Walmart Looking for a Crypto Executive per Recent Job Posting
Walmart, America’s global retailer, is looking for a cryptocurrency product lead.
Walmart Hunting for a Crypto Product Lead
According to the ad, the company is ” seeking a visionary leader” to fill the position of “digital currency and cryptocurrency product lead.” The employee would formulate a digital currency strategy for the big-box retailer.
The role is looking for:
- expert in Digital Currencies/Cryptocurrency and Blockchain related technologies
- drive the vision for the product and capabilities roadmap.
- identify crypto-related investment and partnerships
The job requires a Bachelor’s Degree (though an MBA is preferred), at least 10 years of experience in product or program management, technology commercialization, and knowledge of the cryptocurrency ecosystem and associated systems.
It is still unclear which products the selected individual will work on. The job posting came weeks after rumors circulated that Walmart’s rival Amazon was planning a major entry into the digital currency market. Amazon is also looking for a digital currency and blockchain product lead.
Walmart’s Involvement With Crypto
Walmart sought a patent on a stable crypto token two years ago, comparable to Facebook’s Libra initiative at the time, but no further information has surfaced since.
Walmart has also used blockchain technology for non-financial applications including tracking pharmaceuticals and food across the supply chain.
Walmart launched Hazel, a fintech unit, earlier this year. Since failing to obtain a U.S. bank charter in the early 2000s, this was a hint at how the retail giant has maintained its appetite for getting involved in consumer finance.
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