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Amazon To Dive Into Digital Currency And Blockchain Development

Amazon, the tech giant, has said that it is going to dive into digital currency and blockchain development with a new major hire within its payments-focused team.

It has been reported that Amazon’s payments acceptance and experience team is seeking a digital currency and blockchain product lead to developing the company’s strategy of digital currency and blockchain as well as a product roadmap. The team is responsible for Amazon’s customers’ payments on Amazon’s sites and through its global services.

However, the new role seeks an experienced product leader with expertise in blockchain, central bank digital currencies, and cryptocurrencies to “develop the case for the capabilities which should be developed” and drive overall product vision.

The report said that the new Amazon digital currency lead will work closely with teams across Amazon to design the roadmap, including the customer experience, technical strategy, and capabilities. The application requires a set of industry-related qualifications, including a “deep understanding” of the digital currency and cryptocurrency ecosystems and related technologies.

Likewise, it’s not clear whether Amazon is considering launching its own digital currency as part of its payment acceptance process with the new position.

The latest job posting reaffirms Amazon’s growing attention to digital currency, as the company has been apparently developing a new service to allow its customers to shop using digital currency.

Thus, earlier this year, Amazon posted a job application to launch a new digital payment product known as “Digital and Emerging Payments,” initially planning to roll out the initiative in Mexico.

Source: Cointelegraph | Image: Wallpaper Cave



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