Walmart posts a job listing for a crypto product lead
One of the largest retailers and e-commerce companies in North America, Walmart, is currently seeking for an experienced digital and crypto currency product lead to join the team at the headquarters in Bentonville, Arkansas.
The company is looking for a candidate with an MBA degree (or equivalent) and at least 10 years of experience in product/program management and technology driven product commercialization. Expertise in blockchain technologies and profound understanding of crypto ecosystem are listed as great advantages for a job seeker.
Walmart does not show its hand regarding what the direction of its future crypto strategy is. However, the company specifies they are already offering numerous payment options for their customers. Cryptocurrency is not one of them yet.
What is known is that future crypto product lead will be responsible for forming and implementing crypto strategy; shaping customer needs into product requirements; searching for investment and partnership opportunities in the sphere of cryptocurrency and many more.
Interestingly, back in 2019 Walmart filed a patent suggesting the company was working on “generating one digital currency unit” tied to the USD and based on blockchain technology (similar to Facebook’s Libra crypto coin). This year, Walmart is making its steps to disrupt incumbent banking with its fintech startup called Hazel that offers an array of financial services to its customers through a mobile-first “super app”.
Many other corporate giants are now working actively on integrating cryptocurrency in their business strategies. For instance, Amazon opened a job position in February hinting that the company was working on a crypto project in Mexico.