The “everything store” has its eye on the crypto world. Amazon CEO opens doors for future NFT companies

LUB Amazon CEOAndy Jassy, ​​is hopeful about the future of cryptocurrencies and NFTs. Although there is no bitcoin or non-fungible tokens, it’s a good wave of possibilities from the company developed by Jeff Bezos. sell NFTs in the future.

“I think it can be done way on the platform,” Jassy said in an interview with CNBC, “He also said he believes” NFTs will continue to grow. “

The person who chose to replace Bezos in the board of directors of Amazon also mentioned the possibility of using cryptocurrencies for payments on the platform in the future.

“We will not be close to adding cryptocurrencies as payment in our stores, but I believe over time you will see bigger cryptocurrencies,” Jassy said.

Amazon has previously expressed interest in cryptocurrencies. Last year, the company sought to leverage digital and blockchain experts to join the payment team and help improve Amazon’s product portfolio and plans around the technology.

NFTs (non-fungible tokens) are digital devices whose members are registered on the blockchain. We describe everything about them in this article.

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First letter to Amazon shareholders

Andy Jassy, ​​who took charge of Amazon on July 5, 2021, also published on Thursday (14) the first annual letter to merchants since taking over.

Jassy has written about the huge growth that Amazon has experienced during the spread, especially in the retail space. “We have seen the equivalent of a three-year growth forecast in about 15 months,” he said.

The Director also mentioned the cost of transportation and the cost of trying to meet the high demand during the outbreak. The company needs to expand its network of warehouses to complete the volume of orders.

“We spent the first 25 years of Amazon building a complete network and then had to redouble it 24 months ago to meet customer needs,” Jassy wrote.

According to Jassy, ​​Amazon had 410 completed sites and 260,000 shipping worldwide worldwide at the end of last year.

Another issue mentioned by the CEO is the impact of “tight” business operations, which makes it difficult to move products more efficiently.

Restricted chains, according to Jassy, ​​also added another layer of competition as ocean, air and freight capacity became more restricted and volume costs increased.

“It is not always possible for a company of any size to respond to some discontinuation and not be able to estimate how contagious this infection has occurred,” Jassy said. “What is it about Amazon that makes us do this? It’s because we did not start from scratch.”

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* With information from CNBC

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