Walmart seeks crypto expert to oversee digital currency push

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Walmart is looking to hire a cryptocurrency expert to develop a blockchain strategy, joining a growing number of large companies exploring the viability of digital currencies such as Bitcoin. Excerpt from a report: The post will be responsible for “developing the digital currency strategy and product roadmap” and identifying “crypto-related investments and partnerships,” according to a job posting on Sunday on the retail giant’s website. The senior manager will be based at Walmart’s offices in Bentonville, Arkansas.

While Walmart’s specific intentions weren’t immediately clear, the job description referred to the “broad set of payment options for its customers” in stores and online. The company did not immediately respond to a request for additional information. Walmart’s recruiting effort comes weeks after a similar job posting by rival Amazon.com, indicating that the largest retailers in the United States may soon allow customers to use cryptocurrencies to pay for their purchases. . PayPal Holdings began allowing certain customers of its Venmo app to buy, sell and hold digital currencies earlier this year and stepped up efforts last week.

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