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Amazon Looks to Hire Blockchain Staffers With Experience of DeFi

“Experience in Decentralized Finance a plus,” the ad says.

Amazon is searching for staff with experience in decentralized finance (DeFi), according to a job ad posted for Blockchain Head of Product.

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“The candidate will have a track record delivering outstanding products at scale in emerging spaces, and is passionate about blockchain, distributed systems, and cloud scale software,” the ad stated. “Ideally you will have experience delivering products or innovations in the blockchain space, and in particular DeFi or Traditional Financial Services.”

Amazon has been subject to speculation it was looking for staff to build a digital payment token, which appeared to be part of an emerging-payments initiative to be test-driven in Mexico.

The blockchain product lead is part of Amazon Managed Blockchain, which recently added support for Ethereum, the public blockchain that is the original home of DeFi. Amazon Managed Blockchain started out as the internet giant’s version of an enterprise blockchain cloud offering. Rather like Microsoft’s Azure blockchain, it’s a way for companies to quickly spin up private or permissioned blockchains in the cloud.

If nothing else, it’s clear DeFi has caught Amazon’s attention. The company namechecked DeFi on three occasions. “Experience in Decentralized Finance a plus,” the ad says, along with a familiarity with Ethereum and Hyperledger Fabric.

“Amazon Managed Blockchain (AMB) is a fully managed service that accelerates customers' ability to create and leverage scalable blockchain technology for current and innovative business use cases across DeFi, Supply Chain, Financial Services, Identity, and more."

Ian Allison

Ian Allison is a senior reporter at CoinDesk, focused on institutional and enterprise adoption of cryptocurrency and blockchain technology. Prior to that, he covered fintech for the International Business Times in London and Newsweek online. He won the State Street Data and Innovation journalist of the year award in 2017, and was runner up the following year. He also earned CoinDesk an honourable mention in the 2020 SABEW Best in Business awards. His November 2022 FTX scoop, which brought down the exchange and its boss Sam Bankman-Fried, won a Polk award, Loeb award and New York Press Club award. Ian graduated from the University of Edinburgh. He holds ETH.

Ian Allison