Apple shows interest in blockchain with new SEC filing

15 Feb, 2019 | Updated: 15 Feb, 2019
by Joeri Cant
News
Apple shows interest in blockchain with new SEC filing

U.S.-based technology giant, Apple has submitted a new filing with the US Securities and Exchange Commission, which states that Apple has been working on blockchain guidelines for the 'Responsible Business Alliance’s Responsible Minerals Initiative'.

The filing with the SEC, shows the company’s commitment 'to upholding human rights across its global network of suppliers that support the manufacturing of its mobile communication and media devices, personal computers, and related accessories.'

The document mainly describes Apple’s efforts to ethically source materials for a variety of its products and mentions the fact that Apple has been involved in the drafting of 'Blockchain Guidelines' for the 'Responsible Minerals Initiative'.

Read more: What does Bill Gates have to say about Bitcoin?

The RMI blockchain guidelines were published in mid-December of last year and represent a first industry effort to define a common set of principles, attributes and definitions for the application of blockchain technology to support mineral supply chain due diligence.

However, Apple doesn’t release any details in regards to its blockchain work beyond the fact that it has participated in the RMI blockchain team. Which means that Apple was just one of the possibly, many organizations providing input on that topic.

Even though it can be assumed that Apple had a leading role, the RMI does have another 350 member companies and associations under its umbrella.

For now, this is as far as the Apple's blockchain story goes. Apple apparently is participating in the cryptocurrency universe, mostly behind closed doors, without going showing too much of what is actually happenning.

Read more: Apple introduces a Bitcoin symbol

In a semi-related matter, Chepicap reported in January, that Apple co-founder Steve Wozniak revealed he sold all of his BTC when it hit its all-time-high.

'When it shot up high, I said I don't want to be one of those people who watches and watches it and cares about the number. I don't want that kind of care in my life', Wozniak stated.

Wozniak has said in the past that he has high hopes for Bitcoin and considers it potentially a better store of value than gold or the US dollar.

So, if Wozniak loves Bitcoin, is it OK to say that Apple does as well?

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