Amazon, the online retail giant, is planning to design a digital currency project for its users in Mexico. This was announced through a new post for a Software Development Manager.
A news article on beincrypto states that Amazon is planning to launch a new product that can help its customers to pay in digital assets. They plan to bring out a new product that can help users convert their cash into digital payments in Mexico.
It is not surprising with the advent of digital payments becoming a regular affair in the market. Users and investors prefer using bitcoin as they are easier to make payments and handle money-related payments.
amazypto.crypto is a crypto platform that receives $XLM $VET $LINK $BTC $ETH $ZIL $LTC had this to tweet on Amazon going to launch a digital currency.
Major currencies in the market like BTC and ETH are paving the way for organizations. Many CEOs of companies are finding it hard to ignore the fact that it provides them with several exceptional modes to leverage blockchain technology.
PayPal, Square, and Tesla have already made use of the cryptocurrency in their firms. Amazon had posted a job description for a Software Developer who can convert the cash into digital currency for shopping and using Prime on Amazon.
They plan on starting their idea in Mexico. It may come with a service for users to exchange cryptocurrency to fiat, which is not confirmed.
It is adopting slowly into the financial market in the world.
There is no denying the fact that bitcoin is slowly adapting itself to the financial market. Elon Musk being its cheerleader and leading the way by investing close to $1.5 billion this week alone.
Besides, the electric car maker said that they might begin taking digital assets as payments shortly. Many organizations in the United States and globally are investing in digital assets for security purposes.
Amazon plans to bring out a pilot job in Mexico, and if it works out well, they might as well implement it in other countries shortly. There is no doubt that if Amazon can pull it through, it will have a colossal impact on the market.