“I don’t own bitcoins myself,” Andy said in an interview.
“We may not be using cryptocurrencies as a payment mechanism for our retail business yet, but I believe that over time you will see cryptocurrencies become stronger,” Andy added.
Amazon has shown interest in cryptocurrencies before. Last year, Amazon intended to add a digital currency and blockchain expert to its payments team to help develop a “strategic and product RoadMap” using new technologies.
According to Jassey, “I expect NFT to continue to grow significantly.”
He says he sees a future in which the e-commerce giant will sell NFTs, which are digital assets — from music to Web site domains to digital artwork — whose ownership is recorded in blockchain.
He said: “I think it’s possible on the (Amazon) platform.”
NFT has gained widespread popularity over the past year, and there is some overlap of interest between the technology and cryptocurrency enthusiasts. Data shows that NFT transactions reached $17.6 billion last year, an increase of 21,000 percent over 2020.