Apple hasn't been tied to any cryptocurrency projects to date, but an executive says the company is looking at the technology.
In considering what types of applications Apple may consider, Bailey hinted that cryptocurrencies and QR code-based systems like those used in China could be alternatives to credit cards for small businesses that have to pay for every swipe.
"If you look at QR code payment solutions, if you look at the long-term potential of cryptocurrency, I think you'll continue to see that change over time," she said. Bailey touched on other topics, including potential features coming for people interested in financial health, and tools Apple built into the iPhone's wallet software to help with budget spending.that Apple addresses on its website. Fabrics like leather and denim can cause permanent discoloration to the card.
"Some of the people who worked on the Apple Card, designers, are the same people who lovingly and currently designed our other products," she said. "And so the attention to making sure it's perfect is a part of the culture."
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