Walmart CTO Says Crypto and Blockchain Will Take Center Stage in Digital Strategy

The chief technology officer of Walmart has said that crypto and blockchain technology will play a central role in the company’s forthcoming digital strategy. Walmart CTO Suresh Kumar told Yahoo Finance All Markets Summit that he believes cryptocurrencies will become a major disruptor in payments, and intends to position the world’s largest company by revenue accordingly. To that end, Kumar said he is working to streamline the use of cryptocurrencies for customers, whom he said will eventually be able to use crypto at Walmart’s online stores. However, Kumar stressed that the emerging technology will not only revolutionize payments, but could also facilitate a change in the way customers interact with consumer products.#web3grandpappa #togrp

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