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Walmart is the largest private employer in the United States, with 2.3 million employees, and is hiring an encryption expert to oversee their upcoming digital currency. The American supermarket chain has already advertised for the position of product leader, which will take on the important task of outlining its cryptocurrency strategy.
According to the recruitment information, Wal-Mart is looking for a “visionary leader” with at least 10 years of product management or technical experience to formulate its blockchain strategy, preferably with “an important functional knowledge of the cryptocurrency ecosystem and “Entrepreneurship mentality”.
Walmart has been experimenting with blockchain for some time. In 2018, the company started using IBM’s leaf vegetable food tracking solution.Walmart China even passed VeChainIn 2019, Wal-Mart applied for a patent to introduce a stable currency based in the United States, which will benefit low-income families who cannot obtain good banking services.
Although the full job description of the newly acquired crypto experts has not yet been fully disclosed, because the vacancy mainly describes the people they are looking for, not what the job might require, Walmart may be considering the idea of starting with its own coins.
Walmart It is not the only company involved in the digital depth of cryptocurrency. Amazon has similar vacancies, but said it will not accept Bitcoin anytime soon. Other companies such as JPMorgan Chase, Apple and PayPal are all hiring for cryptocurrency positions.
Other companies such as Whole Foods, Starbucks, and Home Depot already allow customers to pay in cryptocurrencies, although currently indirectly through apps that convert digital currencies into U.S. dollars.
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