Posted 10 months ago | by Catoshi Nakamoto

Amazon’s e-commerce branch has put out a job offer for its payments team seeking a digital currency and blockchain expert.

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According to a job posting on Amazon’s website, the e-commerce giant’s payments acceptance and experience team is looking to hire an “experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap.”

“You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive the overall vision and product strategy, and gain leadership buy-in and investment for new capabilities,” according to the job posting reported by Business Insider.

The position will be based in Seattle, Washington, Amazon’s headquarters and applicants will be working within Amazon’s Payments Acceptance and Experience team.

Amazon confirmed the job posting to CNBC with a spokesperson saying the following:

“We’re inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon. We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible,” the spokesperson said.

Amazon has previously, posted a job application for blockchain experience in advertising in 2019, stating it was seeking a “senior software engineer” to join its “Advertising FinTech team focused on a Blockchain ledger.” Another job post earlier this year stated that Amazon Mexico had a product that would be used to convert cash into digital currency.

“This product will enable customers to convert their cash in to digital currency using which customers can enjoy online services including shopping for goods and/or services like Prime Video,” one job post said of Amazon’s “new payment product,” the job post said.

Earlier this year, Amazon launched Ethereum on its AWS-Managed Blockchain service as Bitboy Crypto previously reported.

Ironically this blockchain transition for the company and now a potential launch of accepting digital currency payments are after Jeff Bezos stepped down from Amazon. Bezos was replaced by AWS CEO Andy Jassy, who previously offered a mixed review of blockchain technology and its applicability to Amazon’s business in 2017.

In a statement at the Amazon “re-invent” conference in 2017, Amazon’s incoming CEO Andy Jassy expressed doubt that blockchain could be used for more than a “distributed ledger” but also said he and his team were personally interested. However, company policy dictated that they don’t “build technology [just] because we think it is cool.”

In 2018, Jassy eventually allowed blockchain technology as he oversaw the launch of two blockchain products: Amazon Quantum Ledger Database and Amazon Managed Blockchain.

Besides Amazon, there is also Wallmart, IBM, Infosys, Microsoft, UPS, and other big names that are exploring the use of blockchain technology. These companies are trying to implement Blockchain Technology in their daily business operations and to make their work more efficient. Amazon now offers several “blockchains as a service” through AWS, which it first started releasing in 2019. Although Amazon’s first step into blockchain was actually in 2018, with a partnership with a company called Kaleido, a start-up company that was born out of leading blockchain incubator Consensys, CNBC reported at the time.

Amazon also discussed last year about integrating blockchain technology for its supply chain, for “verifiable tracking of an item through a supply chain using a distributed electronic ledger,” Yahoo reported.

The company further wrote in a United States patent application that it can be challenging, if not impossible, to ascertain the trustworthiness of a party as activities move online and internationally. It noted, “Trust is earned. Once trust is lost, it can often be difficult to regain.”

Additionally, last year Amazon AWS added smart contracts to Amazon Web Services’ Quantum Ledger Database, or QLDB thanks to tech company Blockchain Technology Partners.

So Amazon’s interest in blockchain technology has expanded over the years and now, the company is looking to hire an expert in digital currency and blockchain technology. It’s also worth mentioning that Shaan Puri who serves as Twitch.tv’s director which is owned by Amazon previously declared on Twitter that he put 25% of his net worth into Bitcoin. Puri believes that Bitcoin presents “a rare opportunity to front-run a wave of institutional capital.”

Bitcoin is currently trading at [FIAT: $32,507.79] UP +0.6% in the last 24 hours according to Coingecko at the time of this report.

About Catoshi Nakamoto

c6ea0c3794492f30883e516d39b2597a?s=90&d=blank&r=g Amazon Puts Out Job Offer For Digital Currency LeadActivist/Journalist, former writer - We Are Change, The Mind Unleashed, Coinivore, others. Currently writing for - Activist Post and Bitboy Crypto. Not Right or Left Apolitical. I Care About Truths (CATS.) Cryptocurrency enthusiast, I mined and lost 100+ BTC in 2010-2011. I work with - Bitboy, SoMee, CEEK, Presearch, and W3BT aka FMW Media Group. Friend of mostly everyone who isn't a dick. Just A Cool Cat.