Walmart seeks crypto expert digital currency

walmart seeks crypto expert digital currency

On August 16, emerging reports confirmed that Walmart, a Northern American retail giant, seeks to hire an expert in cryptocurrency and digital payments.

In an official announcement on the Walmart careers page, the company confirmed that it is hiring a Digital Currency and Cryptocurrency Product Lead. Based on the announcement, the new role aims at boosting development of a digital currency strategy and crypto product roadmap in the firm.

Walmart also posted a new job advert on its website and its career platform on LinkedIn a few hours ago. The new position seeks an expert in Digital Currencies, Cryptocurrencies and Blockchain related technologies before Walmart starts accepting cryptocurrencies and digital assets as payments:

“We’re seeking a visionary leader who has a history of leading and scaling businesses. You will have a proven track of building innovative solutions to customer problems by leveraging new technologies and customer insights.”

In the same context, the new position seeks an applicant who would also “identify crypto-related investment and integrate new partnerships.”

The retail giant also seeks to hire a Bachelor’s Degree holder with more than ten years of experience in product management, technology commercialization, and more experience with the cryptocurrency ecosystem and related technologies.

The newly created position advertised by Walmart comes in barely a month after its rival e-commerce giant, Amazon, posted a relatively similar job ad for a Cryptocurrency and Blockchain Product Lead.

In late July, the Payments Acceptance and Experience team at Amazon posted a job ad for an “experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap.”

The move sparked widespread speculation that the online shopping giant would be accepting crypto payments. But, Amazon refuted any reports that it would accept Bitcoins (BTC) payments at that time.

On several occasions, Walmart has adopted a warm approach towards cryptos and digital currencies as it continues embracing different crypto-related projects.

Two years ago, Walmart applied for a patent on a stable crypto token similar to Facebook’s Libra. In February 2021, Walmart also onboarded StormX, a blockchain-based reward platform, with StormX offering a 4% crypto back incentive for all Walmart purchases at the time.

Furthermore, Walmart has successfully experimented with blockchain technology for non-financial purposes including, tracking drugs and food along the supply chain. With that in mind, it might just be a matter of time before the world’s biggest retail giant opens the floodgates by supporting crypto payments, with numeral integration following in pretty quickly when that happens.

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