Cardano’s native token, ADA, is reportedly set to integrate with Apple Pay, Apple’s mobile payment and digital wallet service. With over 500 million customers comprising Apple Pay’s user base, the move is…
Cardano’s native token, ADA, is reportedly set to integrate with Apple Pay, Apple’s mobile payment and digital wallet service. With over 500 million customers comprising Apple Pay’s user base, the move is poised to introduce the altcoin to a wider audience and likely position it for mass adoption.
This integration is reportedly designed to enable Apple devices to connect with CardanoKit, a kit that facilitates compatibility between Cardano applications and devices within the Apple ecosystem.
The integration will enable developers to incorporate options for ADA payments and Web3 features into applications, while also facilitating ADA purchases, with Apple support made accessible to iPhone users.
Written in Swift and designed to interact with all Apple platforms, including WatchOS, iOS, and tvOS, CardanoKit is expected to go live soon.
The new development comes as many leading tech giants open their doors to digital currencies, as global demand hits record levels. Notably, Apple has recently updated its App Store policy, allowing crypto-based applications to be hosted on the mobile marketplace.
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Cardano’s Charles Hoskinson had previously asserted that regulatory clarity is poised to usher in leading technology giants, such as Apple and Google, among others.
In a bid to align with the growing trend of broader adoption, the Cardano blockchain network notably launched Veridian, an open-source platform wallet designed to serve individuals and organizations. The platform aims to deliver secure, enterprise-ready verification services that protect user data and prevent fraud.
While it remains to be seen how the new development will impact the price of ADA, exposure to a larger audience is likely to attract new users interested in exploring cryptocurrencies through their Apple devices.
At report time, ADA is trading at $0.83, with over 8% in gains achieved over the last 7 days.
