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Walmart in search of cryptocurrency expert to drive its digital strategy

Walmart had experimented with distributed ledger technology for nonfinancial uses, such as tracking food and drugs along the supply chain.

Walmart is looking to hire a digital currency and cryptocurrency product lead, who will drive the retail giant’s digital currency strategy by leading the identification of technology and customer trends.

According to the retailer’s careers page, the person filling the role would also identify crypto-related partnerships and investments, advise on those investments, and be based in Bentonville, Arkansas.

In 2019, Walmart applied for a patent on a cryptocurrency similar to Facebook’s nascent project dubbed Libra.

Walmart had experimented with distributed ledger technology for nonfinancial uses, such as tracking food and drugs along the supply chain.

Walmart had an unsuccessful attempt to get a US bank charter in the early 2000s but went on to create a fintech unit called Hazel earlier this year.

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