Amazon’s AWS section is searching for a crypto and digital asset specialist, another sign that the e-commerce giant is pushing ahead with the idea of offering more cryptocurrency services.
Amazon.com’s cloud computing unit is now looking for a specialist to support transaction processing, digital asset underwriting and custody on the cloud – another sign that the e-commerce giant is pushing ahead with giving more digital services for companies.
According to a fresh job post, AWS wants hire a ‘Financial Services Specialist’ to “…transform how the company transacts digital assets (for example cryptocurrencies, central bank digital currencies (CBDCs), stable coins, security-supported tokens, asset-supported tokens and non-fungible tokens (NFTs) from price discovery all the way to settlement and custody.”
“Working with our sales teams, architects, ISVs and systems integrators you will deliver the solutions that help customers move towards complete digital asset underwriting, handling transactions, and custody within the cloud,” the AWS job ad says.
Amazon has been quiet about its efforts to build out a team of experts to increase its offerings in the blockchain space and digital currency. The company back in July posted a position for the digital currency and blockchain product job on its site, hinting at a possible crypto integration in the near future.
Both Amazon stock and the price of bitcoin surged in late July after the rumors that the internet giant would start accepting bitcoin as a method of payment by the end of the year, and also would create and launch its own digital cryptocurrency next year.
Other companies including IBM are also looking to create their infrastructure offerings to offerings like cryptocurrency transaction custody and processing.
At last check, Amazon were oddly down by 1.14% at $3,34.07. Ytd the stock is higher by 4.63%
This comes at a time when there is stiff competition between Microsoft Azure and Amazon AWS for the cloud computing market, with more companies seeing the convenience of the cloud compared to on-site computing centers. With Amazon having hinted at moving into cryptocurrency, it is only a matter of time before Microsoft returns fire with their own digital services offering.
Author: Blake Ambrose