Apple to create virtual currency 'iMoney'
Yesterday, the U. S. Patent and Trademark Organization published a patent application from Apple for - wait for it - iMoney. Apple looks to get into the digital currency game in a way similar to Amazon Coins. The patent is a combination of virtual currency and digital wallet technology. It allows users to store money in the cloud and make payments with their iPhone. Some possibilities for the patent include making money by viewing ads, where the user will receive tokens of iMoney that can be applied toward their mobile carrier costs or redeemed for Apple products and services. There may....
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