We know you can pay for things using bitcoin in a variety of ways: a nod of the head, a shake of your device, or even the old-fashion QR code. However, thanks to Apple’s highly-anticipated iOS 8 update, and a group of developers, things could become even easier.
Apple’s upcoming iOS 8 update, rumored to be released this fall, will allow for 3rd party app developers to integrate Touch ID fingerprint technology solutions.
In short, this means that when integrated with iCloud Keychain, users will have a simple solution for mobile bitcoin apps that require the need for the signing of transactions and storing private keys. Aside from providing increased user security, the integration will make it possible for users to send and receive bitcoin with nothing but the touch of the finger.
Developers Matt and Devin of chain.com (The Block Chain API for Developers) have already begun working on this technology in anticipation of Apple’s new release. Below is a quick demonstration of the open source Bitcoin wallet that according to the devs uses the iOS 8 Touch ID API to securely store your private key within your Apple Keychain, which can only be accessed with your fingerprint.
The Touch ID fingerprint bitcoin app is completely open source, available on github.com, meaning that it can be used as the foundation for numerous purposes, whether that be games, social media apps, or whatever you desire to create using the implementation of bitcoin.
Send bitcoin with your fingerprint in iOS8 with Touch ID (video): http://t.co/l8URe2jHwm
— Chain (@chain) July 17, 2014
The demo proves just how efficient bitcoin transactions may soon become. The app, according to Matt and Devin is powered by Chain’s API, so it is fast, reliable, and will scale with your application.
Image Credit: dailytechpage