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Jyoti Singh
Feb 11, 2020

Apple Store Launches Audius- Ethereum-Based Music App

Audius
Apple Store has launched the Ethereum-based music streaming app, Audius app for its 4.5 million followers. The app was launched in late January on the iOS-focused app marketplace and since then it has been performing excellently. Presently, the Audius team is working to launch the app on the Google Play Store.  

The music biz has definitely changed since the days of 45s, 8-tracks, and CDs.

If you’re a musician, get a load of this amazing new tool to share your craft. If you’re a music lover, take on a fresh new way to discover artists ??

The blockchain-based streaming platform was designed to help musicians to build their fanbase. With the help of Audius, the musicians were able to share their tracks with the world. Audius used the Ethereum blockchain network to address the music industry needs. According to the reports, Soundcloud was the tough competitor of Audius. 

Businesses Adopting Ethereum Blockchain

Many of the businesses, especially the large firms are growing their interest and are adopting Ethereum. On April 17, 2019, a list released by Forbes stated the names of the top 50 billion companies that were using Ethereum blockchain. According to Forbes, Amazon and Overstock were also using the Ethereum blockchain for supply chain and retail. Forbes also mentioned that Anheuser-Busch Inbev used the blockchain network for consumer goods and beverages. It also stated that companies like Google, HPE, etc. were using the Ethereum blockchain but for one or two purposes.

Apple Credit Card Users Cannot Buy Cryptocurrency

Earlier, in August 2019, Apple Inc. and Goldman Sachs Group launched their own credit card for their customers, so that they could lead a healthier financial life. The company at the time of launch mentioned that people could not use their cards to buy cryptocurrencies which made headlines.

It was not like Apple was against digital currencies for very long it had been keeping an eye on it. The vice president of Apple Pay, Jennifer Bailey, during an interview mentioned that according to them the cryptocurrency was an interesting concept and it had long term potential. While talking about the future of payment, Bailey, said, “We’re watching cryptocurrency. We think it’s interesting. We think it has interesting long-term potential.”

Apple Store Launches Audius- Ethereum-Based Music App
Jyoti is a graduate from GGSIPU and has done her PG Diploma in English Journalism from IIMC. Presently, she is working as a content writer with Agio Support Solution Pvt. Ltd. Her aim is to provide informative content about cryptocurrency and blockchain, to the tech-enthusiasts.

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