Amazon seeks to look into Blockchain amongst latest hype

Amazon displays a lenient approach towards digital currencies as a new job listing was posted on Friday on the e-commerce site seeking a digital currency and blockchain specialist to lead its payments team.

As one of the biggest e-commerce companies in the world, Amazon is responsible for securing some of the widest transactions through various payment methods.

The tech giant’s Payments Acceptance and Experience team is reaching out to find a qualified product leader to create Amazon’s Digital Currency and Blockchain strategy.

As a product leader, it is required to work diligently with the company’s team to create a roadmap which includes customers experience, technical strategy, and capabilities.

The e-commerce titan confirmed the listing’s legitimacy by confirming the announcement to the Insider.

“You’ll need to operate with a high level of autonomy and operate analytically, working backwards from data and customer insights to build new and innovative solutions to unsolved problems. As a product leader you will have a proven track record of creating a strong vision and roadmap and successfully delivering results,” Amazon added to its job listing site.

Amazon was “inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like Amazon,” a spokesperson told the Insider.

This came as a shock since the Seattle-based company was extremely vocal in the past towards its stance regarding accepting cryptocurrency as a payment. However, it is worth highlighting that Amazon already has a managed blockchain service in its cloud division, Amazon Web Services (AWS).

Amazon Managed Blockchain is a fully controlled service that simplifies joining public networks or creating accessible private networks by employing famous open-source frameworks such as Ethereum. This will allow multiple parties to perform transactions without a central entity.

Back in 2017 – the recently appointed CEO Andy Jassy and former head of the AWS division – announced in a statement that Amazon’s AWS department was not buying into the blockchain hype and not interested in switching its focus to the technology that is capturing everyone’s attention.