Tech companies including Amazon are actively exploring blockchain technology and innovation, and crypto solutions to boost their payment efficiency.
Amazon to integrate Ripple’s XRP for payments
Amazon, the American multinational tech giant that's best known for e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence, is showing active interest in exploring Ripple’s XRP to increase its payment efficiency. The company is aiming the payment system for its Amazon Web Services (AWS). If integrated, it'll enables faster, cheaper, and secure transactions on the company's massive global platforms. The company spokeswoman disclosed this information at the Amazon Web Service (AWS) panel where she said the company is working on joining force with Ripple upfront. She also made it clear that there is a team member that focuses on exploring and mapping the use of the XRP for payments on the company merchants platform, consumer platforms, and applications. If partnership is secured and Ripple's XRP is integrated into Amazon's payment system, it'll enable fast, and low-cost transactions. It can also adopt secure crypto made for c…
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He is a seasoned journalist with extensive experience in consumer tech, economy, finance, business, money and shopping. Currently chasing a BSc degree in Accounting.
