Amazon’s first option is to use blockchain technology to manage transactions and user wallets. VIRTUAL COINS: Amazon already offers the Amazon Coins digital currency for purchasing apps and games Amazon is recruiting a tech team that will be tasked with building “innovative payment products for customers in emerging markets” that will enable “customers to convert their cash into digital currency” to purchase “goods and/or services like Prime Video”, a … However, if it does decide to move into cryptocurrency, it has a few options. Now, job listings revealed that the tech giant is preparing to launch its digital currency … Amazon prepares to launch a digital currency in Mexico. In recent years, Amazon entered several markets, and it is not only an e-commerce platform. Amazon’s upcoming digital currency is not necessarily a cryptocurrency. Source: Adobe/ink drop. AMAZON is likely 'ready to react' and launch its own digital currency as interest in crypto skyrockets after Elon Musk's appearance on Saturday Night Live, Express.co.uk can reveal. Amazon already has its “Amazon Coins” virtual currency, which allows people to use the digital money to pay for Amazon products or items in web games. Just days after Jeff Bezos announced that his era, as the CEO, comes to an end at Amazon, the e-commerce giant, has indicated that it is prepared to explore the world of “digital currencies” – by launching what appears to be a Mexico-based pilot project.. This is what the coindesk.com website reports, which analyzed various job offers from the e-commerce giant. Amazon has already launched Amazon Coins, which can be used to access items on the Appstore, such as gems, boosters and power-ups. Amazon may very well be planning to launch a digital currency of its own. In February, reports emerged that Amazon is working on a new digital currency for users to spend on its platforms. Speculation started growing after the Saturday, May 15 2021 Amazon’s new digital currency, of course! And if that fails, rest assured, the central banks are all working on it as well. The project hasn’t been announced yet, but recent job posts may hint that way. Related Posts Will Cuban government buy crypto? Aside from creating a game token, Amazon’s move to create a digital currency will be significant, with digital payments on the rise due to the COVID-19 pandemic. https://screenrant.com/amazon-digital-currency-potential-benefits-work-report May 14, 2021 Weentar is Going to Incentivise Social Media Activity May 14, 2021 Binance Faces Investigations by U.S. Justice Department and… May 13, 2021 A number of mainstream news outlets have reported that Amazon has hired ex-FCA officials- suggesting the launch of their digital currency is in […] They are in the process of getting it up and rolling, so by the time the smart cities welcome you with open arms, you’ll be ready to rock n’ roll!

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