The e-commerce giant is gearing up to explore the crypto business, as a recent vacancy suggests. Amazon plans to launch a pilot project in Mexico to assemble a team to develop new solutions based on “digital currencies.”
E-commerce giant Amazon wants to target customers in ’emerging markets’
According to a vacancy, Jeff Bezos’ multinational company was looking for a Software Development Manager for its “Digital and Emerging Payments” department this week. The position has reportedly been fulfilled as the offering is no longer available as of the time of the press.
Amazon stated in the vacancy that the new payment product will be deployed in Mexico in the first phase. Part of the description reads:
This product allows customers to convert their money into digital currency which allows customers to enjoy online services, including purchasing goods and / or services such as Prime Video.
The role requires an expert in computer science or engineering, with experience managing the delivery of distributed software systems. Additionally, Amazon clarifies that it plans to build a technical team to develop payment solutions targeting “ emerging markets. ”
The person elected must be located in Seattle, Washington. It is also not required to have a specific blockchain or crypto-related background.
Amazon New CEOs Relationship With Blockchain Technology
Amazon has just appointed Andy Jassy as the new CEO after Jeff Bezos stepped down. In fact, Jassy had taken an interest in blockchain technology some time ago and was researching it to apply 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 discussed its plans to implement this upcoming digital currency solution in Mexico. However, the move comes in the wake of mainstream companies’ announcements regarding bitcoin (BTC) investments or crypto adoption in general.
Recently, Elon Musk’s company Tesla announced in a U.S. Securities and Exchange Commission (SEC) Form 10-k filing that the company had purchased $ 1.5 billion worth of bitcoin.
On Feb. 11, as news.Bitcoin.com reported, payment giant Mastercard revealed that it is preparing to move a number of cryptocurrencies directly through its network.
What do you think of Amazon’s plans to potentially implement digital currencies in the platform? Let us know in the comments below.
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