Amazon Job Itemizing Seeks DeFi Expertise

Amazon has listed a job posting titled “head of product, blockchain,” that’s on the lookout for a person who’s enthusiastic about decentralized networks. 

“Do you wish to outline the longer term course for a way Amazon Net Providers (AWS) will allow prospects to unravel issues and innovate with blockchain know-how throughout a variety of industries and use circumstances?” asks the put up. 

The fundamental {qualifications} for the job are simple and embody a college diploma and “sturdy technical acumen.” 

Underneath “most well-liked {qualifications},” nonetheless, Amazon clarifies that “expertise in decentralized finance is a plus.” 

Amazon is hoping to seek out somebody with expertise in blockchain frameworks and, particularly, functions, together with Ethereum. 

The expansion of DeFi

DeFi has grown in leaps and bounds over the past 12 months. 

After the total value locked in DeFi functions this time final 12 months was at simply over $1 billion, the trade expanded to new heights. In Might of this 12 months, DeFi hit an all-time excessive in whole worth locked in slightly below $90 billion. 

In the present day, the DeFi trade’s whole worth is $59 billion, a good distance from its all-time excessive. 

Complete Worth Locked in DeFi since June 2020. Supply: DeFi Pulse

Many in crypto remained excited by the world of decentralized finance, together with Mark Cuban, Dallas Mavericks proprietor and now well-known crypto bull. 

Earlier this month, Cuban mentioned that DeFi staking is without doubt one of the chief causes behind Ethereum’s worth improve, which he described as “uncapped.” 

“I noticed one thing that mentioned two million individuals are utilizing DeFi proper now,” he beforehand advised Decrypt, including, “That’s an entire lot of cash that’s not going by way of the banking system.”

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