Now you can buy with cryptos like bitcoin, Amazon starts this facility soon.
Welcome back to our informative blog site knowingsteps360 with a new IMP News. In view of the growing trend of bitcoin and other cryptocurrencies, the world's leading e-commerce company Amazon may soon allow its users to make payments in cryptocurrency like bitcoin. Amazon is recruiting digital currency and blockchain experts for its payments team. Amazon's Payments Acceptance and Experience team is looking for an experienced product leader to develop Amazon's digital currency and blockchain strategy and product roadmap, according to a recent job listing.
The leader in products such as Cryptocurrency will work closely with Amazon's various teams to develop a roadmap for customer experience, technical strategy, and capabilities as well as launch strategy. Amazon does not yet accept cryptocurrencies as a form of payment.
It Will start as an experiment
According to a company spokesperson, Amazon's move is inspired by innovations in the cryptocurrency space and it is trying to figure out how it could pan out for Amazon. Amazon's cloud arm currently offers a managed blockchain service.
The company further added that new digital currency and blockchain product leads will need to operate with a high degree of autonomy, operate analytically, etc. to create new and innovative solutions to unsolved problems.”
Apple also started
Earlier in May, Apple had also listed a similar post. This post was for a Business Development Manager to work with alternative payment providers like Digital Wallets, BNPL, Fast Payments, CryptoKitties, etc.
Tesla and Twitter also have hope
Tesla and Twitter are also optimistic about bitcoin as the next payment mode. Twitter CEO Jack Dorsey said that the online world needs a global currency, and our focus is on bitcoin because with this cryptocurrency everyone on earth can be reached.
Tesla CEO Elon Musk has also confirmed that the company may resume payments in bitcoin once due diligence is completed on improving the energy mix used for mining the cryptocurrency.
May Accept Bitcoins at The end of the year
But, on Monday denied a media report saying the e-commerce giant was looking to accept bitcoin payments by the end of the year. The report citing an unnamed "insider", sent the world's biggest cryptocurrency up as much as 14.5 percent before it trimmed gains to last trade 6 percent higher at $37,684.04 (roughly Rs. 28 lakhs).
"Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true," said a spokesperson from Amazon.
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