Amazon hires executive to lead cryptocurrency strategy

Amazon has posted a job listing for a “Digital Currency and Blockchain Product Leader” at its Seattle offices.

It appears that Amazon is looking to delve into digital currency and blockchain technology with a new job posting on its website. listing is for a digital currency and blockchain product leader who is part of their Seattle-based acceptance and payment experience team. team is responsible for all customer payments globally on Amazon sites.

listing indicates that the team is looking to add a specialized product leader to develop Amazon’s strategy for digital currency and blockchain products. position requires the Product Manager to use their expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies (CBDC), and Cryptocurrencies to create a product roadmap for the future. Cases should be made for different digital currencies and whether they should be adopted by Amazon.

new advantage will also boost the overall vision of the product, shaping the future of Amazon in the world of digital assets.

Amazon’s interest in cryptocurrencies

While Amazon hasn’t taken many public steps towards adopting the use of cryptocurrencies, this most recent job announcement points to a possible future where consumers can use digital currency to buy things on Amazon.

Amazon’s interest in cryptocurrencies as a means of payment has changed over the years. In 2017, then-Vice President of Amazon Pay, Andy Jassy, ​​tolD. CNBC that the company had no intention of accepting the crypt because there was no request for them to do so. Now, in 2021, the demand has grown and Amazon seems to have changed its mind.

Also Read Cryptocurrencies Will Play A Role In Future Economies – Most Deloitte Survey

It’s worth noting that this new job listing is by far the only blockchain or cryptocurrency-related job on Amazon’s website. It’s just that the other lists are not as important as the product leader. In fact, there are dozens of blockchain-related listings on Amazon’s job board in software development, IT operations, and sales advertising and support engineering, and account management.

In a statement to Business Insider, an Amazon spokesperson confirmed the job announcement, adding: “We are inspired by the innovation that is taking place in the cryptocurrency space and we are exploring what it might look like on Amazon. We believe that the future will be built on new technologies that enable cararn, fast and cheap payments and we look forward to bringing that future to Amazon customers as soon as possible.


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