In the listing for the role, the North American retail giant Walmart indicates it is looking for someone who has a track record in leading and scaling businesses, with at least ten years of experience in product/program management and technology-based product commercialization. The ideal candidate would be an expert in cryptocurrencies and blockchain-related technologies and have in-depth knowledge of the crypto ecosystem and its core actors.
Walmart has hinted at the focus of its future digital currency strategy.
The retail giant Walmart has hinted at the focus of its future digital currency strategy by noting that it already enables a “broad set of payment options for its customers.” Last year, Walmart had already filed a patent for a blockchain-based U.S. dollar-backed digital currency that was, at the time, similar to Facebook’s early proposals for what was then known as Libra. Now the retail giant has created a fintech venture called “Hazel,” which could reportedly be poised to offer a wide range of financial services integrated into a “mobile-first ‘super-app.‘”
The new strategy includes forging partnerships with the product, technology, and design leaders.
According to the listing, Walmart’s future Digital Currency and Crypto Product Lead would be based in the company’s home office in Bentonville, Arkansas. In addition to developing and driving an overall crypto strategy, their key tasks would involve:
- Identifying customer needs and translating them into product requirements.
- Forging partnerships with the product, technology, and design leaders.
- Committing to a crypto product roadmap and driving the project’s execution.
- Identifying crypto-related investment opportunities and partnerships.
Earlier, Amazon also posted a job listing for a leader to oversee a new digital currency service in Mexico that would allow users to spend digital currency while shopping.