Facebook will send money to Amazon will be far behind? AWS General Manager: Everything is possible

Facebook is sending money. Amazon is far away? AWS General Manager: Everything is possible

The technology giant is using its own blockchain technology. When asked if the company would expand its business beyond the blockchain and move to cryptocurrencies—that is, whether there would be Amazon coins or integrated bitcoin payments—AWS General Manager Rahul Pathak said at the consensus meeting that they held Open attitude.

If this is important to the customer, we will find a more meaningful approach (to achieve).

Amazon currently offers enterprise customers an Amazon Quantum Database, which actually delegates the management of the books to a "trusted organization": Amazon. He said the company is conducting internal testing for multiple use cases.

As far as our size is concerned, in our e-commerce business and web services business, we need to ensure that the records are not modified. Therefore, Amazon has been using this core book component extensively and on a large scale.

When asked about the details, Pathak said that supply chain management is one of the areas in which Amazon uses the technology.

Earlier this month, AWS's block management system AMB (Amazon Management Blockchain) was officially launched. This BaaS (blockchain as a service) platform allows organizations to develop their own networks at a lower cost and faster rate because it eliminates "providing hardware, installing software, creating and managing certificates, and configuring network settings for access control centers." "The need." Giants including US communications giants AT&T, Nestlé Global Food & Beverage Company and Singapore Exchange Ltd. have all entered the platform.

In addition, as a large e-commerce network, Amazon's payment efficiency is crucial. Last month, payment company Moon added a special extension to Amazon.com, and users of this app can already shop on the site via Lightning.

Yesterday, Amazon's supermarket chain Whole Foods also began accepting bitcoin payments, which is considered to be a prelude to Amazon's acceptance of bitcoin payments.

Original: https://decryptmedia.com/7033/amazon-blockchain-crypto
Author: Ben Munster
Compile: Wendy
Source (Buffalo): Babbitt Information (https://www.8btc.com/article/409169)

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

SIM card exchange attacks stolen coins, how can Bitcoin practitioners protect themselves?

Source | bitcoinmagazine Author | David Hollerith Translators |   Bitcoin Futures Reach All-Time High as Bullish...

Blockchain

Gemini co-founder: The new crown virus pandemic will become a historic turning point for Bitcoin

Cameron Winklevoss, co-founder and entrepreneur of crypto exchange Gemini, tweeted that the New Crown Virus pandemic ...

Blockchain

The most commonly used cryptocurrency in the world is not bitcoin?

What is the most widely used cryptocurrency in the world? If you think Bitcoin, which has a market capitalization of ...

Blockchain

Twitter Featured: Buying 11,000 Bitcoins in a single month, is the institution also suffering from phobia?

01 Grayscale investment bought 11,000 bitcoins last month, accounting for 21% of new bitcoin in the month. Trader Rhy...

Bitcoin

The Hilarious Inflation Struggle of Fiat Currencies: Bitcoin to the Rescue!

Bitcoin reaches new all-time highs against currencies with high inflation such as the Argentine peso and Nigerian nai...

Blockchain

Market Analysis: No fears have been seen yet, it will take time to stop falling

In a country that issues "hard currency", if there is a trade surplus, it is a hell. This logic of our coun...