Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive overall vision and product strategy, and gain leadership buy-in and investment for new capabilities,” the listing states.
The right candidate will operate with a “high level of autonomy” and will be able to “build new and innovative solutions to unsolved problems.” Other qualifications include 10+ years of relevant experience, a deep understanding of the cryptocurrency ecosystem and an ability to work backwards based on customer and partner needs.
An Amazon spokesperson said in a statement to CNBC that it was exploring ways to get involved in cryptocurrency.
“We’re inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon.
Amazon crypto job posting
Furthermore, they must have nearly seven years of experience in financial services business development “with exposure to distributed ledger or blockchain technologies.”
In the past, Amazon has posted job opportunities that need experience in the digital asset space. In February 2021, the online retail giant stated that it was looking for a software development manager in Mexico to enable it to launch “a new payment product” aimed at enabling residents to acquire cryptos with cash so that they could spend the digital currency while shopping on Amazon.
Based on a July report, one Amazon spokesperson had already denied that the firm would start supporting crypto payments line Bitcoin and Ether on its platform.
Amazon crypto job ad
Amazon’s IT service management firm may be considering driving adoption in the digital asset space among its users. Based on an October 30 job posting, Amazon Web Services’ New York office is hiring a Financial Services Specialist who majorly “understands the overall cryptocurrency and digital asset ecosystem,” with a lot of experience in blockchain and distributed ledger technology (DLT).
According to the company, the new employee will need to work with regulators, capital market operators, and financial institutions to explore how they may benefit from digital asset adoption.
The potential employee is expected to encourage those in senior positions at major global financial institutions to “transform the way they transact digital assets,” including cryptos, CBDCs, security-backed tokens, stablecoins, NFTs, and asset-backed tokens.
Bulgaria, Georgia, Morocco, Nigeria, Indonesia, Philippines, and Australia.
How to protect yourself from scams
To protect yourself against scams like this:
- Be skeptical of cryptocurrency advertisements and posts on social media.
- Double check URLs and websites before entering details and making a purchase.
- Don’t fall to high pressure tactics that claim “Flash sales”, “only a few left”, “purchase immediately.”
- Do research on what you are about to purchase – look for official sources.
- Report scam adverts and posts when you see them; this may aid in their removal from social media.
Scammers latch onto fresh news like this, as the general perception of cryptocurrency is that early adopters can make significant gains if the currency proves successful.
Amazon crypto job postinger
First reported by Insider, the ecommerce giant is looking for an “experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap.” The listing, which Amazon has confirmed is legitimate, continues:
You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive overall vision and product strategy, and gain leadership buy-in and investment for new capabilities.
Amazon.com doesn’t accept cryptocurrency as payment, but a spokesperson told Insider that the company was “inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon.”
Amazon’s cloud division, Amazon Web Services (AWS) already has a managed blockchain service.
What is Going On At Amazon?
This is definitely not the first time that Amazon will be linked with crypto adoption in 2021. In February, the company shared a job listing in which it was looking for professionals to join a team tasked with building a digital payments service for Mexico.
“We are looking for a leader to help us launch a new payment product starting with Mexico as our initial launch country.
This product will enable customers to convert their cash into digital currency using which customers can enjoy online services including shopping for goods and/or services like Prime Video,” the listing pointed out.
Then in July, the company posted a job listing for a digital currency and blockchain product lead to build its digital currency strategy.
As the job listing explained, the professional would be responsible for building Amazon’s digital currency strategy and roadmap, while also working closely with teams across Amazon to develop the ideal rollout strategy for a possible digital asset.
That particular job posting led to increased rumors that Amazon was planning to adopt cryptocurrencies as a payment method. Speaking with City A.M, a company insider claimed that the e-commerce behemoth is planning to start accepting Bitcoin payments towards the end of 2021.
“This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future — this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work,” the source said.
No Crypto Adoption Plans…
Large tech companies have become some of the biggest adopters of cryptocurrencies and blockchain technology in recent times. These companies understand the value of both concepts, and they have been quick to offer rapid adoption as they hope to capitalize on the future.
Being one of the largest tech companies in the world, Amazon has long been linked with cryptocurrency acceptance.
This month, another link between the company and cryptocurrencies surfaced.
AWS is Cooking Something
A recent job posting from Amazon Web Services (AWS) shows that the division’s New York office is looking for a Financial Services Specialist with a specific understanding of the crypto and digital asset space.
A spokesperson told Reuters that while Amazon remains keenly interested in the digital asset space, they don’t have any plans for onboarding crypto payments just yet.
It is worth noting that the spokesperson didn’t deny Amazon’s continued research into cryptocurrencies and their possible potential. It is possible that with this new job listing, Amazon is now ready to roll out acceptance for cryptocurrencies on a broader scale.
Starting with AWS does seem to make sense for Amazon. The cloud computing division drives massive profits for Amazon, although it most likely doesn’t have the transaction volumes that the company’s e-commerce arm handles.
Everything you need to know about a new online scam selling fake Amazon Tokens and stealing cryptocurrency.
As we are in the 2021 holiday shopping season, there’s a new scam you need to be aware of and watch out for: offers for Amazon Tokens. We have found that these new scams are very effective, yielding over USD $100,000.
Over 300 Avast users have been protected from the scam in the past week.
These offers are propagating through malicious advertisements that imitate legitimate news sites and rely on rumors that have been around since July 2021 that Amazon will be offering Tokens for sale. Below are samples of the malicious advertisements that we found.
Amazon Token Rumors
The rumors originated from news stories reporting that Amazon could be entering the cryptocurrency market and creating their own tokens as part of that.
Amazon Prime membership, making it seem even more legitimate.
The attackers behind this scam also cleverly tie the purchase of these nonexistent tokens to Amazon’s Prime Gaming service, meant to appeal to gamers.
There is a countdown on the website and sales and bonuses if the user decides to purchase immediately, a classic scammer tactic of using time pressure to force prospective victims into making quick (and bad) decisions.
Once the user creates an account, there is a legitimate-looking dashboard that allows the management of the fake cryptocurrency portfolio, including the opportunity to make purchases of the nonexistent Amazon Tokens.
If the user attempts to purchase the Token, they have to create an account, then “purchase” the Token with other cryptocurrencies, such as Bitcoin, Ethereum, LiteCoin, and others.