Sure Blog

Latest Events in the Crypto Industry

Walmart is hiring a “digital currency and cryptocurrency product lead”

Walmart has begun its search to hire a “Digital Currency And Cryptocurrency Product Lead” to “own and drive the Digital Currency strategy”. As one of the world’s biggest retailers, Walmart’s new position could be a promising development for the Bitcoin community. 

The new role is for a senior director to be based in the Walmart headquarters in Bentonville, Arkansas. The role, as described on LinkedIn, is to identify cryptocurrency partnerships and investments, and also to “identify customer needs and translate them into product requirements.”

It is unclear at this point whether Walmart’s implementation of cryptocurrency payment solutions will involve the use of Bitcoin and the Lightning Network. But the position’s listing marks a decisive turn for the traditionally conservative global commerce giant, whose products and services are ubiquitous in the U.S. 

Although the position, listed on LinkedIn, doesn’t specify Bitcoin or any other cryptocurrency, it would be very difficult if not impossible for the massive retailer and e-commerce company, with millions of shoppers worldwide, to invest in something other than Bitcoin as a successful long-term store of value, or a medium of exchange for its customers.

Source: Bitcoin Magazine