Walmart is the latest major retailer looking to expand its digital currency and blockchain strategy.
Walmart is on the hunt for a cryptocurrency project lead, as first spotted and reported on by Bloomberg earlier this week.
A job post (now removed) on the company’s website announced the position opening, calling for a candidate who will be responsible for developing the retailer’s “digital currency strategy and product roadmap,” as well as identifying “crypto-related investment and partnerships.”
Related | Cryptocurrency Owners More Than Doubled To Over 200M In 6 Months
The right candidate will be a “visionary leader” with at least 10 years of product management or technology experience to develop Walmart’s blockchain strategy, preferably someone who has “significant functional knowledge of the cryptocurrency ecosystem” and an “entrepreneurial mindset.”
The listing goes to state that, “as one of the largest retailers and e-commerce companies, Walmart enables a broad set of payment options for its customers.” Candidates are expected to “provide the leadership to identify technology and customer trends and the investments needed to build on those trends.”
In essence, the retail giant is looking for a leader who is able to identify investment and partnerships opportunities within the crypto sector and to master projects related to blockchain assets.
The retailer’s job post has attracted worldwide attention as the move comes just a month after Amazon advertised a similar role seeking a “digital currency and blockchain product lead.”
The moves indicate that fortune 500 companies are increasingly consolidating their crypto development efforts.
At the time when Amazon made its own job post announcement, a spokesperson from the company told CNBC that it was exploring ways to get involved in cryptocurrency.
“We’re inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon. We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible.”
Walmart’s move certainly confirms that this expansion is indeed part of a new trend.
You might also like
More from Tech
Check Out The 21 New Emojis Coming With iOS 16.4
With iOS 16.4 beta version, iPhone, iPad, and Mac users can discover the 21 new Emojis, including the long-awaited pink …
Apple Could Soon Allow Third-Party App Stores On The iPhone
Upcoming EU rules could mean Apple will have to allow third-party app stores on the iPhone starting in 2024.The news …
Apple Enhances Security with End-to-End Encryption for iCloud Backups
Apple is expanding its iCloud security features and introducing support for security keys for two-factor authentication.TL;DR; – Apple has announced …
Google Japan Unveils An Insane 5-Foot Long Keyboard
The “Key Bou” is an insane 5-foot straight bar keyboard designed by Google to promote its virtual GBoard, available on …
Govee Rolls Out A New 16-foot Premium Smart LED Strip
Govee’s new multicolor smart LED strip is 16 feet long (5 meters) and has a built-in mic for syncing to …
Kim Kardashian And Beats Introduce Special Edition Fit Pro Earbuds
Kim Kardashian's special edition Beats Fit Pro are now available at Apple stores.The earbuds come in three neutral colors, Moon, …
Lyft Wants To Cash In On In-Car Digital Ads
Lyft announced the launch of Lyft Media, a new digital advertising business unit with the potential to add billions to …
Amazon Alexa Mimics The Voices Of Your Dead Relatives
Amazon is testing an experimental Alexa feature that allows it to mimic the voices of your dead relatives. Read that …
Adobe Announces Express Content Scheduler
Adobe has announced Adobe Express Content Scheduler, a new tool to help social media managers make, plan, preview, and publish …
