Did you know that Apple is processing nearly 285 million transactions everyday on its “blockchain” cum permissioned and verifiable data structure. The amount of transactions stated here surprisingly surpasses the “fastest” blockchain network in the crypto industry.
A DeFi persona, who goes by the pseudonym Joe (0xOsprey.eth), teasingly shared that Apple’s high throughput and permissioned blockchain is capable of processing nearly 285 million transactions while securing the encryption behind text messages on iMessage.
Though jokingly, Joe discerned that Apple’s so called “blockchain” is way more outstriping than the Solana, which tends to be the current most efficient blockchain network into the crypto ecosystem.
While comparing Apple’s data structure to a typical blockchain’s functionality, the “premium-tech giant” is much more advanced in processing data inputs. Although it could not be described as a blockchain network, it’s the closest application that blockchain intends to address.
As there is not any solid announcement from Apple regarding the use of blockchain technology into its infrastructure, it has already built the solution for desirable outcomes. Will the company launch a flagship blockchain in near time though?