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Apple’s New SEC Filing Hints of Blockchain Project in the Works

In Apple’s recently filed Securities and Exchange Commission (SEC) documents, it mysteriously contains the company’s interest in blockchain technology.

The document called “Summary of Apple’s Commitment to Responsible Sourcing” refers to the company’s commitment to sustain and defend human rights across its global network through its media devices, mobile communication, personal computer, and accessories.

Aside from these given details, the company also filed a draft for its Blockchain Guidelines. Thus, creating a hint that the tech giant might be adopting the Blockchain technology for its business. Apple is set to be the first one in the industry to draft specific guidelines, principles, and attributes to support the supply chain with due diligence.

In fact, this move by Apple to consider utilization of Blockchain Technology started in 2018. The tech giant has worked with different committees and groups or so-called ‘blockchain team’ to master this innovation.

It is quite definite that Apple is moving forward to support such technology that will eventually be used by many of its users. Moving on, there has been some patent filed for the Blockchain platform and its combination with Public Key Infrastructure or PKI.

Blockchain payments by the tech giant would be the first one to introduce as per the current stature of the filings. The company is also working on its supply chain to make it readily available for launching soon. Different solutions using the Blockchain technology shall be expected from Apple.

No formal announcements yet made from the tech giant. It is expected to be out or revealed officially this year, 2019.

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