Amazon Web Services Teams with DCG on Blockchain Endeavor
Amazon Web Services will partner with Digital Currency Group (DCG) on a platform that will allow companies to experiment with blockchain technology, according to Forbes. Blockchain providers in DCG’s portfolio will be able to work in a secure environment with financial institutions, enterprise technology companies and insurance companies. A blockchain can make financial services more efficient and more economical. The technology could potentially shrink the financial services industry as the software handles functions that middlemen currently execute. Scott Mullins, AWS head of worldwide....
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Amazon is not interested in embracing bitcoin, but it is looking into new digital payment services, possibly a service developed in-house, a new report suggests. The company's payments head Tom Taylor told Re/code that Amazon did indeed consider bitcoin, but eventually decided that there was not enough interest in the technology for Amazon to benefit from adopting it. Said Taylor: "Obviously, it gets a lot of press and we have considered it, but we're not hearing from customers that it's right for them, and don't have any plans within Amazon to engage bitcoin." Amazon's revenue in 2013 was....
Amazon Web Services (AWS), the cloud computing business operated by Web commerce giant Amazon, is partnering with investment firm Digital Currency Group (DCG) to offer a blockchain experimentation environment for enterprises. In collaboration with the startups in the DCG portfolio, AWS will provide dedicated cloud infrastructure and technical support for those projects. The startups, along with DCG, will collaborate with enterprise businesses looking to explore and test different blockchain applications. Scott Mullins, head of worldwide financial services business development for AWS, said....
The new Amazon position requires a deep understanding of the digital currency and cryptocurrency ecosystems and related technologies. Tech giant Amazon is looking to dive into digital currency and blockchain development with a new major hire within its payments-focused team.Amazon’s payments acceptance and experience team is seeking a digital currency and blockchain product lead to develop the company’s strategy of digital currency and blockchain as well as a product roadmap. The team is responsible for Amazon’s customers’ payments on Amazon’s sites and through its global services.Posted....
London, January 26, 2016. UK Bitcoin service provider SpectroCoin.com this month launched a new feature on its platform to allow clients to purchase Amazon vouchers with Bitcoin. Vouchers for Amazon.com, Amazon.co.uk, Amazon.de, Amazon.it, Amazon.fr and Amazon.es are available. “After the introduction of Amazon.co.uk vouchers back in November 2015 we have seen a significant interest from our clients in other countries to be able to purchase vouchers from different Amazon shops, therefore, we added up another 5 Amazon stores to serve European and US customers” says SpectroCoin.com....
Amazon has begun its search to hire a Digital Currency and Blockchain Product Lead, to enable modern and inexpensive payments to Amazon.