Amazon posts vacancy for DeFi-focused head of blockchain products
Amazon Web Services (AWS), the cloud computing platform, has opened a vacancy for the head of the blockchain products department with experience in decentralized finance (DeFi).
Amazon posts vacancy for DeFi-focused head of blockchain products
Amazon Web Services (AWS), the cloud computing platform, has opened a vacancy for the head of the blockchain products department with experience in decentralized finance (DeFi).
Study: Corporate digital currencies could be a viable alternative for large corporations
Under certain conditions, corporations' use of their own digital currency instead of fiat may be a viable solution. This finding comes from a Richmond Fed article. According to the authors, developing and launching the corresponding platform would require significant costs, including cybersecurity measures. In a low and stable inflation environment, corporations are better off using existing payment systems. The situation changes when these costs can be minimized, there is a broad customer base, and inflation rises, forcing consumers to shed fiat. Analysts estimate that for Amazon, issuing and using only its own digital currency would become economically viable if interest rates rise above 11% per year. The figure could be lower if the retailer increases its market share, presently estimated at 6%. Such high figures include substantial costs associated with regulatory compliance. Corporations' interest in issuing their own digital currencies lies in earning seigniorage, a feature of central banks. Among other reasons are increased customer loyalty, data collection, and reduced settlement risks.
Amazon extends moratorium on police use of facial-recognition technology
Amazon extends moratorium on police use of its facial-recognition technology.
Amazon offers cloud-mining services for the Chia cryptocurrency
The tech giant Amazon unveiled a solution for mining the Chia cryptocurrency on its AWS cloud computing platform.
Tim Draper: Netflix Will Buy Bitcoin Next After Tesla
Netflix will acquire its first cryptocurrency under its reserve-management policy, and online retailer Amazon will add it as a payment option. This view was presented by venture investor and proponent of digital gold Tim Draper.
Amazon announces recruitment drive for developers for a digital-currency project
The Amazon Digital and Emerging Payments division has posted vacancies for developers and engineers for a new digital-currency payments product.
Mark Cuban compares Bitcoin to Amazon during the dot-com bubble
Billionaire Mark Cuban believes that Bitcoin and some altcoins can weather a market bubble in the same way that Amazon, eBay and Priceline rode the dot-com boom.
Anthony Pompliano: Amazon could shut down many DeFi apps
The use of cloud services calls into question the decentralisation of the Ethereum network and threatens DeFi app operation, according to Morgan Creek Digital co‑founder Anthony Pompliano.
Amazon Introduces 12-Months Moratorium on Using Facial Recognition Tech by Law Enforcement
Amazon’s controversial face recognition tech Rekognition will not be available to use by law enforcement, the company announced on June 10th. The moratorium is year-long and was reportedly introduced to give regulators time to come up with solid ethical rules of using the tech for policing.
As Amazon Face Recognition Tool Mismatches Politicians With Mugshots, Research Finds It Working Worse Than 2 Years Ago
Tests performed by Comparitech showed that Amazon’s face recognition technology incorrectly matched over a hundred of the United States and United Kingdom politicians with photos of arrested people.
BTCC Controversy: 100 Full Nodes Donated by the Exchange Appear to be Running on Amazon Web Services
Recently BTCC has launched 100 full nodes across five continents in order to maintain decentralized arrangement of the bitcoin system. Back then, the company explained this move by its wish to keep bitcoin away from any centralization. Samson Mow, COO at BTCC, stated that the company has launched the nodes in order to help the […]We use cookies to improve the quality of our service.
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