Amazon Is Trying Out Its New Blockchain Coin In Mexico

Amazon is preparing to infiltrate the crypto business, as the e-commerce giant is looking to launch a pilot project in Mexico that seeks to build a team that develops new solutions based on “digital currencies.”

Just another Facebook-Libra situation? Methinks not. According to a job posting, Jeff Bezos’ multinational firm was on the hunt this week for a Software Development Manager for the division of “Digital and Emerging Payments.” The job role has been reportedly filled as the offer is no longer available.

Amazon stated in the job ad that the new payment product will be deployed on an initial stage in Mexico. One part of the description noted that, “this product will enable customers to convert their cash into digital currency using which customers can enjoy online services including shopping for goods and/or services like Prime Video.”

The role requires an expert in computer science or engineering, with experience managing the delivery of distributed software systems. Moreover, Amazon clarifies that it expects to build a tech team to build payments solutions that target “emerging markets.” The chosen person must be Seattle-based. Also, it’s not mandatory to have any specific blockchain or crypto-related background. Bezos To Step Down After Dominating The Pandy

Amazon’s new CEO Andy Jassy

Amazon just appointed Andy Jassy as the new CEO, after Jeff Bezos stepped down from the role. In fact, since some time ago, Jassy had been showing an interest in blockchain technology and exploring it to adopt solutions for new payment options. Jassy was the CEO of Amazon Web Services at the time.

So far, the e-commerce giant has not publicly addressed its plans on deploying this upcoming digital currency solution in Mexico. However, the move comes in the wake of mainstream companies’ announcements related to Bitcoin investments or crypto adoption in general. NBA TopShot: The Digital Asset With Over $230 Million In Transactions

Recently, Elon Musk’s company Tesla announced in a SEC Form 10-K filing that the firm had purchased $1.5 billion worth of Bitcoin. On February 11, the payments giant Mastercard revealed that it is preparing to allow a number of cryptocurrencies to move through its network directly.

Weird if true.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s