The members of Ripple community insinuate iPhone 11 Pro Unflattering Camera Design is an indication Apple Pay will Use XRP for Payment Settlements.
On 10th September 2019, Apple unveiled its new iPhone 11 Pro and iPhone 11 Max set of handheld devices. It is believed that iPhone 11, Max/11 pro and 11R will replace iPhone XR, XSMax, and XS.
iPhone 11 Features
According to Apple, the new iPhone will have behind it not one, not two, but three HD cameras which will be difficult to miss due to its Ripple shaped logo. According to some Ripple community members, Apple’s decision to release its Ripple logo shaped camera design iPhone 11 might be an indication that the consumer electronic dinosaur, Apple, intends to adopt XRP for its Apple Pay payment settlement service.
The entire market is fascinated with the iPhone 11 design as the new release promises faster processor speeds and a new iOS. With three cameras, customers should brace themselves for a lot of tricks and fun using the iPhone 11.
According to the phone’s description and specification attributes, the FaceID will now function at different angles as compared to one angel on previous phone versions. This will assist users in unlocking their devices when they are on the go and need to access their phones. The OLEDs technology is going to be in use in the latest phone release; however, it is expected that the OLED technology will also incorporate the LCD technology in its mix.
The new iPhone 11 also promotes customers to set up Apple Pay and Apple Cash services during registration, prompting users to agree to the terms and conditions of Apple Cash and Apple Pay. But, speculating that the tech giant will use Ripple’s XRP only because of its camera’s design’s reflection with Ripple’s logo doesn’t look that solid.
One user who goes by the twitter handle Crypto_Sanchez wrote,
Until apple says it’s so then it is; it’s only a Conspiracy Theory. Live by facts and you won’t stress yourself out.
Apple Pay Integrated Ripple Interledger Technology Already
It appears Ripple’s effort in developing partnerships with industry players in all sectors of the economy is bearing fruits. In April 2018, last year, news emerged about a significant partnership between Apple Inc and Ripple. An alliance that was said to be destined to assist Ripple’s default currency, XRP.
The news was backed up by the fact that Apple integrated Ripple inter ledger protocol into its API settlements for ApplePay. Since the integration, the prices of Ripple’s default currency, XRP, have positively reflected pushing the crypto asset to new heights in the crypto and financial market. Also, as for some other reports, Apple added trading pairs of XRP in its application Stock market.
Since its inception, Ripple has managed to cut a name for itself as a significant player when it comes to processing payments over blockchain technology. Major companies such as Apple have been showing interest to join the world of virtual currencies and blockchain. Since the integration of Ripple’s inter ledger protocol into its API, Apple Pay is positioning itself to be a pioneer in the fields and its interesting to see how things will turn out.
The inter ledger protocol of Ripple avails a better payment processing protocol as it manages to resolve all the challenges various card networks experience. According to information availed to us from Ripple’s desk, the long-term plan of Ripple’s inter ledger protocol is to build a global network which will connect virtual assets. Crypto analysts are equating Ripple inter ledger protocol’s vision to HTTP. But concerning the partnerships with Ripple (an alliance), none of the Ripple officials confirmed any partnership with Ripple on request to us yet.
Expounding the advantages of Ripple’s Interledger protocol, the company’s CTO, Stefan Thomas, stated in 2016 that:
“We ensure our customers are not exposed to any risk from either the connectors or any of the other ledgers. The connectors are made up of systems that connect ledgers. The way we ensure top-notch security is by utilizing escrow at each hop of the payment.”
Being a global brand with a massive following, if it stands true, Apple’s integration of Ripple’s product in its Apple Pay service will surely have a positive impact on the number 3 ranked crypto asset by market cap.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.
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