Apple iOS 13 Supports Encryption Wallet. What Does It Mean?

Apple announced that it will introduce CrytoKit (Encryption Development Kit) in iOS13 for secure and efficient encryption operations.

Apple announced that it will introduce CrytoKit (Encryption Development Kit) in iOS13 for secure and efficient encryption operations. 

According to Apple’s official description, using Apple CryptoKit can perform common encryption operations, mainly as follows: 

One is to allow developers to perform common encryption operations. If you generate key pairs, use them in operations such as message authentication and encryption; use public key cryptography to create and evaluate digital signatures. 

Second, in key storage and management, the key can be stored in the Secure Enclave and managed by the key. Secure Enclave is a secure quarantine on Apple for secure data storage. This will allow it to reach the security level of the hardware wallet. 

Third, CryptoKit allows developers to automate tasks without having to deal with tasks in lower-level interfaces, making the app more secure, such as overwriting sensitive data during memory release. 

What does Apple’s move mean? 

First of all, Apple’s move means that Apple’s mobile phone may have the function of hardware wallet in the future. 

Second, Apple does not want to fall behind in the field of encryption. As Samsung phones and HTC phones enter the field of encryption, Apple clearly does not want to lag behind other vendors in this area. As the adoption of cryptocurrency users grows, perhaps Apple will consider integrating cryptocurrency payments into its Apple Pay in the future. 

Finally, the cryptocurrency must reach a certain critical point in order to reach the mainstream population. Only when a critical point is reached, traditional giants such as facebook, Samsung, and Apple will enter the field. Once the giants enter the market, the market will be more Easy access to the fast lane. But the arrival of this day is obviously still a long time, and the current user experience and the volatility of the cryptocurrency need to be resolved.

Source: Blue Fox Notes

LEAVE A REPLY

Please enter your comment!
Please enter your name here