Walmart is looking to get in on the action with cryptocurrencies as the the worlds’ largest multinational retail corporation has initiated a search on Monday for a digital currency and cryptocurrency product lead.
The position will be based in Walmart’s Bentonville, Arkansas headquarters and responsible for developing the retailer’s “digital currency strategy and product roadmap” as well as identifying “crypto-related investment and partnerships,” according to the job posting on Walmart’s career website.
Candidates must have a bachelor’s degree in business, engineering, or a related field and seven years of experience in merger and acquisitions, investment banking, business development or a related area.
In addition, they must have at least 10 years of experience in product or program management, technology commercialization and/or technology, experience with the cryptocurrency ecosystem and related technologies and experience in developing strategy and the execution roadmap.
Walmart’s preferred qualifications for candidates in the role include a master’s degree or higher in business, engineering, or a related field, supervisory experience leading corporate development teams, experience leading cross-functional teams, experience leading post-merger management activities involving acquisitions and divestitures and project management experience, according to the job posting, which Bloomberg reported.
That sentiment has been echoed by other Fortune 500 companies such as JPMorgan Chase, Apple and PayPal, which are all hiring for cryptocurrency positions. Some companies including Starbucks, Whole Foods and Home Depot already allow customers to pay with cryptocurrency indirectly through applications that convert the digital currency into U.S. dollars.