Amazon launches its Virtual Currency, 'Amazon Coin' in the UK

Right from ancient times there has been one medium or the other to complete transactions. The barter system was replaced by money. Now with cashless transactions on the rise I would really not be surprised if people started adopting the digital currency. Six Months after its launch in North America, Amazon Coin was made available for users in the UK on 22nd November 2013.

Amazon Coins enable its existing and new Kindle Fire customers to buy applications online. The company started promoting the coins by giving them free to both existing and kindl ...

To continue reading, sign up for MEDICI Inner Circle and get free access for 30 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.