Walmart, the largest privately held company in the United States, with 2.3 million employees placed a vacancy seeking crypto experts to oversee, what could be, their upcoming digital currency push. A US supermarket chain has placed an advertisement for the position of a product leader who will have the important task of outlining their cryptocurrency strategy.
According to the job posting Walmart is looking for a “visionary leader”, with at least 10 years of product or technology management experience to develop a blockchain strategy, preferably someone who has “significant functional knowledge of the cryptocurrency ecosystem and an entrepreneurial mindset”.
Walmart has been experimenting with blockchain for some time now. In 2018, the company started using IBM’s food tracking solution for leafy vegetables. Walmart’s China branch even makes their products traceable via chain. In 2019, Walmart filed a patent to launch a US-based stable coin that would benefit low-income households who do not have good access to banking services.
While the full job description of the newly acquired crypto expert isn’t fully open yet, as the vacancy primarily describes who they’re looking for, and not what the job might require, Walmart may be ditching the idea to get started. the coin itself again.
Walmart not the only company that has plunged into the digital depths of cryptocurrencies. Amazon has shared similar vacancies, but has said it won’t be accepting bitcoins any time soon. Other companies such as JPMorgan Chase, Apple and PayPal, are all recruiting for cryptocurrency positions.
Other companies such as Whole Foods, Starbucks, and Home Depot are already allowing customers to pay with cryptocurrency, albeit indirectly for now, through apps that convert digital currency into US dollars.