iPhone mobile application buy and sell Bitcoin

Apple Inc. (NASDAQ:AAPL) has closed the last remaining iPhone mobile application that enabled users to shop for and sell Bitcoin. BlockChain was the last application, and by currently it's been downloaded 120000 times by the users to carry and pay Bitcoins.

Apple Bitcoin
Apple designing own payment system

Apple planning own payment system?

According to BlockChain chief govt Nicolas Cary, Apple Inc. (NASDAQ:AAPL) has taken the step as a preventative live to safeguard the mobile payment system it's developing. “It’s documented that Apple is developing its own payment system,” he said. “They square measure building a walled garden to interfere with innovation.” Apple didn't investigate the problem.

The latest report from the Wall Street Journal aforesaid that Apple INC. (NASDAQ:AAPL) has stepped up efforts to form proprietary systems which will enable users to form payments with associate degree iPhone.

Prior to this, Apple Inc. (NASDAQ:AAPL) had pack up all the Bitcoin connected apps. For Bitcoin, the choice from Apple comes as a blow as a result of the digital currency is troubled to realize the approval and support of regulators and governments all round the globe. Users WHO have already got the app in their mobiles will use it as before, however they'll not be any upgrade within the app or alternative updates from the shop.
Apple’s call “anti-competitive”

The iPhone maker sent associate degree email to BlockChain particularization that the app has been closed from the App store because of associate degree unresolved issue. Cary aforesaid that Apple INC. (NASDAQ:AAPL) didn't inform of the closure of the app antecedently, and therefore the app remained unmodified  since it got authorization for the shop 2 years agone.

BlockChain termed Apple’s call as “anti-competitive” and “censorship”. BlockChain makes Bitcoin value effective and a competitive threat to ancient finance facilities. BlockChain’s business development govt Roger Ver sealed the news that Apple INC. (NASDAQ:AAPL) has removed the last remaining Bitcoin billfold from the app store. Ver lamented that the Apple individuals ne'er told them the problem behind closing the app.

“There was no notice, they sent a proper email to mention your app has been removed because of ‘unresolved issues’ – that’s the phrasing that they used,” Ver said.

Ver aforesaid that Apple INC. (NASDAQ:AAPL) created a one-sided call to get rid of billfold app. Bemoaning the ban; Ver aforesaid “A native app may be a cleaner, easier user expertise than doing one thing through an online browser.” He additional that Apple would notice its mistake and alter the policy consequently.

Before BlockChain, Apple Inc. (NASDAQ:AAPL) removed digital wallets like Coinbase and Coin jar from its transfer store.

 Full Artical > http://www.valuewalk.com/2014/02/apple-inc-removed-bitcoin-app/