Monday, 26 July 2021

Amazon could soon accept Bitcoin and other cryptocurrencies as payment.

At this time, Amazon does not accept cryptocurrency as a form of payment.!!!!

According to the company, the new digital currency and blockchain product lead would "need to operate with a high level of autonomy and analytically, working backwards from data and customer insights to generate new and inventive solutions to unresolved challenges."

Tesla used to accept bitcoin as a payment mechanism, however, Elon Musk eventually ceased doing so.

Amazon is hiring a digital currency and blockchain product lead for its payments team, meaning consumers may soon be able to pay in cryptocurrencies like Bitcoin. Amazon's Payments Acceptance & Experience team is "seeking an experienced product leader to develop Amazon's Digital Currency and Blockchain strategy and product roadmap," according to a recent job posting. Amazon is hiring a digital currency and blockchain product lead for its payments team, meaning consumers may soon be able to pay in cryptocurrencies like Bitcoin.

A managed blockchain solution is presently available from Amazon Web Services (AWS), the company's cloud division.

Let's wait and watch...

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