Search Results for: Jan Schakowsky

In an unfolding narrative around Apple and its App Store guidelines, questions arise about whether these constraints are hampering blockchain technology and non-fungible tokens (NFTs). With inconsistencies in their approach to crypto applications, the company is accused of stifling potential while ensuring a prolonged revenue stream.

“Recent actions in the technology sector highlight the relationship between tech giants and blockchain and nonfungible tokens (NFTs). A probe into Apple’s App Store policies by US lawmakers aims to analyze if these guidelines indirectly slow technological progress. The lawmakers raise concerns about the impact of Apple’s rules on innovations like distributed ledger technology and NFTs, and potential negative consequences on the US’s status in emerging technology.”