In mid-2014, Amazon applied for and was awarded a patent that signaled the e-commerce and cloud-computing giant’s intention to accept bitcoin as payment for one of its services. Since then, Amazon has been continuing to shape the future of its ever-expanding business, however, it has not-so-subtly done so with cryptocurrencies in mind. Just recently, according to Whois data, Amazon Technologies Inc., an Amazon subsidiary, registered , , and on October 31st. amazoncryptocurrencies.com amazoncryptocurrency.com amazonethereum.com Whois Data In addition, it was revealed that Amazon purchased some time in 2013, which now takes you straight to Amazon’s e-commerce website. amazonbitcoin.com Currently, Amazon’s purpose for purchasing these domain names remains unclear. However, , which first reported Amazon’s domain registrations, stated that Amazon might just be purchasing the names so no one else could profit off of a simulate association with their brand. DomainNameWire Alternatively, Amazon may also be attempting to avoid confusion between cryptocurrencies and , a virtual currency product introduced in 2013 that serves as online payment method on the Kindle Fire for games and applications. Amazon Coin Conclusion Thank you for taking the time to read this article and I hope that you truly enjoyed it. If you did find this of value, dont forget to show your support by clicking the 👏 button! Also feel free to share my content wherever you like! Follow @TheCoinEconomy on all social media platforms in order to receive the latest insight on the cryptocurrency market and advancement of blockchain tech. ( , , , , s.) TradingView Twitter Instagram Facebook StockTwit
