Crypto to Play a “Critical Role” in the Way Consumers Transact – Walmart CTO

It can’t be denied and it’s out of the box so much that to deny Bitcoin and crypto’s part in our future daily lives would be to make oneself look like a fool

Crypto To Play A ‘Critical Role’ In The Way Consumers Transact: Walmart CTO

“Suresh Kumar, the global chief technology officer at retail powerhouse Walmart, has predicted that cryptocurrencies will become ‘a key component of how customers transact’ as part of the payments ‘disruption’ taking place in the industry.

In an interview with Yahoo Finance All Markets Summit, Kumar outlined the retail giant’s aggressive expansion strategy, saying that he anticipates a future in which digital assets will be utilized throughout its online stores and the metaverse.

‘I think a lot of the disruption is going to start happening in terms of different payment methods, and different payment options,’ he said.

Kumar also indicated that a substantial number of consumers will find more information regarding the use of digital assets that are being promoted via the virtual realm and social media apps’ live feeds, and that asset types like Bitcoin might be an essential form of payment in these settings.

He added:

‘We want to be present where the customer needs us most.’”


Master Asked on October 19, 2022 in Cryptocurrency.
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