The Walmart (NYSE: WMT) location in Bentonville, Arizona is looking for a Digital Currency and Cryptocurrency Product Lead.
As noted in the job description, Walmart appears to be looking for a professional who is passionate about virtual currencies and “driven by opportunities to scale new products and businesses.”
Walmart’s job posting further noted that as one of the biggest retailers and digital commerce firms, it enables a wide range of payment methods for clients.
As stated in the job description:
“As digital currency / cryptocurrency lead at Walmart, [the ideal candidate] will be responsible for developing the Digital Currency strategy and product roadmap. As an expert in Digital Currencies / Cryptocurrency and Blockchain related technologies, you will drive the vision for the product and capabilities roadmap. You will provide the leadership to identify technology and customer trends and the investments needed to build on those trends.”
The Walmart team also mentioned that they’re looking for a “visionary leader” who has an established track record of a history of “leading and scaling businesses.” The ideal candidate will have a record of creating innovative solutions to customer problems “by leveraging new technologies and customer insights.”
Walmart is specifically looking for a professional who will be able to “own and drive the Digital Currency strategy” for the company.
The industry leader will be tasked with identifying key customer requirements and then “translate them into product requirements.” The candidate will be expected to “partner effectively with the product, technology, and design leaders to deliver results.”
The professional will have to “commit to a product roadmap and drive the project execution.” They will also be tasked with “identifying crypto related investment and partnerships” while serving as a subject matter expert both internally and externally.
(Note: for more details on this job description, check here.)
As covered in February 2021, the World Wide Public Sector (at Amazon) team had reportedly been looking to recruit an experienced Principal Technical Program Manager (TPM) – Digital Currency to serve as the technology “enabler” for “innovating” their customer solutions in support of their goal of promoting economic development and inclusion, risk oversight and consumer protection and financial and “monetary stability.”
As posted on Amazon Jobs, earlier this year, in this particular role, the candidate will be responsible for shaping the technical direction and that “allows our team and customers to innovate quickly, will evangelize new features and direction to our customers, working to accelerate feature adoption and track the realized impacts.”
As the TPM, the professional will be responsible for interacting with the leadership team at all levels (Directors, Governors, GMs, CISOs, CIOs and CTOs) of Central Banks, financial regulators, inter-governmental organizations (IGOs) and international financial institutions (IFIs).
It’s worth noting that both Amazon and Walmart may not yet have a complete or comprehensive cryptocurrency / blockchain-focused business strategy, because that’s clearly not their main product offering.
Amazon and Walmart are the world’s largest commerce companies and for them to simply appoint a professional to focus on crypto-related initiatives should not come as a surprise or considered a big deal.
In a detailed conversation with Crowdfund Insider, Douglas Horn, the Chief Architect at Telos, and CEO at GoodBlock, had noted that large retailers like Amazon may have realized that virtual currencies could potentially play a key role in the future digital economy.
That’s why they may have decided to hire some of these experts, so that they are prepared to address relevant business requirements during meetings as well as being able to work on initiatives in this area if needed, Horn said.