Cryptocurrency News

Walmart To Hire Digital Currency & Cryptocurrency Product Leads Soon.

The leading United States retailer by total sales, Walmart, is looking to hire a digital currency and cryptocurrency product lead.

In line with the retailer’s careers page, the new role seeks to offer leadership with ways to spot technology and customer trends.

Investments needed to create on those existing trends will also be advised by the Bentonville-(AR)-based cryptocurrency product lead.

A part of the role’s remit embody driving the retail giant’s digital currency strategy. Identifying digital currency related partnerships and investments will also be a part of the role.

Two years earlier, Walmart applied for a patent on a price-stable crypto almost like Facebook’s nascent project, then referred Libra.

Walmart has also experimented with DLT [Distributed Ledger Technology] for nonfinancial uses like tracking drugs and food along the availability chain.

Also earlier this year, Walmart created a fintech unit called Hazel. The move signaled the big-box retailer has not lost its appetite for a bit of the buyer finance pie since its unsuccessful plan to get a United States bank charter within the early 2000s.

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