Suresh Kumar, CTO of Walmart, claimed that the cryptocurrency will be used as a means of payment in the near future.
Kumar, who attended the market conference organized by Yahoo Finance the other day, stated that Walmart company is looking forward to cryptocurrencies. Stating that the company has a positive approach to this technology, CTO claimed that it will be adopted globally. According to the CTO, customers will be able to pay for virtual and physical goods with cryptocurrencies in the near future.
Walmart is in Hot Contact with Cryptocurrencies
Kumar highlighted three main disruptions in the financial sector. Stating that cryptocurrencies are at the center of these disruptions, Kumar said;
“Especially when we talk about crypto, it will be about the discovery of products and then how people transact, whether in physical or virtual environments, the metaverse or different domains.”
The company, which stepped into metaverse technology with its joint work with Roblox last month, introduced Walmart Land. It is claimed that the company, which is also close to cryptocurrencies, will use it as a payment tool in the near future.
The company, which serves globally, continues to work on spreading crypto payment support. However, in the past, there was a false news that a partnership with Litecoin was established. Walmart has more than 200 Bitcoin ATMs in its stores since 2021.
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