Skip to main content

Retail Giant Walmart Hiring ‘Cryptocurrency Lead’ to Develop Digital Currency Strategy and Products

Retail Giant Walmart Hiring 'Cryptocurrency Lead' to Develop Digital Currency Strategy and Products

Walmart, the world’s largest retailer, is hiring a “digital currency and cryptocurrency product lead.” The company says it “enables broad set of payment options for its customers” and is developing a “digital currency strategy and product roadmap.”

Walmart Developing Crypto Strategy and Product Roadmap

Retail giant Walmart posted a job opening for a “digital currency and cryptocurrency product lead” Sunday. It is a full-time position based in Bentonville, AR, where Walmart Inc. is headquartered. The posting details:

As one of the largest retailers and e-commerce companies, Walmart enables [a] broad set of payment options for its customers. As digital currency/ cryptocurrency lead at Walmart you will be responsible for developing the digital currency strategy and product roadmap.

“As an expert in digital currencies/ cryptocurrency and blockchain related technologies, you will drive the vision for the product and capabilities roadmap,” the posting continues. “You will provide the leadership to identify technology and customer trends and the investments needed to build on those trends.”

Among several responsibilities, the successful candidate will “own and drive the digital currency strategy for Walmart,” “commit to a product roadmap and drive the project execution,” and “identify crypto related investment and partnerships.”

The basic qualifications required for the crypto lead position include a bachelor’s degree and “Experience with the cryptocurrency ecosystem and related technologies.”

Last month, Amazon, the world’s second-largest retailer, posted a job opening for a “digital currency and blockchain product lead” to develop its crypto strategy “including the customer experience, technical strategy and capabilities as well as the launch strategy.” The e-commerce giant is also rumored to start accepting bitcoin and other cryptocurrencies by the end of this year. However, the company denied having specific plans for crypto.

What do you think Walmart is planning to do by hiring a digital currency and crypto product lead? Let us know in the comments section below.



from Bitcoin News https://ift.tt/3xQ7I3L

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...