Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of D...

Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of D...

Walmart’s global chief technology officer has revealed crypto’s role in the retail giant’s future. “Crypto will become an important part of how customers transact,” the executive said. “We want to make sure that we make it as friction free for customers to be able to transact.” Executive Discusses Crypto in Walmart’s Future Walmart Global Chief Technology Officer and Chief Development Officer Suresh Kumar discussed cryptocurrency at Yahoo Finance’s All Markets Summit Tuesday. Replying to a question about the role of crypto in....


Related News

Retail Giant Walmart Enters the Metaverse With Walmart Land and Universe of P...

Walmart has entered the metaverse with the launch of Walmart Land and Walmart’s Universe of Play on Roblox. The metaverse gaming platform has 52.2 million daily active users and 11.3 billion engagement hours. “Our customers are spending loads of time there,” said a Walmart executive. Walmart Entering the Metaverse U.S. retail giant Walmart announced Monday the launch of “Walmart Land” and “Walmart’s Universe of Play” on the metaverse gaming platform Roblox. The announcement explains that Walmart Land will....

Retail Giant Walmart Hiring ‘Cryptocurrency Lead’ to Develop Digital Currency...

Walmart, the world’s largest retailer, is hiring a “digital currency and cryptocurrency product lead.” The company says it “enables broad set of payment options for its customers” and is developing a “digital currency strategy and product roadmap.” Walmart Developing Crypto Strategy and Product Roadmap Retail giant Walmart posted a job opening for a “digital currency and cryptocurrency product lead” Sunday. It is a full-time position based in Bentonville, AR, where Walmart Inc. is headquartered. The posting details: As one of the....

U.S. Retail Giant Walmart Looking To Get Into Crypto Payments, Hiring Digital...

Crypto payments are inevitable at this point. And it looks like the big shots know this too. U.S. retail giant Walmart has sparked a lot of speculations in the market with its recent ad posting. The posting which was made on LinkedIn said that the company was in search of a digital and cryptocurrency product […]

Walmart Allows Customers to Buy Bitcoin at 200 Stores

Retail giant Walmart says that bitcoin can now be purchased at 200 of its stores in the U.S. The cryptocurrency is offered through Coinstar kiosks located inside Walmart stores. Coinstar is currently offering bitcoin at more than 8,000 kiosks. Buying Bitcoin at Walmart Bitcoin can now be purchased at 200 Walmart stores in the U.S., the company reportedly said Thursday. This is part of a pilot program with Coinstar, which operates machines that allow customers to exchange U.S. coins for paper bills or gift cards. The pilot began earlier this month, according to Walmart....

Is Walmart gearing up to enter the Metaverse?

The retail giant submitted a total of seven patent filings, signaling plans to create its own digital currency and NFT collection. It appears that retail giant Walmart Inc. is getting ready to enter the Metaverse with patent filings indicating that it plans to create its own cryptocurrency and NFT collection. The multinational retailer filed several new trademarks with the U.S. Patent and Trademark Office on Dec. 30, however, they remained unnoticed until a Jan. 16 report by CNBC shed more light on Walmart’s ambitions. Walmart filed a total of seven patent applications at the time,....