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Amazon Web Services plans to integrate crypto services

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  • Crypto services like underwriting, transaction processing, and custody is being seeked by AWS
  • AWS seeks to hire a financial services specialist who can work with global financial institutions and FinTech firms
  • The cloud computing services provider is looking to enhance the way such firms are transacting cryptocurrency in the current world

Crypto has gained mainstream popularity with its tremendous potential and high returns since the beginning of this year. Following the true utility of the digital assets several firms are integrating relatable services. Moreover, several businesses have also commenced to accept cryptocurrencies as payments. Recently, Amazon Web Services (AWS) has hinted to the world that it seems to drive in the cryptocurrency wagon. Notably, the cloud services provider seeks to drive cryptocurrency settlements and custody digital assets to the cloud. Following the aims, the firm is looking out for specialists who can foster virtual currencies underwriting.

AWS posted job vacancy for financial specialist

Amazon Web Services offers reliable, scalable, and inexpensive cloud computing services to silence globally. According to a recent job offering from the firm, it is revealed that the firm is seeking specialists in the crypto industry. The cloud computing service provider is looking for someone to foster cryptocurrency underwriting, transaction processing, and custody in the cloud.

According to the job post, AWS looks to Drive Crypto Settlements. Indeed, the right candidate will transform the way firms transact in cryptocurrency, stablecoins, central bank digital currency, and Non-Fungible Tokens (NFTs).

AWS will work with global financial institutions

The cloud computing giant seeks to hire a Financial Services Specialist. According to the posted job offer, it is revealed that the candidate will have to work with global financial institutions and innovative Financial Technologies (FinTech) firms. Ultimately, AWS is looking to enhance the way such firms are transacting cryptocurrency in the current world. The cloud computing firms also offer services related to crypto from price discovery to execution, settlement, and custody of such assets.

Amazon’s much awaited move in cryptocurrency

Amazon’s first step in the world of crypto assets was much anticipated. It is expected that the cloud computing provider will include some kind of payment token. Indeed, the cryptosphere was expecting a crypto coin entitled “Amazon Coin” as observed following the previous job offerings. 

Meanwhile, Amazon Web Services is tailoring its infrastructure to things like cryptocurrency transactions. Moreover, processing and custody of digital assets will likely be seen as a smart move, the one similar to what IBM cloud computing is doing. According to the job offering, working hand in hand with the sales team ,solution architects, ISVs, and system integrators will help deliver the solutions that move clients towards end-to-end crypto underwriting.

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