Apple

Change

Read

Partner

<ul>
 <li>Apple integrates Ripple’s Interledger in iOS 18 for the ‘Tap to Pay’ system.</li>
 <li>Ripple’s ILP doesn’t require XRP but supports it as a bridge currency.</li>
 <li>Market anticipates a positive impact on XRP value with Apple’s adoption of Ripple technology.</li>
</ul>
<p>The upcoming iOS 18 will feature the integration of Ripple’s <a href="https://interledger.org/developers/get-started/" target="_blank" rel="noopener noreferrer nofollow">Interledger Protocol </a>(ILP), a significant upgrade to Apple’s payment system. Apple and Ripple have collaborated to create a noteworthy product with the new ‘Tap to Pay’ feature that will enable users of the iPhone to conduct transactions seamlessly across devices.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">HOLY SMOKES<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> Apple just implemented Ripple's Interledger technology (ILP) for its Apple "tap to pay" system in IOS 18.<br><br>While the ILP doesn't require XRP , we all know XRP can be used as a bridge currency on the ILP. Relationships matter! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Checkout the video below and… <a href="https://t.co/5U9vPrqgXA" rel="noopener noreferrer nofollow">pic.twitter.com/5U9vPrqgXA</a></p>— Johnny Krypto (@johnnykrypto00) <a href="https://twitter.com/johnnykrypto00/status/1802915832772653399?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 18, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Although Ripple’s native cryptocurrency, <a href="https://xrpl.org/" target="_blank" rel="noopener noreferrer nofollow">XRP</a>, is not strictly necessary for the ILP integration, the necessary infrastructure is in place to accommodate it as a bridge currency. This partnership suggests a possible future in which XRP could play a significant role in Apple’s payment ecosystem by utilizing Ripple’s technology to enable effective, low-cost transactions.</p>
<p>The <a href="https://cryptonewsland.com/xrp-price-bounces-back-despite-a-bearish-macro-finance-week-new-ath-soon/" target="_blank" rel="noopener noreferrer nofollow">market’s reaction to this development</a> has been very positive, and traders are speculating its effect on the value of XRP. The Interledger Protocol from Ripple is intended to offer quickness, clarity, and security for financial transactions. This is demonstrated by the increasing acceptance of blockchain technology in mainstream uses, such as Apple’s ‘Tap to Pay’ system.</p>
<p>The infrastructure of Ripple is designed to securely and efficiently handle huge amounts of payments. The incorporation of Ripple’s technology into Apple’s “Tap to Pay” system showcases how useful it is in daily transactions. As the two companies continue to collaborate, there is great hope for further advancements and increased adoption of blockchain-based payment solutions.<br>The new iOS 18 “Tap to Pay” feature from Apple, <a href="https://cryptonewsland.com/ripple-and-apple-partner-to-facilitate-tap-to-pay-feature-for-making-transactions-between-iphones/" target="_blank" rel="noopener noreferrer nofollow">which incorporates Ripple’s Interledger Technology</a>, represents a major advancement in the development of digital payments. The infrastructure is prepared for the possible inclusion of XRP in the future, but its immediate use is not required. This partnership highlights Ripple’s contribution to the revolution in financial transactions while also enhancing the capabilities of Apple’s payment system.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/bank-of-england-boe-adopts-ripples-interledger/" rel="noopener noreferrer nofollow">Bank of England (BoE) Adopts Ripple’s Interledger Protocol for Payment Settlement</a></li>
 <li><a href="https://cryptonewsland.com/ripple-and-apple-partner-to-facilitate-tap-to-pay-feature-for-making-transactions-between-iphones/" rel="noopener noreferrer nofollow">Ripple and Apple Partner to Facilitate ‘Tap to Pay’ Feature for Making Transactions Between iPhones</a></li>
 <li><a href="https://cryptonewsland.com/apple-and-render-network-partner-to-pioneer-the-future-of-creativity-and-computing/" rel="noopener noreferrer nofollow">Apple and Render Network Partner to Pioneer the Future of Creativity and Computing</a></li>
 <li><a href="https://cryptonewsland.com/crypto-com-enables-apple-pay-crypto-purchases-in-the-usa/" rel="noopener noreferrer nofollow">Crypto.com Enables Apple Pay Crypto Purchases in the USA</a></li>
 <li><a href="https://cryptonewsland.com/apple-raises-eyebrows-damus-bitcoin-tipping-feature-triggers-app-store-removal-threat/" rel="noopener noreferrer nofollow">Apple Raises Eyebrows: Damus’ Bitcoin Tipping Feature Triggers App Store Removal Threat</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/apples-new-payment-system-will-ripples-tech-change-digital-transactions-and-influence-xrp-bull-run/" rel="noopener noreferrer nofollow">Apple’s New Payment System: Will Ripple’s Tech Change Digital Transactions And Influence XRP Bull Run?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Apple’s New Payment System: Will Ripple’s Tech Change Digital Transactions And Influence XRP Bull Run?

Crypto News Land

Other articles published on Jun 18, 2024

Sophon Unveils Liquidity Farming Permitting People to Secure $SOPH Coins

In Pursuit of Riches: The Qubetics Whitelist Preferred Over Bitcoin and Avalanche

MoonBag's Best Crypto Presale in June 2024 Raised Over $2 Million, Surpassing Bitbot and Render

Rivalitas ETH dan SOL Memanas, Ripple Masih Terganjal SEC, sementara BlockDAG Luncurkan X1

Hashdex Dual Bitcoin and Ethereum ETF Filed to SEC with Approval Deadline in 2025

Internet Computer Protocol Introduces Walletless Verified Credentials to Enhance Public Trust

Join our free newsletter for daily crypto updates!