Want to refuse or welcome? Amazon enters the digital currency “what medicine is buried in the gourd”

Since tech giants such as Tesla and SpaceX began to enter the digital currency market, online retail giant Amazon has not been outdone and has shown its ambitions in this emerging field. Just last week, Amazon issued a message to recruit people in charge of digital currency and blockchain products, which aroused people’s attention.


It is reported that the person in charge of digital currency and blockchain products recruited by Amazon this time needs to “utilize expertise in blockchain, distributed ledgers, central bank digital currency, and cryptocurrency to develop functional cases, and also include AWS (Amazon Web Services, is the cloud computing department of Amazon, which mainly provides infrastructure support for other companies to build software and technical products) and the Amazon team worked closely to develop a roadmap, including customer experience, technical strategy and capabilities, and release Strategy. Once the news was released, it quickly “spurred” Bitcoin to soar to $40,000, and Amazon’s stock price rose by about 1%.

In addition, there is news that Amazon plans to accept bitcoin payments before the end of the year and launch its own cryptocurrency in 2022. However, an Amazon spokesperson quickly denied the report and said that although they are interested in the field (cryptocurrency), the speculation surrounding Amazon’s specific cryptocurrency plan is not true and they will still focus on Explore what kind of service and experience should be provided to customers on the Amazon platform. At this stage, Amazon does not allow customers to use any cryptocurrency to pay, but its cloud service infrastructure AWS is a blockchain technology infrastructure product.

Not only that, the spokesperson also added in a statement that the company is currently inspired by innovations in the cryptocurrency field and is exploring how to apply cryptocurrency on the Amazon platform, and believes that new technologies in the future will surely support the realization of fast, affordable and modern Payment service, and hope that Amazon customers can get this service as soon as possible.

Although Amazon has denied false reports, there is no doubt that Amazon has already begun to explore digital currency. In order to cater to the interest of young people in cryptocurrency and the favor of tech-savvy shoppers for cryptocurrency, it has to be said that Amazon is indeed “interested” in cryptocurrency, which can be seen from an event a few years ago. Clues. At that time, Amazon CEO Andy Jassy (Andy Jassy) attended an AWS company event. At the press conference, he said that the company is paying close attention to the development of blockchain technology, but he holds the technology. He was skeptical and said that because it has not seen a wider range of practical use cases for blockchain than using distributed ledgers, Amazon will not deploy applications because a certain technology is cool, only when this technology can solve customer problems and build services It is built only when it is the best way to solve the problem.

We see that the rise of the cryptocurrency industry at this stage has attracted many technology companies. The first is the much-watched Tesla company led by billionaire Elon Musk. At the beginning of this year, Tesla made a sensation when it announced that it would accept Bitcoin as a payment to buy a car, and the price of Bitcoin skyrocketed. But in May, after Elon Musk announced that Tesla would no longer accept Bitcoin as a payment option due to environmental concerns, the price of Bitcoin began to dive. At the beginning of July, Musk said that Tesla would resume accepting Bitcoin in the future. In addition, he also revealed at the “The B Word” conference that another SpaceX company also holds Bitcoin.

Secondly, the payment platform PayPal added support for cryptocurrency transactions such as Bitcoin, Ethereum, Litecoin, etc. to its applications at the end of last year. According to reports, users who use cryptocurrency transaction functions now log in twice as often as before. . And its mobile payment software Venmo also began to support cryptocurrency transactions in April this year, allowing specific customers to buy, sell and hold digital currencies.

It now appears that although the Amazon spokesperson claimed that the speculation surrounding Amazon’s specific cryptocurrency plan is not true, it may only be a matter of time before they enter the digital currency.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/want-to-refuse-or-welcome-amazon-enters-the-digital-currency-what-medicine-is-buried-in-the-gourd/
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