a means of payment, I believe. Amazon and would likely help them generate a substantial new revenue stream. Retail Market Impact Of An Amazon Cryptocurrency Given Amazon s penchant for in-house solutions, its highly likely that if the platform were to integrate a cryptocurrency solution it would be a built upon a proprietary, private Amazon blockchain and function as an Amazon -specific cryptocurrency. The company has not made any official statements regarding the potential integration of Amazon cryptocurrency payment methods. There are more than 300 million. Assuming Amazon also begins mining bitcoin and the price continues to appreciate (over 7400 as of now the potential for a small profit off of bitcoin itself is possible. Amazon operates what is arguably the most innovative supply chain system in the word. The possibility of an standardized crypto payment could also potentially eliminate the need for region-specific Amazon sites. A domain name is a placeholder for a bigger project than that and, the thought of Amazon exchanges was literally the first thing that popped into my mind when I saw the domain names. Not only could it possibly be a new revenue generator for the company, but associating a company with cryptocurrencies has been one of the most effective ways to make a stock rally, as denoted by companies like m, who recently rallied due to its involvement. It is a new industry, it is expected to continue growing, there are limited players in the space and doing so would be synergistic with Amazon s already existing hardware set up and its primary role as a retailer.
No one has speculated as such so far, but it seemed to just naturally make sense as a conclusion to draw. You can test our speculation at the end of this article. While this is an important point, it overlooks one of the most disruptive applications of distributed ledger technology supply chain optimization. Coinbase, for instance, just went out and was able to easily raise money to expand its software offering at a valuation well north of 1 billion now. Investors had previously work from home jobs customer service uk speculated that the company would accept digital currency payments through its e-commerce platform. In this article, well speculate on the potential fallout. It's worth noting, though, that. Amazon s current holdings? Retail customers would benefit from lower fees, higher security, and the potential of smart contract facilitated transactions. Refine by, amazon, prime, eligible for Free Shipping, free Shipping.