Did you know that Apple is processing nearly 285 million transactions every day on its “blockchain,” cum-permissioned and verifiable data structure? The number 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 in 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. This verifiable data structure transacts sign encrypted keys of messages.
Although it cannot be described as a blockchain network, it’s the closest application that blockchain intends to address. For a blockchain, it had to have a consensus.
As there is not any solid announcement from Apple regarding the use of blockchain technology in its infrastructure, it has already built the solution for desirable outcomes. Will the company launch a flagship blockchain in the near future, though?