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Electroneum (ETN) has Landed Approval for App Update from Apple

On 15th May, Electroneum, the mobile-based payment solution made an announcement of Twitter. They shared the good news about Apple approving its request for the recent update in their app on the Apple Store platform. What effect this update would have on the iOS users? Well, as per the post, the users can now enjoy a “faster 30-60 second registration process.” To top it up with some more good news, the company further added that the users stand a chance to win instant rewards in ETN. The audience got pretty excited with the Twitter announcement as the post crossed one hundred re-tweets level, it got three hundred twenty hearts, and forty-four comments by far.

On the other hand, earlier this year, the mobile-based payment solution company- Electroneum announced the approval of its mining application by Apple. After the approval, the company announced that the application will go “out to our first 100 Beta testers.” The approval took less than 48 hours, which was quite impressive.

The fact that ETN is getting green signals from the mobile tech giant- Apple, it reflects competence, the strength of the project and the world-class thinking on ETN’s part. Further, Apple, with its huge user base, will only boost confidence and business for ETN in the coming times.

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Looking at the market performance of ETN, at the press time, the rate of ETN was 0.00446815 U.S Dollars. In the past 24 hours, the trading volume of the crypto was 969,741  U.S Dollars, with the circulating supply of 9.46 Billion coins with a maximum of 21 Billion coins.

Apple has not been kind to all the approvals:

The recent example involves Apple (AAPL) App Store and Binance’s Trust Wallet. AAPL App Store has dismissed the proposal of an update to the Binance owned ‘Trust Wallet.’ Binance is an established name, and the crypto wallet supports crypto tokens such as Bitcoin BTC, Ethereum ETH, ERC- 20, ERC-223, ERC-721, and many more such coins. Apple’s rejection was the second rejection within seven days. In his post, the founder of Trust Wallet- Viktor Radchenko pointed at how the decentralized apps are getting censored.

Apparently, this kind of censorship is not new. Since the past two years, the decentralized apps are getting dismissed on the App Store. Since Apple can’t directly control all the decentralized applications that are supported by the Binance’s Trust Wallet, censorship may end up Binance’s Trust wallet to chart out a detailed list to Apple about all the decentralized apps it will allow the users to use on the platform. Only by revealing the list of the decentralized apps, there will be any chances of Trust wallet to get accepted by Apple, as per Radchenko. On this, the founder of Trust Wallet said,

Only one solution has been given by Apple: Remove access to decentralized applications, no questions asked. […] “It is not something very new or surprising, it has been an issue for all the dapp browsers for the past 2 years on the App Store.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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