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Feb. 18, 2019

Apple may be working on a blockchain project.

Or, at least, the tech giant may be interested in the technology behind cryptocurrencies — according to a recent Securities and Exchange Commission (SEC) filing: “Summary of Apple’s Commitment to Responsible Sourcing”.

The document published last week, describes the company’s efforts to progressively resort to an ethical and responsible sourcing of materials, particularly minerals, for its consumer electronic devices — namely for its world-popular iPhone.

“[Apple is] committed to going beyond the minimum requirements in order to meet and exceed internationally accepted due diligence standards and protect people in its supply chain [...].” — Is stated in the SEC’s filing.

And the document refers Apple’s involvement in the drafting of “Blockchain Guidelines” for the “Responsible Minerals Initiative” of the Responsible Business Alliance: a common set of standards regarding blockchain’s use to support mineral supply chain due diligence.

However, despite the expectations of many concerning the company’s potential leading role in the blockchain industry, namely in the payments sector, the document does not share anything on Apple’s internal stake on a blockchain-related initiative (if any).

“Just” its interest in the technology. But well, that might be a starting point.

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