The recent job opening on the Apple website has had everyone wondering what new trend Apple is going to set. The job post titled “Business Development Manager – Alternative Payments”. This new post is expected to be filled by an experienced person who knows about alternative payments and can help define new commercial streams in the market.
This bold move from the global software company Apple shows the recent trend of moving towards digital assets and alternative payments. The job post is looking for a professional who has a minimum of 10 years of experience with 5 years of experience in digital payments, wallets, and assets.
The job post for sure looks compelling and shows how Apple moves towards the new trend of digital assets, the so-called alternative payments. However, no official statement has yet been released from Apple about their new plans and collaborations. However, interestingly Coinbase, a cryptocurrency exchange application, took over TikTok as the most downloaded application from Apple’s App Store.
Apple has managed to sustain its position as the largest company traded in the U.S. With a market capitalization of over 2 million dollars, it can permanently bring about a big change in the market trend if Apple invests in cryptocurrency.
Paul Steves, an analyst from the Royal Bank of Canada Dominion Securities, further stated that if Apple decides to be a part of the cryptocurrency, then it can “immediately gain market share and disrupt the industry”. Apple can open ventures and venues towards multi-billion-dollar opportunities.