Jeff Bezos, the founder of Amazon and the current CEO is going to step down from his role, and Amazon Web Services (AWS) CEO Andy Jassy will replace Jeff Bezos.
How came this topic related to cryptocurrency? Andy Jassy, the future Amazon CEO left some statements regarding cryptocurrencies and blockchain technology, according to a report by Cointelegraph on December 02, 2017.
The report includes the annual AWS re:Invent conference held in Las Vegas in November 2017. While in the conference, Jassy detailed his points of view on Blockchain technology.
Mentioned “beyond the distributed ledger” while claiming there are limited use cases of Blockchain. But however, He noted there is a number of other solutions to the problems that Blockchain technology is supposed to solve.
So his position was the distributed ledgers that are available, have limited capabilities while leaving the statement “Amazon Web Services won’t launch blockchain-based services”.
But he didn’t quite only saw the downside of Blockchain technology. He claimed also they are interested in ways that Blockchain could help and benefit their customers.
According to Cointelegraph, this position change could be an indication of the long-term cryptocurrency strategy of the world’s third-most valuable company by market capitalization.