By
Chimamanda U. Martha
April 18th, 2024
While Cardano seeks to improve the world of cash transfers and finance, fronting its native token, ADA as a sustainable payment digital currency, Amazon’s business spread through the sale of consumer goods, the design of tech-focused innovations, and cloud infrastructure.
The potential possibility of the Cardano blockchain and American multinational e-commerce giant Amazon.com Inc (NASDAQ: AMZN) inking a partnership in the near future is not clear at this point, as gleaned from a recent Twitter poll organized by a Cardano fan. The fan, whose Twitter account goes by the name Pieter Nierop, opened a poll in which he asked his over 31,700 followers and the general public if they think Amazon will have a partnership with Cardano.
The poll ended with 3,949 people making their opinion known and 67.9% people said they believe the partnership will happen, while 32.1% supported the opinion that such partnership is unlikely, at least in the near term. The result of the poll itself has sparked an almost unending debate amongst Pieter’s fans with some maintaining the position that those who ticked yes to the poll are being unrealistic.
Charles Hoskinson, Cardano founder and Chief Executive Officer of Input Output Global (IOG) waded into the conclusion of the poll to bar people from thinking that the dominating number of Yeses is a reflection of reality. Charles, who also maintained an active presence on social media dispelled the talk of partnership with Amazon, saying the deal is not to his knowledge.
Not to my knowledge either
— Charles Hoskinson (@IOHK_Charles) September 22, 2021
While the clarity that Charles brought into the discourse did not either affirm ongoing talks with the ecommerce unicorn, it also did not rule out the potential for future dealings.
Cardano and Amazon Partnership May Not Be a Difficult Arrangement
There are many ways that two businesses or projects can collaborate, especially when their primary business focus is very dissimilar. While Cardano seeks to improve the world of cash transfers and finance, fronting its native token, ADA as a sustainable payment digital currency, Amazon’s business spread through the sale of consumer goods, the design of tech-focused innovations, and cloud infrastructure.
The probable ways Amazon could collaborate may feature integrating Cardano as one of its supported payment models alongside fiat, a move that is unlikely, seeing the Seattle-based company previously refuted a similar rumor about integrating Bitcoin (BTC) back in July.
One other way the duo of Cardano and Amazon could form a bond is perhaps in the hosting of some of the DApp infrastructures coming alive on the Proof-of-Stake (PoS) network on the Amazon Managed Blockchain, as a similar integration was done with Ethereum (ETH) as reported earlier by Coinspeaker.
Cardano is currently powering a number of collaborations both with on-chain and off-chain organizations, and future partnerships with outfits as big as Amazon will not come as a surprise.