Amazon Can’t Accept Cryptocurrency, But Might Sell NFTs in the Future: Andy Jassi


Amazon CEO Andy Jesse believes in the potential of cryptocurrencies. However, the company is unlikely to start accepting cryptocurrencies on its retail platform anytime soon. “I don’t own bitcoin,” Jesse said in an interview with CNBC.

“We are probably not close to adding crypto as a payment mechanism to our retail business, but I believe that over time you will see crypto grow,” he added in a post-issuance interview to his first annual shareholder . Letter from Amazon founder Jeff Bezos since he took over.

However, he expressed his belief in cryptocurrencies and NFTs. “I believe that over time you will see crypto get bigger,” he said, “I expect NFTs to continue to grow very significantly.”

Asked if Amazon will one day start selling NFTs, the Amazon CEO said, “I think it’s possible on the platform down the road.”

Amazon has already indicated its interest in blockchain and blockchain-based applications. Last year, the company was looking for a blockchain and digital currency specialist to join its payments team. A job listing on Amazon’s forum at the time revealed that the company was seeking “an experienced product leader who could develop Amazon’s digital currency and blockchain strategy and product roadmap.”

The role and responsibilities include “leverage” domain expertise in blockchain, distributed ledger, central bank digital currencies and cryptocurrencies to develop the case for capabilities to be developed, drive the overall vision and product strategy, and lead buying and investment for new involves acquiring. abilities.”

Interestingly, Amazon still has openings to join AWS’s blockchain team. The company is looking for a Product Manager, Blockchain, AWS Blockchain “To drive the roadmap, feature definition and go-to-market strategy of AWS product offering across the rapidly evolving and broad landscape of blockchain technology and use cases.”

Amazon Post may not accept cryptocurrency, but may sell NFTs in the future: Andy Jesse first appeared on BGR India.

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