Amazon recruits head of cryptocurrency product, rumored that it plans to accept Bitcoin as payment

Currently, Amazon does not accept any cryptocurrency payments. But there are also blockchain-related services. Amazon Web Services (AWS), the company’s cloud computing division, provides a service called “custodial blockchain”.

The technology giant Amazon may have new moves in the field of cryptocurrency and blockchain.

On July 25, the London business newspaper CityA.M. quoted sources within Amazon as reporting that Amazon plans to accept Bitcoin payments before the end of 2021.

The source said that accepting bitcoin payments is the key first stage of the entire encryption project. Once a fast and secure bitcoin payment method is established, Amazon will add support for eight cryptocurrency payments including Ethereum. In addition, the source said that in addition to accepting Bitcoin payments, Amazon is said to be exploring the issuance of its own cryptocurrency, possibly as early as 2022.

Jiemian News has asked Amazon officials to verify the news, and so far, Amazon officials have not responded.

Previously, according to a recruitment announcement on Amazon’s official website, the company was hiring a cryptocurrency and blockchain product leader for its payment team, which reflects that Amazon is paying close attention to the cryptocurrency and blockchain fields.

According to recruitment announcement, Amazon’s payment acceptance and experience (Payments Acceptance & Experience) team is “looking for an experienced person in charge of the product, in order to develop the Amazon digital currency and the block chain strategy and produce goods route chart.” It is reported that the position is located in Seattle, Washington.

The company’s recruitment information requires candidates to use their expertise in the fields of blockchain, distributed ledgers, central bank digital currencies and cryptocurrencies to develop use cases for the functions to be developed, promote the overall vision and product strategy, and obtain leadership Recognition and investment in new features.

CNBC reported that Amazon confirmed the recruitment. A spokesperson for the company said in a statement: “We are inspired by innovations in the cryptocurrency field and are exploring what it will be like to be applied to Amazon. We believe that the future will be built on new technologies that can be realized Advanced, fast and cheap payment experience, and hope to provide Amazon customers as soon as possible.”

Currently, Amazon does not accept any cryptocurrency payments. But there are also blockchain-related services. Amazon Web Services (AWS), the company’s cloud computing division, provides a service called “custodial blockchain”.

As early as 2013, Amazon launched “Amazon Coins” (Amazon Coins), which is a virtual game currency, stipulating that 100 Amazon coins are worth $1. Allows users to trade in kindle-based applications and games. Amazon CEO Andy Jassy said in 2017 that the company is not very interested in blockchain technology, but he also admitted that Amazon “is paying close attention.”

Another one Internet network giant Apple Inc. (Apple) in May this year issued a similar recruitment notice, aimed at finding a business development manager, asking them to “pay the alternative digital wallet, BNPL, fast payment, to provide encryption currency Business or work with them”.

On July 22nd, Tesla CEO Elon Musk said when attending a cryptocurrency industry summit that “Tesla is likely to resume accepting Bitcoin as a payment for car purchases.”

On the morning of July 26, the price of Bitcoin suddenly rose by nearly 9% within two hours, approaching the $40,000 mark, and the highest price hit $39,850, a new high since June 17.

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