{"id":24138,"date":"2022-04-14T17:40:47","date_gmt":"2022-04-14T21:40:47","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=24138"},"modified":"2022-04-14T17:51:19","modified_gmt":"2022-04-14T21:51:19","slug":"amazon-might-integrate-nfts-soon-amazon-ceo","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/amazon-might-integrate-nfts-soon-amazon-ceo\/","title":{"rendered":"Amazon might integrate NFTs in future – Amazon CEO"},"content":{"rendered":"\n
Andy Jassy, Amazon's new CEO is optimistic about the future of cryptocurrencies and NFTs<\/a>, she further stated that the e-commerce giant may integrate NFTs later down the line.<\/h5>\n\n\n\n
\"Amazon
Amazon might integrate NFTs in the future – Amazon CEO <\/figcaption><\/figure><\/div>\n\n\n\n

Andy Jassy, speaking to CNBC after issuing his first shareholder letter as Amazon's new CEO\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, said that while he does not own any cryptocurrencies or nonfungible tokens, or NFTs, he is hopeful about the industry's future. According to Jassy:<\/p>\n\n\n\n

“We're not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you'll see crypto become bigger. I expect that NFTs will continue to grow very significantly.”<\/p><\/blockquote>\n\n\n\n

In particular, Jassy stated that “it's possible down the line on the platform” for Amazon to sell NFTs. Last November, Amazon was hiring a Financial Services Specialist with knowledge in blockchain and distributed ledger technology who “understands the whole cryptocurrency and digital asset<\/a> ecosystem.”<\/p>\n\n\n\n

Amazon, on the other hand, released another job advertisement for the identical position two weeks ago. “Ability to design industry-specific messaging and collateral that successfully communicates the AWS [Amazon Web Service] <\/a>value proposition for AWS digital asset solutions in financial services,” according to the job description. Surprisingly, the job ad makes no mention of a degree need, merely work experience.<\/p>\n\n\n\n

Despite the upbeat tone, Jassy restated Amazon's position from July, saying that the company “is probably not near to adopting crypto as a payment mechanism in our retail business.”<\/p>\n\n\n\n

Shopify to accept Bitcoin payments<\/h2>\n\n\n\n

Shopify <\/a>has been in the vanguard of cryptocurrency adoption among large e-commerce software companies, announcing earlier this month that it would accept Bitcoin (BTC) as payment on the platform via The Lightning Network and Strike.<\/p>\n\n\n\n

Users, on the other hand, have expressed doubt about the move, with some pointing to the legal implications of funds not going through the Know Your Customer process.<\/p>\n","protected":false},"excerpt":{"rendered":"

Andy Jassy, Amazon’s new CEO is optimistic about the future of cryptocurrencies and NFTs, she further stated that the e-commerce giant may integrate NFTs later down the line. Andy Jassy, speaking to CNBC after issuing his first shareholder letter as Amazon’s new CEO , said that while he does not own any cryptocurrencies or nonfungible […]<\/p>\n","protected":false},"author":12,"featured_media":24139,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,62],"tags":[9169,9170,470],"class_list":["post-24138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-nft-news","tag-amazon-ceo","tag-andy-jassy","tag-nfts"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/image-102.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/24138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=24138"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/24138\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/24139"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=24138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=24138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=24138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}