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Apple Job Posting Raises Questions About Company’s Crypto Plans

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Apple has listed a new crypto-related legal position. To collaborate with the Apple Pay and Wallet teams, the company is looking for senior counsel with legal knowledge in blockchain and digital assets.

The person would join the Product Legal department in New York and help with “identification projects for the Apple Pay and Wallet team.”According to the job description, the person would be responsible for supporting and advising on a wide range of Apple Pay and wallet-related issues. 

The job posting reflects Apple’s expanding interest in blockchain and digital assets. The company is said to be working on crypto-related projects. Apple announced a job posting for an alternative payments partnership in May of last year, requiring the candidate to have more than five years of experience with cryptocurrencies.

CEO Tim Cook has stated that the corporation is looking into cryptocurrency, but has provided little specifics thus far. In September 2019, Jennifer Bailey, VP of Apple Pay, stated that the business is “monitoring cryptocurrencies” and feels it has “interesting long-term potential.”

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The company then hired Jeff Bronikowski, Warner Music’s former head of technology innovation, who was working on a number of blockchain initiatives to produce digital assets utilizing a public blockchain called Flow, in February 2020.

The firm has also hinted at a push into the metaverse, which would fit in nicely with any aspirations for digital assets. It is competing for space with many other prominent IT companies, including Microsoft and Meta.

For cryptocurrency purchases, Coinbase has already integrated Apply and Google Pay. On iOS, Apple Pay is also linked with the MetaMask app. All of this has made it much easier for newcomers to enter the crypto space.