According to a recent job listing, Amazon is looking for a Digital Currency and Blockchain Product Lead. This suggests that the company is taking a more serious outlook on adopting cryptocurrency as a staple in its business.
The posting seeks “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 overall vision and product strategy, and gain leadership buy-in and investment for new capabilities,” said the posting.
The hiring signals Amazon’s move to allow users to pay for their purchases with cryptocurrencies. This was confirmed by an Amazon spokesperson in an email to Business Insider.
“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 hiring comes after Amazon posted a series of job listings to launch a “Digital and Emerging Payments” project in Mexico earlier this year.
At present, Amazon currently offers its own managed blockchain service through its cloud-computing service – Amazon Web Services.
The company however does not accept cryptocurrency as a payment method on its e-commerce platform – yet.
With the hiring of a Digital Currency and Blockchain Product Lead, Amazon joins many other big tech companies like Apple and Facebook in the adoption of cryptocurrency and blockchain technology.
Big tech aren’t the only ones adding crypto into their portfolios, financial institutions like JP Morgan, Bank of America and Mastercard are joining the fray as well.
Also Read: JPMorgan Said To Allow Clients to Access Crypto Funds