• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, June 21, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto

Amazon is looking to form a crypto strategy by hiring an expert

by Reshab Agarwal
July 25, 2021
in Crypto, News, Trending
Reading Time: 2 mins read
0
Amazon is hiring an executive to lead their digital currency strategy
TwitterWhatsappLinkedin

Amazon is the largest e-commerce company globally. And with such a scale, if it adopts cryptocurrency, then there is really nothing stopping this new technology from reaching its full potential. Recent reports have suggested that the digital payment team at Amazon is looking into cryptocurrencies to form a crypto strategy. They are planning to hire a crypto expert in order to develop products related to the same. One of the company’s spokesperson said that they “are exploring what this(cryptocurrency) could look like on Amazon”.

You might also like

Ripple (XRP) crash? WinnerMining makes a stable profit of $1,780 per day!

Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

Amazon getting into crypto.

Recently the company has posted a job listing with the title “Digital Currency and Blockchain Product Lead”. The main idea behind this is to incorporate the payments system of crypto into Amazon. Maybe in some time, we could use Bitcoin, Ethereum and other popular currencies to buy products on Amazon. And seeing the kind of product variety they have, it won’t be wrong to say that you could buy anything literally with crypto in the future.

Amazon is looking to form a crypto strategy

At present, they are looking to develop a proper roadmap for the same with the help of the new employee. Amazon is also looking to develop an overall vision where they not only develop products but also make investments in new places. According to the Amazon spokesperson, the company believes that crypto and blockchain is the future. The idea of fast and inexpensive payments intrigues them, and they would like to bring it to their platform.

The adoption of crypto

Crypto gives us a break from the traditional finance system, which makes it really interesting to the masses. At the same time, the kind of adoption that is taking place in the industry is why institutions are also looking into crypto. One solid example of this is Apple that banned all crypto apps and wallets from its app store in 2017. And now, in 2021, it added a crypto option to Apple Pay. Tesla already started to accept crypto and even though it is in hold for a while very soon the option will be enabled again. This is because Bitcoin is moving towards the use of renewable energy very fast. And now if Amazon accepts crypto too nothing can stop the growth of the currencies.


What are your thoughts on the new crypto strategy Amazon is looking to form? And do you think we will be able to pay with crypto on their platform very soon? Let us know in the comments below. Also, if you found our content informative do like and share it with your friends.

Also Read: El Salvador citizens protest against Bitcoin adoption

Tweet54SendShare15
Previous Post

Rivian closes another $2.5B funding round led by Amazon, Ford & D1 Capital

Next Post

Uniswap removes 129 tokens from its platform, gets criticized

Reshab Agarwal

Reshab is a tech-enthusiast who likes to write about all things crypto. He is a Bitcoin bull and believes in a decentralized future of finance. Follow him on Twitter for more!

Recommended For You

Ripple (XRP) crash? WinnerMining makes a stable profit of $1,780 per day!

by Techstory
June 21, 2025
0
Ripple (XRP) crash? WinnerMining makes a stable profit of $1,780 per day!

Due to the tension between Iran and Israel, the value of most cryptocurrencies has fallen. In the past week, XRP fell by about 7%. This sudden drop has...

Read more

Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

by Harikrishnan A
June 21, 2025
0
Eutelsat’s Shares Skyrocket as France Leads €1.35 Billion Investment in Satellite Future

Eutelsat, the European satellite company, made headlines this week as its stock surged an impressive 31% on Friday. The rally came right after the company announced it had...

Read more

Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

by Harikrishnan A
June 21, 2025
0
Decade-Old Torrent Site Lands Greek Man in Prison Amid Renewed Piracy Crackdown

In a courtroom in Piraeus, Greece, silence quickly turned to shock when three police officers stepped forward, handcuffed a 59-year-old man, and led him away. Moments earlier, the...

Read more
Next Post
Uniswap removes 129 tokens from its platform, gets criticized

Uniswap removes 129 tokens from its platform, gets criticized

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?