Walmart’s future digital currency and crypto product lead would be based within the firm’s residence workplace in Bentonville, Arkansas.
North American retail giant Walmart is searching for an experienced crypto professional who can develop and drive an ambitious digital currency strategy and product roadmap.
Within the listing for the function, Walmart signifies it’s searching for somebody who has a monitor report in main and scaling companies, with at the very least 10 years of expertise in product/program administration and technology-based product commercialization. The perfect candidate would have experience in cryptocurrencies and blockchain-related technologies and in-depth information about the crypto ecosystem and its core actors.
Walmart has hinted at the focus of its future digital currency strategy by noting that it already enables a “broad set of payment options for its clients” — although not yet in cryptocurrency. Back in 2019, Walmart had already filed a patent for a blockchain-based U.S. dollar-backed digital currency that was, at the time, similar to Facebook’s early proposals for what was then referred to as Libra.
This year, Walmart created a fintech enterprise known as “Hazel,” which could reportedly be poised to offer a variety of monetary services built-in into a “mobile-first ‘super-app.‘”
Walmart’s future Digital Currency and Crypto Product Lead could be primarily based within the firm’s residence workplace in Bentonville, Arkansas. Along with developing and driving a total crypto strategy, their key tasks would contain figuring out customer needs and translating them into product requirements; forging partnerships with the product, technology and design leaders; committing to a crypto product roadmap and driving the project’s execution; and figuring out crypto-related funding alternatives and partnerships.
Amongst North American megafirms, Walmart is just not alone in search of integrating digital currency into its e-commerce and wider enterprise technique. This February, Amazon posted a job listing for a frontrunner to supervise a brand new digital foreign money service in Mexico that will allow customers to spend digital currency whereas shopping.
Along with its slow foray into digital foreign money correct, Walmart’s blockchain-related projects need to date centered on using the technology for purposes that include providing chain administration, buyer marketplaces and sensible appliances.