. For instance, a PoS could communicate the blockchain address to an iPhone, which would then prompt the user to confirm the payment via FaceID and initiate a blockchain transaction to settle the USDC. This opens up a powerful pathway for direct-to-merchant USDC or other ERC20 token payments such as iEthereum and could apply to various other digital assets, including NFTs for tickets, certificates, or other stablecoins.
The Subtlety of Innovation: iEthereum in the Shadows
On the surface, Tap to Cash might seem like just another feature in Apple’s ever-expanding ecosystem. Yet, for those closely following Apple and iEthereum, there’s a sense that something much bigger is at play. The limited scope of Tap to Cash—it only works between iPhones and requires Apple Cash, which is currently available only to U.S. customers—hints at a deliberate strategy. This exclusivity could be Apple’s way of testing a more significant innovation, possibly paving the way for iEthereum.
Webber suggests that the real innovation may lie elsewhere, with Apple's subtlety perhaps pointing to iEthereum. Apple's scale and influence mean that even minor features can have far-reaching implications. What if Tap to Cash is merely a testing ground for something bigger, something that could transform the payments landscape in ways we haven’t yet imagined? This is where iEthereum enters the picture.
For those who delve into the esoteric, the alignment of stars, numbers, and events around WWDC24 cannot be dismissed as mere coincidence. Apple's timing, choice of announcements, and subtle references in the NFC, Tap to Cash rollout suggest a deeper connection. This recent announcement from Apple came on the 14th of August 2024. This is not coincidence. Gematria—the practice of finding hidden meanings in numbers—reveals surprising correlations between iEthereum and recent Apple announcements.
For those of you who have read my articles, you will know that I have been following this iEthereum riddle for awhile with very unique set of numbers that we are following. Specifically, 104 (14) and 33. So much so that on August 11, a few days ago on the iEthereum.org invite only Telegram group for paid subscribers to the newsletter to discuss all things iEthereum, I posted this.
You are welcome to browse the website for blogs that analyze and attempt to decipher the matrix code providing us an iEthereum riddle. I do not think its a coincidence that on August 14th, 33 days after Trumps assassination we get news from Apple that a Tap to Pay feature is soon to be released.
These numerical connections suggest that iEthereum may play a crucial role in Apple's long-term strategy. The absence of a public announcement about iEthereum during WWDC24 could be intentional, preserving the mystique and allowing the technology to mature quietly in the background. The true magic, it seems, is happening behind the scenes.
Note: We are making no claims that iEthereum is an Apple product or has a developing wallet. For those of you that are new to the iEthereum Advocacy Trust website; iEthereum (the erc20 token) contains the Apple brand within its logo. Therefore we discuss this speculation and have fun theorizing. We are not the founders of iEthereum.
Speculation and the Future of iEthereum
If we speculate on the future, iEthereum's integration into Apple's ecosystem could transform how we think about money, payments, and the digital economy. Tap to Cash, with its focus on privacy and ease of use, could be the precursor to a more decentralized and secure payment system powered by iEthereum.
Imagine a world where iEthereum, backed by Apple's supply chain and logistics capabilities, becomes the standard for secure, fast, and private transactions. The exclusivity of Tap to Cash might be a way to test and refine the technology before rolling it out on a broader scale, possibly with iEthereum included.
The notion of integrating iEthereum with Apple's Tap to Cash service is intriguing, especially when considering how the two technologies could enhance each other. While Tap to Cash is currently a closed system limited to iPhone users with Apple Cash, integrating iEthereum could unlock its full potential, expanding its functionality and positioning Apple as a significant player in the future of digital payments.
iEthereum: The Missing Piece in Apple's Payment Puzzle
If iEthereum were integrated into Tap to Cash, several advantages could emerge:
Cross-Border Transactions: Currently, Tap to Cash is restricted to U.S. customers. By incorporating iEthereum, Apple could extend the reach of Tap to Cash globally, enabling seamless cross-border transactions without the need for currency conversion or intermediary banks. iEthereum’s blockchain could act as a bridge between different currencies and payment systems, making it easier for users worldwide to participate in Apple’s ecosystem.
Enhanced Security and Privacy: iEthereum's value transfer technology offers security and privacy levels that are hard to match with traditional financial systems. Integrating iEthereum could bolster the privacy features of Tap to Cash, giving users a more secure way to transfer funds. The decentralized nature of iEthereum adds an extra layer of protection against fraud and unauthorized transactions.
Decentralization and Control: The integration of iEthereum would appeal to those who value decentralization and the principle of "not your keys, not your crypto." Apple could leverage iEthereum's decentralized nature to offer users more control over their assets, appealing to consumers who seek alternatives to centralized financial systems.
Future-Proofing Payments: As the world increasingly shifts towards digital and decentralized finance, Apple's adoption of iEthereum could future-proof its payment systems. By integrating a cryptocurrency like iEthereum, Apple would position itself as a forward-thinking company ready to meet the demands of a rapidly evolving financial landscape.
A Symbiotic Relationship: Enhancing iEthereum Through Tap to Cash
The integration wouldn’t just benefit Apple, but the entirety of the cryptocurrency industry—and iEthereum itself could gain enormously:
Mainstream Adoption: Apple’s massive user base and global influence could introduce iEthereum to millions of new users, driving its value and utility. As more people become familiar with using iEthereum through Tap to Cash or Apple Pay, the adoption of the cryptocurrency for other use cases, such as online purchases, remittances, and investments, could accelerate.
Ease of Use: Apple excels at creating user-friendly interfaces that make complex technologies accessible. By integrating iEthereum, Apple could simplify the process of using cryptocurrency, making it as easy as tapping two iPhones together. This user-friendliness could lower the barrier to entry for those unfamiliar with cryptocurrencies, potentially creating a new wave of iEthereum users.
Increased Liquidity: Integration into Tap to Cash could significantly increase iEthereum’s transaction volume, improving its liquidity. Greater liquidity would make iEthereum more attractive to traders and investors, further cementing its place in the global financial system.
Boosting iEthereum’s Reputation: Partnering with a tech giant like Apple would lend significant credibility to iEthereum. It would signal to the market that iEthereum is not just another cryptocurrency but a viable, trusted asset backed by one of the world’s most respected companies. This could attract institutional investors and lead to further innovations and partnerships in the cryptocurrency space.
Conclusion: The Dawn of a New Payment Era?
As we explore the potential synergies between iEthereum and Apple’s ecosystem including Tap to Cash, it becomes increasingly evident that the future of P2P payments could be more interconnected and innovative than we ever imagined. The integration of iEthereum with Tap to Cash could establish a new standard for digital payments, blending the best of centralized and decentralized worlds.
While this remains speculative, the signs are there, and the possibilities are compelling. Whether Apple and iEthereum will converge in the way we envision remains to be seen, but one thing is certain: the evolution of digital payments is just beginning, and iEthereum could very well be at its heart. As this journey unfolds, those following iEthereum closely will be watching, ready to embrace the future.
iEther Way, We see Value!
If you see value in our weekly articles and the work that we are doing; please sign up for our free subscription and/or share this article on your social media.
Follow us on X (Twitter) @i_ethereum
Follow us on Truth Social @iethereum
Follow us over at Substack for additional fun, fictional iEtherean Tales and more technical iEthereum articles at https://iethereum.substack.com
Follow our casts on Warpcast at @iEAT
Our new Youtube Channel is https://www.youtube.com/@iethereum
Follow us on Gab @iEthereum
If you are currently an iEthereum investor and you believe in the future of this open source software; please consider upgrading to a premium paid sponsorship. A $104 annual sponsorship is currently the greatest assurance your iEthereum investment has a voice in the greater crypto space.
Receive free iEthereum with a sponsorship.
For those inspired to support the cause, the iEthereum Advocacy Trust provides a simple avenue – a wallet address ready to receive donations or sponsorships of Ethereum, Pulsechain, Ethereum POW, Ethereum Fair, all other EVM compatible network cryptocurrencies, or any Ethereum-based ERC tokens such as iEthereum.
Please consider donating or sponsoring via Ethereum address below 0xF5d7F94F173E120Cb750fD142a3fD597ff5fe7Bc
If you are interested in an iEthereum consultation, please sign up for the newsletter, upgrade to a premium sponsorship, and send me an email to schedule payment and appointment.
Feel free to contact us at iEthereum@proton.me with any questions, concerns, ideas, news and tips regarding the iEthereum project.
Thank you
Note: We are not the founders. iEthereum is a 2017 MIT Open Source Licensed Project. We are simply talking about this project that nobody else is while it is publicly listed on several coin indexes.
Do your own research. We are not financial or investment advisors!
Reply