We couldn’t help but wonder! What if there was an Amazon Cryptocurrency? It wouldn’t just change the revolutionize the worlds largest online retailer. We believe it could change the world. You bet your ass, it would.
The era of mass adoption will be upon us in the matter of minutes. It could be in the form of an AmazonCoin, or Jeff Bezos the founder of Amazon could join hands with existing platforms such as Ripple. We’ve often heard some rumors circling the internet, while Amazon on the other has been very hush hush about it.
But, speculation is in full gear in the cypto-community about the possible future implications. What would happen if a monopoly from the market force were to enter the crypto-market?
A Blockchain Supply
The dominant discourse encircling Amazon and the blockchain is mostly focussed on allowing the crypto-fans to pay for goods and services almost anywhere in the world. So, you can buy almost anything in the market and life would get easier for the crypto-spenders. Are you thinking of all the things you could buy? So are we!
Amazon is not a stranger to inventive solutions when it comes to assessing the operation of their supply chain. By integrating a blockchain based supply chain system, it will be possible to document the products journey. It means, you’ll have what you ordered in no time and the dreadful wait won’t be there anymore!
If Amazon leans towards an Amazon Cryptocurrency and most likely it would. Given the fact, Amazon prefers in-house solutions. Guess what, which means there is only good news for you! The many Amazon services such as Amazon Prime, Twitch and Audible can all be used via cryptocurrency. You’ll get to watch all your favorite movies. We really can’t think of any better ways to spend your cryptocurrency!
Conclusion? If it ever happens, all we can think of is benefits! Lower fees and higher security! Also, a potential possibility of smart contract transactions. It will also eliminate the confusion of fiat currency exchange and the all the shopaholics will be able to purchase goods at an international standardized rate.
It’s uncertain! But, we predict Amazon launching its cryptocurrency would open the world of crypto to truly universal audience. Yet, there have been no official statements from Amazon regarding the incorporation of using cryptocurrency as a mode of payment.
But, our hopes are up! Just because there have been three separate registrations for domains which are crypto-related by the official legal department of Amazon from last year. It’s a sign! The platform is serious about considering crypto-payments in very near future. We can’t wait! Can you?
For now, if you’re desperate to buy some goodies from Amazon. There are Amazon gift cards you can purchase using cryptocurrency!
Oh, we have a fun game for you!