Amazon may soon allow users to pay in bitcoin and other cryptocurrencies. The global e-commerce giant is looking for a digital currency and blockchain product chief for its payments team, Amazon’s latest job posting has suggested. “The Payment Acceptance and Experience team is seeking an experienced product leader to develop Amazon’s digital currency and blockchain strategy and product roadmap,” Amazon said in a recruitment post.
“You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currency and Cryptocurrencies to build a case for the capabilities that must be developed, drive the overall vision and product strategy, and lead to new capabilities.” Acquiring purchase and investment,” the company added. Product leadership will work closely with Amazon’s teams, including Amazon Web Services, to develop a technical strategy for a better customer experience.
According to market experts, this is a clear indication that Amazon is exploring cryptocurrency payment options on its platform. “We are inspired by the innovation happening in the cryptocurrency space and exploring what it might look like on Amazon. We believe the future will be built on new technologies that enable modern, fast and cheap payments. We are, and hope to bring this future to Amazon customers as soon as possible,” said a media statement shared by Amazon.
The world’s largest online retailer does not yet accept cryptocurrencies as a form of payment.
Last week, Tesla CEO Elon Musk said that the electric carmaker will soon start accepting payments in bitcoin. Musk said, “I wanted a little more diligence to confirm that the percentage of renewable energy use is 50% or more, and there is a tendency for that number to increase, and if so, Tesla will be accepting bitcoin again.” Will start” B Word Conference. “The most likely answer is that Tesla will start accepting bitcoin again,” he said. In May, the carmaker stopped accepting bitcoin for car purchases, citing the cryptocurrency’s impact on the environment.
Earlier in May, Apple was also looking for a business development manager “working in or with alternative payment providers, such as digital wallets, BNPL, fast payments, cryptocurrencies, and more.”
Internet needs a global currency: Jack Dorsey
Meanwhile, Twitter CEO Jack Dorsey said the online world needs a global currency. “If the internet has a native currency, a global currency, then we are able to move faster with products like super follow, e-commerce, subscriptions, tip jars and we can reach every single person on the planet,” Dorsey said during one. Investors’ call last week. “There are three trends that are relevant to Twitter and our shareholders. AI, decentralization and the Internet, ultimately bitcoin has access to a global native currency. All of these will help us do our jobs better and we intend to lead each in the way,” he insisted.
“Most people use internet on mobile. Any solution we build should provide an excellent experience while using mobile despite its drawbacks and liabilities. “An unshakable focus on mobile interactions is likely to involve most people,” said Dorsey, a staunch supporter of bitcoin.
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