Topic: WALMART is hiring a cryptocurrency product lead ! (Read 309 times)

I think Walmart’s decision to hire a blockchain product lead is a smart strategic business move. The more large corporations like Walmart embrace the use of blockchain technology in different areas of their supply chain the greater chance they will have in staying relevant in the new digital economy. I believe this new hire move will have a positive effect on Walmart’s stock because it shows investors that they have a commitment towards innovation and are interested in future proofing their business.

ubisoft is hiring too for blockchain, so i guess everyone is starting to move ?

And what they will try to do with crypto? Another SQL implementation? Wallmart sale token? Sounds strange

These days a lot of good news is starting to emerge for bitcoin. this will be a good influence for the price of bitcoin. The more adoption there is, the more people will know bitcoin and use it. Walmart is a US retail giant that will have a huge impact on bitcoin and cryptocurrencies. more and more other big companies are starting to research and adopt bitcoin.

Although it is started from hiring someone who really knows about cryptocurrency, we may expect that Walmart is really interesting in cryptocurrency and probably will start to a big something else in crypto.
They are a big company in the world. Many people may know this Walmart. Once this announces something about cryptocurrency and that is valid, it will really gives a positive impact on them. However here, we may not be sure enough when it will happen.
But at least, they need someone who knows about investment and probably uses case of Crypto itself and will go to another big jump of the adoption.

I am not really surprised that big companies are beginning to make plans for implementing blockchain technology into their businesses or at least are exploring if the implementation of it is possible or if it makes sense for them. WalMart is of course a huge player and a company name that almost everyone in the world has heard before even if you are not from the US. I don't think that i have ever seen a walmart store in germany and i don't know if there even is one, but still know about walmart of course. I also think though that news like this are nothing special anymore so i don't expect this news to have any impact on the price development now.
If Walmart announces in the future that they will also accept cryptocurrencies as payment in the future, then this will surely have an impact.

So after all the I'll talk against crypto now every big companies are joining? Lol this makes the sentence ( if you can't beat them you join them ) 💯 true lol, this is good news but I won't fomo yet on this until more concentrate proof shows up, like Walmart really exposing this as a fact

I believe that investing in Bitcoin and blockchain will go hand in hand as big companies in the US are doing so. Walmart is a big and old business. They will have a strategy to grow their corporation for many years to come so blockchain is key along with other technologies. Bitcoin is considered a legal asset and many companies have invested in it so I am confident that Walmart's system is ready to accept Bitcoin in the future.

Not certainly Walmart using existing crypto out there but possibly them transferring their existing rewards features and payments over to a cryptocurrency. Those are two different things. Walmart is a huge company, and even if we have a reason to believe that they can take risks and accept crypto on their end any time soon, a lot of legalities would come along the way that will prevent them from doing so.

I guess let's not be extremely hyped about the posting. A lot of huge companies with crypto-related openings in the past hasn't really been able to do change on their companies by adding or integrating cryptocurrencies.

Just to get a quick sense of crypto jobs on offer, and bearing in mind that the results are non-exhaustive and dependent on the penetration of LinkedIn in the sought countries amongst other things, I’ve searched for the term "cryptocurrency" on LinkedIn for a bunch of random countries, to see how many currently open positions there are available, rendering the following results:

USA:            Over 9.000 jobs
UK:              909 jobs
India:           772 jobs
Canada         399 jobs
Germany:     310 jobs
Netherlands: 305 jobs
Ireland:        206 jobs
France:        191 jobs
Portugal:      162 jobs
Switzerland:   72 jobs
Japan:           66 jobs
Spain:           57 jobs
Brazil:           42 jobs
Israel:           32 jobs
Italy:            16 jobs

Of course the sought term is generic, and you see posts ranking from manager through developer, to trading expert, but it gives a small sample idea of current market demands for crypto-related profiles is some countries. Bear in mind that the above is relative to current demand, not covering existing employees in the industry which are way higher (Consultancy firms, banks, large retails already researching options, fintech, etc.).

Large corporations not dedicating some resources to at least exploring crypto as payment methods, are not placing their eyes on all of the board game.

I mean with Tesla accepting bitcoin as payment method and the news hovering over amazon either by accepting bitcoin as a payment as well or creating their own currency, it is no surprise to see many other companies and economical giants racing towards adapting this news concept and investing in the crypto market that has been rapidly growing and it reached the point where it has become a multi billion dollar market, and i am sure that we are on the verge of seeing many other doing the same.

They are not looking for an executive director and certainly won't hire one without experience in their own company or one that applies to an ad, they've searched for a product lead, meaning a person that is in charge of running a team that will either launch or prepares a product.
Unfortunately for me, it seems far likely it's one of their own creation, an addition to the already existing Walmart Credit and Money cards.


Nope, that's exactly what large companies do, they do a lot of testing, especially the ones that are having a lot of stores or cover multiple countries, it's nothing special to see many stores in a region to be beta testers of something.  The perfect example was how scanning your own purchases and paying was rolled out by every company, Walmart launched it in a few stores and then decided to retire it because of bad feedback from clients and low usage. They've spent billions, tested it for months in one hundred and so stores, and then abandoned it. Now they've moved to a new version, and are currently testing it in a few superstores but are still using employers to scan. On the other hand, they are testing cashier-less functions in some others.

People often don't realize how much testing is done, how many hours, and how much money is spent sometimes on products that will never be completed or dropped a few days before being introduced to the public.


Rush in with a product and don't thoughtfully test on your payment network, end with people blocking your customer's lines because their payment doesn't go through, have people pay you 5$ of BTC, and when your system is batching payment you realize it's paying more than what is worth to use the dust received because your system fees are not well designed, implement a thrid solution that has never been tested at a large scale and piss of your customer as it never works?
How do you go about processing chargebacks, how are you offering refunds, who is issuing them, what department is in charge of calculating and sending those back,...do you seriously think such a large chain will simply hand the cashier a smartphone with electrum on it, and that's all, everything is ready to go?

For its a great news for crypto now it  will be little more easy to reach more person about crypto. Hope this gives a little push in market because bitcoin is in stable zone which is a sideways trading zone which is also huge risky for traders. And now we can hope that walmart maybe accpet bitcoin very soon as a payment method. Not only after this things happen lots of business will also do the same and more country will be little more aware of this and people of those country can easily ask for bitcoin permission on their country.  Its my feel others can be different thank you

If they do plan on accepting cryptocurrency payments then I do not think it would take as long as you think. They would not need to test it or do limited roll outs. They could test it themselves but when it is working they do not need to touch it. They do not lose any thing by including crypto payments on their platforms. I still think that we are being optimistic and I think this newly hired person will be a advisor for investing into Bitcoin instead of accepting it on their platforms.

It looks like there are a lot of larger businesses hiring cryptocurrency people lately. Since the larger they are the slower they move we are probably years away from seeing anything real. There will be tests and limited roll-outs. Then pulling back and examining the results, they some other testing. Then it will either all come to a big launch or just shutdown and moved to the this didn't work (make us enough profit) pile.

In the crypto space we are all used to seeing things happening very quickly, in the "real" world, big business moves at a snails pace.

-Dave

Not a chance they don't plan to! It is very exciting to see how this big institutions are now competing among themselves in btc adoption or at least recognising btc and it's importance to their business, I must say it is both surprising and pleasant news all together, never thought a company like Walmart will easily get on board, am very excited to see the turn up in the next few months, definitely btc price will grow as well.

IMO, I guess cryptocurrency adoption is much alive, and the big companies are doing it despite the negative publicities and other damaging issues that were thrown in the crypto industry recently, from regulation to climate change issues, etc. but despite all of that issues here we are witnessing the crypto adoption in the making and this time it is Walmart a US retail giant and then who's follow's next? Anyway, its a positive news and I'm hoping that the next information about this will be more productive.   

This does not mean that Walmart are planning on accepting Bitcoin but as a company they could be looking to invest capital into Bitcoin. I hope that giants like Walmart do accept Bitcoin in the future because that would help adoption but I am not getting my hopes up until they accept it and continue accepting it for a couple of years.

I think it is for investing into Bitcoin and not accepting Bitcoin in their stores.

Every large company has a research department. Samsung, Hyundai, Apple, Microsoft, Google have dozens of blockchain patents that have been registered for intellectual property. So I do not doubt that Walmart is looking for experts to research blockchain technology to apply to its company.
Blockchain will help them manage their supply chains more efficiently.
Blockchain adoption is trending and I believe it's right.

This is the great thing about investing in Bitcoin and crypto. Large companies haven't adopted to the technology yet, and when they enter the space, price are bound to go up.

Walmart is a huge company. It is so nice to hear they are entering the crypto bandwagon. Hope they will accept BTC and ETH in their stores worldwide. I wish not just Walmart but every store in the world would accept crypto as payment.

Well, that was fast ^{[that "job listing" no longer exists]} and since I never got the chance to read it, then I'm going to trust @dkbit98 interpretation and say that we shouldn't get excited about something that would probably have little to no impact on BTCitcoin.

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But that's more beneficial to them, as opposed to the end-users.

Blockchain though is permanent, if Walmart finds it's very interesting and can help them in their daily business decisions so why note? I'm not sure why you tell people not to fantasize, I mean many companies are slowly hedging bitcoin or any crypto in their balance sheet, so that's not fantasy but reality already.

So we will have to see what Walmart's decision will be, I think they have seen what happen to Facebook supposedly Libra coin, so I doubt that they will go that way.

Walmart is not the first and it's not going to be the last one doing such a thing. Since cryptocurrencies are getting being used by more people all over the world, any company would like to use these and they will definitely need some cryptocurrency experts to guide them in that way. Even if they don't want to do anything related to cryptocurrencies the company will need to get some knowledge about cryptocurrencies they will lose both time and money. Even, the companies, that hate cryptocurrencies will hire cryptocurrency experts to guide them on how to stay safe from cryptocurrency scams. So, I guess there will be more companies hiring cryptocurrency experts soon.

Its a very big company in a different location, its is definitely an adoption worth waiting for the whales to live like a king. We are all very early in the Bitcoin investment, if walmart will start before the year ends, I guess they could accumulate more especially because lockdowns make people are panic buy every time there are supplies.
Every shopper will have to also adopt cryptocurrency too. I hope its not just Bitcoin that they will accept but also ETH and some that they'll pick.

Early adopters have very good future. I think the bitcoin adoption growth will not only depend on this. But this is also a good sentiments to increase bitcoin price. It will be good if we keep earning and hold bitcoin until all systems are build. Walmart is very big company and already reach so many people and make them become their customers. On the other side Walmart also get new customers from cryptocurrency community.

With news like this, anyone who thinks they are too late to buy Bitcoin should think twice. It is true that:


But all these big companies are going to help popularize and normalize cryptocurrencies, including Bitcoin, which is No. 1. It will no longer be something weird, linked to scam or ponzi scheme when you can pay at Walmart using their shitcoin or with Bitcoin directly.

Those stuff are pretty easy for their current IT to do in my opinion. Maybe their trying their hands on something that's a bit more different than what's currently available for the market or maybe they are going to integrate blockchian or crypto into their system. A crypto gift card would be awesome though.

You didn’t think they’d sit back and let Amazon and Apple run away with the crypto payments space did you? Im sure we’ll see Q3 bring all 3 companies holding BTC on their balance sheets and a Q4 acceptance of Bitcoin to some degree to power their investment into the stratosphere. So much money flooding into crypto in the next couple months…

Maybe they are hiring because they are looking for developers to make a Walmart custodial wallet maybe? or perhaps a bitcoin (or any cryptocurrency) gift cards instead of the usual stuff? This is kind of big since a giant like Walmart is interested in cryptocurrency. I'll definitely look forward to this since this is going to be big in the future.

If based on the career page
Walmart career page
It seems that they may be going to start a business development related to digital and also cryptocurrency.
Although it may not be as near as now, at least, they have started nice things about crypto.
In one of the job descriptions, they said:
So, maybe there will be another surprise again by Walmart after this  

It is not something surprising and it has been happening perhaps not with such renowned companies, because it may be that some companies already have personnel specialized in cryptocurrency, we saw it recently with amazon who showed a job related to cryptocurrencies.

There is something on it tweet of "hey, we are also getting involved," now, in terms of the price effect, we are living it, we are in +20kx2.2 we must not forget that the $20k barrier was not broken years ago it was only a few months ago.

The same excitement when we first saw Facebook hiring crypto and blockchain experts. This could lead them to make their own coin instead and have its usage towards their company.
This would be the next trend that most companies will have to consider their own tokens and might think that it can also be marketable worldwide as tradable stock for them.

That is if they are going to accept bitcoin in the future.

But let's not celebrate yet, it could not be bitcoin the way I see it. Perhaps just their own centralized token that they have total control of.

Walmartcoin anyone?

well, right now, we can only assume things about their plans. but with the hiring of a position dedicated as a Crypto and Digital Currency Product Lead, it means, they are seriously looking into crypto as part of their business. they may diversify their business with the integration of crypto-related products. and let us see who they will hire and if he is indeed capable of serving walmart's interest on crypto.
this news will boost further adoption in crypto as there are so many walmart shoppers and they may attract their interest in using crypto.

Only a matter of time until all big corps like Walmart accept bitcoin & put it on their balance sheets. It’s a dog eat dog world out there, adapt or die.

well they haven't released anything so we can't be sure... but...
why hiring a cryptocurrency product lead and not somewhat else? it's full of app related cashback points rewards and so on....
they are looking for an "executive director", much probably they are looking ahead in crypto field and not just one centralized coin.

After reading this Walmart job listing all I can see is that they want to make something similar like Amazon is doing with making their own centralized walmart coin product,
instead of using already proven and tested and decentralized thing called Bitcoin.
They want to have full control of supply and they want to earn money from this thing and they just want to ride on wave of Bitcoin bull run.
This news could bring more attention to Bitcoin, but I would suggest people to not waste time with projects like this, that can't bring anything positive to end users except more tracking and surveillance.

I completely agree, sooner than later things seems to be unfolding before our very own eyes, few years back nobody would believe this giant will consider crypto as part of their activities, 'if you can't beat them you join them' they can no longer resist for too long, the road to acceptance is inevitable. Btc is gradually wining them over no doubt. I hope they can make it official and not act like Amazon who are still confused.

Walmart has taken a nice step. One taken in the right direction. If I remember vividly PayPal used to have vacancies up like this some years back and then ended up building a crypto product and service for their user. Walmart might be looking to get into crypto and if that's the case, I reckon they'll have more vacancies in the near future in an attempt to build up their crypto department.

Market will go haywire if they officially announce plans to offer crypto products or services to their millions of users, huge!

Absolutely! As the days go by we will see more and more big companies getting involved with crypto in their services which is a good thing because will make the demand for crypto even greater and will push the price to explode.

https://twitter.com/DocumentingBTC/status/1427302686643392513/photo/1

https://www.coindesk.com/retail-giant-walmart-hire-digital-cryptocurrency-lead

I think we are simply witnessing the inevitable future
How many times it will takes the full process from selection ---> job interview ---> hiring ---> on-board ---->  etc etc?
My two cents... When a behemoth like this will release some app or official launch crypto service the effect on the price will be something explosive....