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Topic: Amazon launches blockchain product (Read 799 times)

full member
Activity: 350
Merit: 100
December 24, 2018, 03:52:30 PM
#83
Of course, it's a good sign. I think that more and more gigantic corporations will integrate blockchain in their work. It would be great for all cryptoeconomy. New funds will enter the market so  prices for our cryptocurrencies will grow fastly.
jr. member
Activity: 140
Merit: 1
December 24, 2018, 02:14:04 PM
#82
The blockchain technology is perfect in many ways. Those companies that want to increase popularity and profits, seek to use blockchain technology. This factor forces such a large player as Amazon use blockchain. This is good news for the crypto market. I wish them good luck with this progress.
full member
Activity: 1498
Merit: 129
December 22, 2018, 10:16:09 AM
#81
Cryptocurrency have continue to witness huge development in term of the usage of the technology which is the blockchain. There is no doubt that this will continue even next year. We all actually need this as this will further strengthen crypto but it might not rise faster as we all want to see. We need to be patient
hero member
Activity: 1190
Merit: 504
December 22, 2018, 07:37:17 AM
#80
A good sign for crypto if you'll ask me.

Every adoption that a giant company does for crypto will give a great impact for the market as whole so we need to recognize this.
newbie
Activity: 29
Merit: 0
December 22, 2018, 07:34:30 AM
#79
Didn't amazon tried the crypto currency purchase option at one time? I mean it wasn't a long lasting move but they tried it as far as I can remember, steam did the same thing and made buying games with bitcoin possible as well but now its gone as far as I can remember. I mean these type of companies are testing blockchain and crypto heavily but it needs to be either more stable or have a chance to convert easily at the same price very quickly in order to make these more stable. Otherwise why would these huge companies try it out.

Blockchain could definitely be a great improvement for amazon considering they sell millions of stuff every single day all over the world and keeping track of these could be a challenge whereas blockchain could cut the work hours a lot shorter with an easier code for them.

I agree completely! It seems highly unlikely that any of the giant companies will implement BTC as a payment option if the volatility is not somehow controlled and stabilised. For the time being, I don't expect to have a possibility to buy on Amazon using BTC.
hero member
Activity: 1458
Merit: 509
December 22, 2018, 07:22:40 AM
#78
They are just taking advantages of the efficiency of blockchain and there's nothing else behind that, this thing definitely will make blockchain more popular around people but will not really affect the whole community that much since most of the people who uses that product are nerd anyway.
legendary
Activity: 1652
Merit: 1057
December 22, 2018, 06:46:19 AM
#77
Didn't amazon tried the crypto currency purchase option at one time? I mean it wasn't a long lasting move but they tried it as far as I can remember, steam did the same thing and made buying games with bitcoin possible as well but now its gone as far as I can remember. I mean these type of companies are testing blockchain and crypto heavily but it needs to be either more stable or have a chance to convert easily at the same price very quickly in order to make these more stable. Otherwise why would these huge companies try it out.

Blockchain could definitely be a great improvement for amazon considering they sell millions of stuff every single day all over the world and keeping track of these could be a challenge whereas blockchain could cut the work hours a lot shorter with an easier code for them.
jr. member
Activity: 434
Merit: 2
December 22, 2018, 03:57:51 AM
#76
This is great.To see Amazon lunch this,it is a welcome development that will aid Amaxon and is also a plus to blockchain tech.
member
Activity: 322
Merit: 10
https://www.udap.io/ - Tokenize Everything
December 22, 2018, 03:51:31 AM
#75
Amazon, the massively successful tech giant known for their electronic commerce and cloud computing, has finally broke into the blockchain industry with the launch of 2 Amazon blockchain products.
https://www.investinblockchain.com/amazon-launches-blockchain-products

is this a good sign for crypto market ?

thank you for such news! Ofc, implementation of blockchain into such companies increases confidence in the technology all over the world! I'm not sure whether it'll influence the market, but it's cool anyway!
member
Activity: 420
Merit: 10
December 22, 2018, 03:23:13 AM
#74
I am not surprised that the future of the cryptocurrency market is not to be questioned. These traditional mutual understanding network companies are working hard on the development of the blockchain. All Internet companies will cooperate with the blockchain in the future.
copper member
Activity: 336
Merit: 3
Cryptoknowmics - World's First Decentralized Media
December 21, 2018, 05:30:18 AM
#73
The sign for the bullish market is the Ethereums hardfork and the Bakkt exchange launch. These updates will push the market and will near the mass adoption to the crypto currencies industry. Just be patient and wait for the major updates.
copper member
Activity: 196
Merit: 0
December 21, 2018, 05:27:31 AM
#72
Amazon, the massively successful tech giant known for their electronic commerce and cloud computing, has finally broke into the blockchain industry with the launch of 2 Amazon blockchain products.
https://www.investinblockchain.com/amazon-launches-blockchain-products

is this a good sign for crypto market ?
I think this news is good for crypto. Even if amazon starts a blockchain project, it shows how useful the blockchain is. I am really looking forward to it and have new hope for crypto.
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
December 21, 2018, 05:09:31 AM
#71
The article on the link is quite interesting. I hope this can be sustained throughout by the company, and maybe even expand it to include more products. Maybe Alibaba, eBay, Wallmart and others will do the same.

maybe in the future anothers big marketplace in online industry will make their own blockchain product,,
also i heard if facebook will build its own stable coin for money transfers
https://www.coindesk.com/facebook-is-working-on-its-own-stablecoin-for-money-transfers-report

and this will be a huge jump on crypto industries my friend  Wink
jr. member
Activity: 294
Merit: 1
December 20, 2018, 06:25:37 PM
#70
The article on the link is quite interesting. I hope this can be sustained throughout by the company, and maybe even expand it to include more products. Maybe Alibaba, eBay, Wallmart and others will do the same.
member
Activity: 574
Merit: 11
December 20, 2018, 06:16:26 PM
#69
This is a great step by Amazon, but you need to understand that this is a blockchain and you should not hope that this news will play for cryptocurrency
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
December 20, 2018, 06:03:44 PM
#68
It is a good news overall for crypto if a big company enters the market someway. That will bring trust and wider awareness as they are serving over 300 million customers worldwide. On the other hand it could effect negatively some projects or platforms. But let see Amazons` involvement to crypto  first  and then to judge.

yes, and i'm sure this news will create more demands in blockchain tech, wich mean will bring crypto world to the next level.,,
i believe the future of cryptocurrency is so bright,, my friend
member
Activity: 512
Merit: 10
December 13, 2018, 06:24:38 PM
#67
It is a good news overall for crypto if a big company enters the market someway. That will bring trust and wider awareness as they are serving over 300 million customers worldwide. On the other hand it could effect negatively some projects or platforms. But let see Amazons` involvement to crypto  first  and then to judge.
full member
Activity: 1372
Merit: 133
December 13, 2018, 03:19:51 AM
#66
finally Amazon recognize important of the blockchain technology i hope many other big companies will be also enter in blockchain technology and it will be good sign for cryptocurrency
In fact, this is a very big company that provides trading services. I think that few people create the importance of the action of Amazon in relation to the cryptocurrency for the entire cryptocurrency market.
sr. member
Activity: 770
Merit: 250
December 12, 2018, 09:09:46 PM
#65
If as big as Amazon starting to implementing blockchain into their system, then it should be able to build trust from the people to believe in blockchain and cryptocurrency, and it will be able to pull the market back up again.
sr. member
Activity: 1190
Merit: 253
December 12, 2018, 08:52:47 PM
#64
Oh Wow! It is not surprising that big companies like this considered Blockchain Technology as one of the newest and most amazing technologies being invented as of today. Even here in our country are making their own study and considering to integrate it on the system they are using. Well, I think they have to catch up of they don't want to be left behind.
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