News
Amazon Is Looking For A Digital Currency & Blockchain Expert
Amazon’s ideal candidate is someone who has at least 10 years of experience in product management and understands blockchain and related technologies.
When the value of Bitcoin, and most other cryptocurrencies along with it, suddenly jumps up from just under $30,000 to nearly $40,000, you know that either Elon Musk has tweeted again or that some potentially groundbreaking cryptocurrency news is making the headlines. This time around, it’s the latter. Insider recently noticed that Amazon’s payments acceptance and experience team has posted a job listing for a Digital Currency and Blockchain Product Lead, and journalists and cryptocurrency advocates alike have immediately started speculating if Amazon is planning to start accepting cryptocurrency payments.
“The Payments Acceptance & Experience team is seeking an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap,” the job listing states. “You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive the overall vision and product strategy, and gain leadership buy-in and investment for new capabilities.”
According to Amazon’s qualifications requirements, the ideal candidate is someone who has at least 10 years of experience in product or program management, product marketing, business development, or technology and understands blockchain and related technologies.
Since the job listing was first noticed, Amazon has officially confirmed its validity. In May, a similar job listing was published by Apple.
Also Read: Instagram Fights Cybercrime With New Security Checkup Feature
Currently, Amazon doesn’t accept cryptocurrency payments, but the company’s Amazon Web Services (AWS) division does offer a managed blockchain service, allowing anyone to easily create and manage scalable blockchain networks.
Microsoft is the biggest competitor that already accepts cryptocurrency payments that Amazon currently has, and there are many other large companies across a variety of different industries doing the same. If Amazon decides to join their ranks, it would be the black swan event so many people in the cryptocurrency industry are currently waiting for.
News
UAE Prepares To Launch Two Satellites: Thuraya-2 And MBZ-SAT
HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum chaired the first meeting of the Supreme Space Council yesterday.
HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister of the UAE, chaired the first meeting of the Supreme Space Council in Dubai on December 16, 2024. The session highlighted the UAE’s ambitious space plans and took stock of the sector’s economic progress.
The council emphasized the growing role of private companies in advancing space technologies, noting that their contributions are now equal to that of the public sector. Members also praised initiatives like the Space Economic Zones Programme, which are designed to fuel innovation and investment in the space industry.
خلال ترؤسنا الاجتماع الأول للمجلس الأعلى للفضاء، بحثنا الاستثمارات الوطنية والمشاريع المقبلة في قطاع الفضاء والذي يشهد تطوراً مستمراً… وجددنا التزامنا بدعم ومواصلة تنفيذ برامج طموحة لاستكشاف الفضاء الخارجي حيث وصل حجم الاستثمارات في هذا القطاع إلى 40 مليار درهم خلال السنوات… pic.twitter.com/etJ33OnuSu
— Hamdan bin Mohammed (@HamdanMohammed) December 16, 2024
Discussing the UAE’s space journey, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum remarked, “The national space sector continues to grow and advance, and we take immense pride in the remarkable achievements we have accomplished over the years”.
Sheikh Hamdan also received updates on two upcoming satellite projects: Thuraya-2 and MBZ-SAT. Thuraya-2, developed by Space42, is slated for launch this December. Meanwhile, the MBZ-SAT, created by the Mohammed Bin Rashid Space Centre (MBRSC), will soon follow. MBRSC, a major driver of the UAE National Space Programme, continues to lead the nation’s space-related developments.
Space42 took the opportunity to showcase its advancements, including ongoing collaborations between public and private entities. The company also outlined strategies to promote innovation, boost revenue streams, and create new opportunities for growth in the sector.
Also Read: IBM Opens New Doha Office To Support Qatar’s Digital Growth
The UAE’s current projects build on a growing legacy of space exploration. Back in 2020, the nation made headlines with its Mars mission, successfully sending a probe into the planet’s orbit in 2021. This mission, which is now in its second phase as of June 2024, has been collecting critical data to develop a comprehensive diurnal image of Mars.
The UAE also ventured into lunar exploration with an unmanned mission aimed at studying untouched regions of the Moon’s surface. While the probe ultimately crashed during its landing attempt after communication was lost seconds before touchdown, the effort represented a significant step in the country’s exploration ambitions.