In spite of its volatility, crypto's rise in popularity is mainly attributed to the fact it offers quick, easy, and relatively cheap transactions. In the job posting, Amazon states that applicants must 'own the vision and strategy for Amazon's Digital Currency and Blockchain strategy and product roadmap' while also having a 'deep understanding of the digital/cryptocurrency ecosystem and related technologies.' With billions of transactions processed each day, Amazon's job posting has e-commerce heads buzzing about whether this new move will push forward or fall to the wayside.

The revelation comes as cryptocurrency continues to make waves in the mainstream markets as one of the fastest-growing payment types independent from government and financial institutions.Īmazon's growing attraction to cryptocurrency is creating conjecture that the giant is attempting to make a significant imprint in the resolution of online fraud, fostering more security in purchase decisions for their customers. E-commerce voyeurs and consumers had a jaw-dropping shock recently summer as bitcoin surged with the revelation that Amazon, the mega e-commerce giant, opened job slots for product lead developers in cryptocurrency.

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