Amazon registers three new domains related to cryptocurrency
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Answer Amazon registers three new domains related to cryptocurrency
Amazon, the e-commerce giant, already has a bitcoin-related domain name called “Bitcoin.”amazonbitcoin.com“
For the company to register three new domains related to encrypted digital currencies, which are as follows:
- amazonethereum.com
- amazoncryptocurrency.com
- amazoncryptocurrencies.com
Will the company enter the world of cryptocurrency?
This speculation surfaced earlier a year ago when Amazon introduced two blockchain-based services on its platform.
Where Amazon launched the “QLDB” database and “Amazon Managed Blockchain”.
QLDB is certified to facilitate customer service by providing easy and secure transactions.
The second is the blockchain operated by Amazon Web Services (AWS).
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These new tools and technologies allowed customers to create and manage their own blockchain networks within the network using the Ethereum or “Hyperledger” platforms.
All of the above of Amazon’s dealings with the blockchain was an indication that the company was considering joining the crypto world, but without announcing the date.
Before Amazon launched these “QLDB” and “Amazon Managed Blockchain” products, a survey was conducted by the Investing.com platform to study the preferences of Amazon customers.
The survey surveyed 1,000 customers and were asked which virtual services and offers customers prefer from Amazon as part of its expansion plans.
About 12.7% of customers showed a penchant for crypto products.
Although the number was not very large, it certainly showed the interest of customers in crypto-related products.
Since then, rumors and speculation have been swirling around Amazon and its interest in crypto-based services.
Some guesses and interpretations have claimed that Amazon is finally beginning to consider accepting Bitcoin as a source of payment.
However, rumors and interpretations have been consistently rejected by Amazon.
As we mentioned in the beginning of the topic, Amazon bought its first domain name “amazonbitcoin.com” three years ago, but after that it did not continue to use cryptocurrencies.
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However, with this latest announced move, it is clear that the company wants to verify itself and take a foothold in the cryptocurrency space and think about it either by incorporating cryptocurrency as a payment option or by introducing its own cryptocurrency for transactions.
Another possibility is to provide a cryptocurrency brokerage service on its own retail site without accepting payments through it.
All interpretations remain uncertain until the next step that Amazon will take is considered.
Read also:
Now you can use Bitcoin or Ethereum to make purchases from “Amazon”
A flaw in the Amazon cloud service affects the work of cryptocurrency exchanges
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