2min chapter

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Our Predictions for 2022!

After Hours

CHAPTER

Is Amazon Ready to Introduce a Crypto Currency?

Two thousand 22 is the year that amazon introduces a closed loop loyalty programme as a way to familiarize its customers with the notion of an amazon coin. I don't think amazon is ready to fully introduce its own crypto currency, but i think it's absolutely in a position to introduce amazon points that consumers start to treat as a virtual currency within the amazon ecosystem. So imagine earning points for everything you buy on amazon, every movie you watch, every piece of music you listen to. And then you can then spend the points within the system, just like, you know, any kind of traditional loyalty programme. But it becomes a way for them to introduce a virtual coin

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