So, looks like Walmart are joining the token market. Keen to know your opinions on how this will impact Bitcoin and the Cryptocurrency e-commerce space?
Walmart announced that it applied for a cryptocurrency patent and, predictably, the cryptopress began speculating about the giant retailers plans and intentions.Walmart tends to become an ecosystem payment mechanism and bank the unbanked. Why Walmart Wants a Cryptocurrency? Banking the unbanked, payroll, and to eliminate credit cards. There are two primary reasons why Walmart wants a cryptocurrency: 1) Reduce interchange fees, and 2) Enhance cross-border remittances.