Amazon cryptocurrency: Amazon could 'draw users away' from established cryptocurrencies


Amazon has said rumours of these specific plans are “not true”.

Speaking to the Reuters news agency, a spokesman for the company said they “remain focussed” on exploring how working with Bitcoin could look for them.

Experts believe if it wished, Amazon could eventually create a token to rival established currencies.

Naji El-Arifi, Head of Innovation at Wunderman Thompson Commerce, a global eCommerce consultancy, said it could do so by tying its own currency to the Prime loyalty programme.





READ SOURCE

See also  Railway Minister Piyush Goyal flags off 3000 HP Cape Gauge locomotive for export to Mozambique

LEAVE A REPLY

Please enter your comment!
Please enter your name here