American Lawmakers Question Apple CEO About App Store's Workings And Its Impact On Emerging Technologies Like Blockchain

Prominent American lawmakers have united and expressed great interest in leading iPhone-making firm Apple, and even gone as far as writing a letter to CEO Tim Cook.

The officials are very intrigued about how the App Store functions, what policies it implements for its usual workings, and whether or not that impacts emerging technologies in the country. The latter includes NFTs, distributed ledger, and blockchain too.

The arrival of this paperwork comes at a time when the tech giant is facing massive criticism across the board by top names in the tech world who feel the policies on the App Store need a lot of work to do.

The letter puts dire emphasis on certain key aspects that are now a part of the company’s initiative which not a lot of others would agree with. Apple last year went as far as blocking the rollout of NFTs without making use of the company’s in-app system for conducting purchases.

Their goal is solely to make more money and they’re willing to alter the guidelines in a manner that enhances profits and limits app utility when it comes down to emerging products like blockchain and its related offerings. Tech firm Coinbase even went as far as allocating accusations that Apple forced it to get rid of all NFT transfers via the Wallet app for iPhone users.

Now, putting all of these things into perspective, the lawmakers are making efforts to call Tim Cook and have him speak on the matter. After all, who better to provide understanding to Congress better than him right?

Clearly, these are some major hindrances by the company that are putting a hold on innovation and the enhancement of technology systems in the US. moreover, they added how it’s high time that Congress is given a clear depiction of guidelines and to what extent they work on the App Store and reflect on why innovation is getting limited because today, NFTs and blockchain are really emerging as strong players in the market. It’s a shame for anyone not to make the most of them.

This is why lawmakers feel the time has come to strengthen the leadership that such technologies offer. Remember, the complete letter entails a long list of questions regarding things such as App Review and how to review processing ensues for plenty of apps out there today, and if the company actually plans on creating more platforms to provide support for such breakthrough technologies.

Previously, we’ve seen the CEO of tech giant Apple outline how cryptocurrency is now an integral aspect of its investment plans. Cook adds how his organization is really looking at the prospects it holds. But for now, there are no plans for immediate rollouts in this domain and he does not plan to make announcements related to the subject soon too.

Read next: Apple Says AirTags Aren’t for Tracking Kids, But Parents Are Using Them Anyway
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