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Why Does Walmart Want A Cryptocurrency?

From forbes.com

Walmart announced that it applied for a cryptocurrency patent and, predictably, the cryptopress began speculating about the giant retailers' plans and intentions. CCN wrote: "The move to patent a blockchain-based stablecoin variant generates speculation. Is Walmart trying to compete with Facebook Libra? Will CEO Doug McMillon be hauled in before legislators to defend his company’s right to innovate? Let’s not forget their over 2 million employees who could be paid in this new currency and immediately find themselves with access to the budding global crypto economy. The only thing that could make this better for the ... (full story)

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  • Category: Fundamental Analysis