iBeacon is the brand name used by Apple Inc. to describe the overall Beacon ecosystem (hardware, software, apps and so on), and is also a standard recommended by Apple to determine how the technology will / should interact with their platform.

It is important to note that Beacons are NOT an Apple monopoly. All the latest mobile OS platforms already support Beacons (the key tech is Bluetooth Low Energy / Smart – not iBeacon).

Know more about iBeacon, please refer to Beacon profile: iBeacon.