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Aug, 2021

Amazon Wants to Hire Blockchain-Experienced Person

The Payments Acceptance and Experience Department from Amazon announced that it will hire a person with experience in blockchain and digital currencies. The goal for this hire is the strategic design for Amazon regarding digital currencies and the productization of services around them.


Amazon’s goal, which is the largest multi-store in the world, is not only to accept payments in cryptocurrencies (something that will need also a clearing department for handling those transactions) but also to issue new products related to cryptocurrencies.


It is worth noting that there is a blockchain product delivered from Amazon, which runs on AWS and creates revenue streams for the company.


We expect the see how this move will affect the cryptos’ prices as well as the strategy from other companies regarding this issue.