The largest North American retailer by total sales is looking to hire an expert in cryptocurrency and digital payments.
The new role of the Crypto and Cryptocurrency Product Leader will be to develop the cryptocurrency strategy and roadmap for the development of this new product.
It is likely that Walmart will take steps to accept cryptocurrency as a payment mechanism, although no additional details have been provided in this regard.
Walmart seeks to build a roadmap for cryptocurrency:
Seeking “WalMart” by providingnew positionobtainexpert in digital currency / currencies encrypted and related technologies Balblokachin.
According to the announcement, the successful applicant will identify investments and partnerships related to cryptocurrency.
The basic requirements for this position are:
Bachelor’s degree (though MBA preferred), more than ten years of experience in product management and technology marketing, experience in the cryptocurrency ecosystem and related technologies.
This salary is not specified.
The job announcement comes less than a month after rival commerce giant Amazon published its own job advertisement for cryptocurrency and blockchain product leadership.
In late July, Amazon’s Digital Payments and Experience team posted an announcement of an experienced product leader developing Amazon’s crypto and blockchain strategy and product development map.
The move sparked widespread speculation that the online shopping giant would accept crypto payments, although Amazon denied any reports that it would accept payments in bitcoin.
Digital Payment Race:
Two years ago, Walmart applied for a patent on a stable cryptocurrency similar to Facebook’s Libra project at the time, although no further news has emerged about that.
In December 2020, Walmart was included in the blockchain-based reward platform StormX.
StormX offered a 4% incentive in cryptocurrency for all Walmart purchases at the time.
Walmart has also experimented with blockchain technology for non-financial purposes, such as tracking medicines and food along the supply chain.
It’s only a matter of time before one of the world’s retail giants opens the gates by enabling cryptocurrency payments, and the rest will follow very quickly when that happens.