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  • Tech - News - Tech Companies
  • Updated: Jun 09, 2021

Amazon Is looking For Staff With Crypto Experience

Amazon Is looking For Staff With Crypto Experience

Amazon is searching for staff with experience in decentralized finance (DeFi), according to a job ad posted by the company.

Amazon's job posting is for Head of Product, Blockchain for Amazon Managed Blockchain, a service that develops use cases for distributed finance, supply chain, financial services, and digital identity.

“The candidate will have a track record delivering outstanding products at scale in emerging spaces, and is passionate about blockchain, distributed systems, and cloud-scale software,” the ad stated. “Ideally you will have experience delivering products or innovations in the blockchain space, and in particular DeFi or Traditional Financial Services.”

The business already has a product called the “Amazon Managed Blockchain (AMB)” and a team behind the project as well.

DeFi has become popular among digital currency developers and fintech startups as a way to streamline payments and other financial services by either eliminating or hastening steps in transaction processing.

Amazon has been subject to speculation it was looking for staff to build a digital payment token, which appeared to be part of an emerging-payments initiative to be test-driven in Mexico.

The recent developments suggest that Amazon is looking to offer a suite of products that will be compatible with DeFi applications. Amazon Web Service is the world’s largest company in the cloud space, with Google as its closest competitor.

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