Could Walmart’s Crypto Expert Vacancy Reveal a Future Crypto Strategy?
Walmart, the largest private employer in the United States, with 2.3 million employees placed a vacancy seeking a crypto expert to oversee, what could be, their upcoming digital currency push. The US supermarket chain has placed the ad for the position of product leader who will have the important task to outline their cryptocurrency strategy.
According to the job posting Walmart is looking for a “visionary leader”, with at least 10 years of product management or technology experience to develop its blockchain strategy, preferably someone possessing “significant functional knowledge of the cryptocurrency ecosystem and an entrepreneurial mindset”.
Walmart has been experimenting with blockchain for quite some time now. In 2018, the company started started using IBM’s food tracking solution for leafy vegetables. The Chinese branch of Walmart even made their products traceable via VeChain. In 2019, Walmart filed a patent to launch a US-based stable coin that would benefit low-income households that do not have good access to banking services.
Although the complete job description of the newly aquired crypto expert is not entirely out in the open yet, as the vacancy mainly describes who they are looking for, and not so much what the job might entail, Walmart might be dusting off the idea to start its own coin again.
Walmart is not the only company that has been plunging into to the digital deep of cryptocurrency. Amazon has shared a similar vacancy, but says it’s not going to accept bitcoin any time 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 with cryptocurrencies, although indirectly for now, through applications that convert the digital currency into U.S. dollars.
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