According to Walmart’s CTO Suresh Kumar, cryptocurrencies simplify the interaction between buyers and sellers in the online space.
With the help of such a tool, customers can make purchases both in social networks and in projects representing the metaverse. Moreover, with the help of Bitcoin and other digital currencies, the retailer’s customers can purchase not only virtual, but also real goods.
Walmart’s CTO has stressed that customers need to provide a variety of options for paying for goods and services. Cryptocurrencies complement the traditional financial system and reduce transaction costs.