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Walmart is now searching for a crypto lead

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Walmart, the American retail company, published on its official website a new job advertisement regarding crypto.

The largest retailer by total sales in the United States wants to hire a digital currency and cryptocurrency product lead. In the job description, the selected candidate will be in charge of crypto strategy and product roadmap. Walmart also will require the new employee to identify new collaborations and investment opportunities related to digital assets.

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“You will be responsible for developing the Digital Currency strategy and product roadmap. As an expert in Digital Currencies/ Cryptocurrency and Blockchain related technologies, you will drive the vision for the product and capabilities roadmap. You will provide the leadership to identify technology and customer trends and the investments needed to build on those trends.”

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Walmart has been linked to virtual currency projects in the past as well. Back in June of 2019, the firm applied for a crypto patent to issue a new token. “Using a digital currency, low-income households that find banking expensive may have an alternative way to handle wealth at an institution that can supply the majority of their day-to-day financial and product needs.”

The company also explored distributed ledger technology two years ago. The retail giant participated in a drug-verification pilot with IBM, KPMG, and drugmaker Merck. The project did not have financial purposes but tracking ones. “We are learning, which is the point of these pilots, but our ultimate goal through both is to create a safer, more transparent supply chain for our customers.”

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