• Google Play has announced its support for blockchain-based apps, requiring developers to be transparent with tokenized assets.
• Apple’s App Store has not made any moves to accommodate blockchain developers, and some critics say the opposite is true.
• Google maintains a strict stance on gambling on assets with monetary value, forbidding apps to accept money for a chance to win a prize, including NFTs.
Google Play Embraces Blockchain
Google Play recently announced its plans to enable new blockchain-based experiences by updating its policy to integrate tokenized assets, including NFTs. Group Product Manager at Google Play, Joseph Mills said “We’re excited to see creative in-app experiences flourish and help developers expand their businesses”. This move will allow developers to reimagine traditional games with user-owned content and monetize by selling these assets. The policy update also emphasizes user protection, requiring apps to be transparent about tokenized digital assets. Moreover, it forbids apps from accepting money for a chance to win a prize or offering blockchain-based loot boxes.
Apple Criticised For Not Accommodating Blockchain Developers
In October 2022, Apple updated its App Store Review Guidelines guiding apps offering cryptocurrency and non-fungible tokens (NFTs). Despite this move, Apple has been criticised for not accommodating blockchain developers as much as Google Play has done which is seen as stifling innovation in the sector.
Google’s Strict Stance On Gambling With Monetary Value
Despite ongoing regulatory issues surrounding the use of cryptocurrencies and other digital assets, Google maintains a strict stance on gambling on assets with monetary value – forbidding apps from accepting money for a chance to win a prize or offering blockchain-based loot boxes.
Will Apple Respond To Google’s Push For Blockchain Support?
The announcement of Google Play’s support for blockchain technology has prompted crypto enthusiasts to question whether Apple will try and catch up? Will they make any moves towards better accommodating blockchain developers? Only time will tell…
Conclusion
It appears that despite ongoing regulatory issues surrounding digital currencies such as Bitcoin and Ethereum, both companies are pushing forward with their respective projects – Google diving head first into embracing blockchain technology while at the same time maintaining regulations against gambling. Whether or not Apple will respond remains unclear but what can be said is that it looks like we’re heading towards an exciting future when it comes to how we interact with our finances!
