UPDATE (30th July 11:44 BST):Â Users have reported a bug in the denomination functionality on Blockchainâs iOS app whereby orders are being billed in âbitsâ â also known as âuBTCâ â rather than âBTCâ. For example, a user buying an item would click the âPay with Bitcoinâ link, but their wallet (configured to display in âbitsâ) would send .0843 bits instead of .0843 BTC. CEO Nic Cary says a fix will be implemented in the appâs next update âimminentlyâ.
Following Appleâs controversial removal of iOS bitcoin apps in January, the first of the big-name wallets relaunches on the App Store today.
Blockchain, which already provides hugely popular wallets for both desktop computers and Android devices, has unveiled its new-from-the-ground-up iOS wallet, which it hopes will bring bitcoin to users across the globe.
Prior to Appleâs removal of all apps offering cryptocurrency transactions in January 2014, Blockchain was the most downloaded bitcoin wallet for iOS devices.
Blockchainâs announcement will likely come as welcome news for the bitcoin community, which protested loudly at Appleâs ban â with some users even shooting their iPhones in an unlikely show of support.
However, for reasons known only to Apple insiders, a new, more open policy was announced at the Worldwide Developerâs Conference in early June, paving the way once more for bitcoin wallets and other apps that transact using cryptocurrencies.
In the weeks since then, the App Store has seen the addition of several bitcoin apps, including an unofficial wallet for Coinbase users and Gliph, a messaging service that lets connected users send each other bitcoin. However, Blockchain is the first of the major players to offer wallet services on iOS since early 2014.
Nicolas Cary, CEO of Blockchain, told CoinDesk:
âThe moment Apple signalled a shift in their policy toward digital currency apps, we pulled the iOS project off the shelf and got to work. We wanted to use this as an opportunity to improve the wallet, but we were still apprehensive about dedicating huge amounts of engineering time because it wasnât clear what types of apps would get through the submission and approval process.â Â
He added: âWorking with Apple has been quick and easy, and we really appreciate their thoughtful guidance â itâs a partnership we really value.â
As well as exchanging bitcoin between wallets, Blockchainâs app also allows iPhone and iPad users to make purchases from the fast-growing number of merchants that accept bitcoin â both online and in physical outlets.
That list has this year expanded to include major retailers such as Overstock, DISH, Expedia and, most recently, Dell (for more, see our guide to bitcoin-accepting merchants).
Cary said that Blockchain has rebuilt its wallet app from scratch to improve security, enhance performance, and introduce a new user experience. He explained:
âThe app strikes a strong balance between functionality and security. At Blockchain, we always believe in putting users firmly in control of their funds and that hasnât changed with the new iOS wallet. Youâll also find a new security PIN screen and we have updated the default minersâ fee when sending transactions.
Cary told CoinDesk that the new wallet for iOS will be available for users to download from the App Store today, adding:
âWe invite bitcoin enthusiasts everywhere to give it a try. Weâre looking forward to adding exciting new functionality going forward, including the very popular Merchant Map from our Android Wallet. Stay tuned for lots of updates.â
He further explained that the return to Apple iOS is âhugely important for bitcoin in general and very exciting for Blockchainâ. The release of the app means that the millions of iOS users around the world will now have the opportunity to experience bitcoin first-hand, Cary indicated, adding:
âFurthermore, this confirms that Apple is welcoming back the development community to invest, build, and create bitcoin apps again.â
Blockchain is currently the most popular bitcoin wallet in the world with over 1.9 million users. Its website, Blockchain.info, also hosts bitcoin charts, currency statistics, and a block-chain explorer.
Disclaimer: This article should not be viewed as an endorsement of any of the companies mentioned. Please do your own extensive research before considering investing any funds in these products.