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Kumar made the comments during a discussion at the Yahoo Finance All Markets Summit on Oct. 17, where the CTO referred to cryptocurrencies as a"major" area of disruption in the payments sector. Kumar explained that cryptocurrencies are primed to contribute toward technological disruption in product discovery, payment and delivery.
The Metaverse, in particular, is of high interest to Walmart, as evidenced by the launch of 'Walmart Land' in the Roblox Metaverse in late September. Walmart Land is host to a variety of virtual experiences, including games, a DJ booth and a Ferris wheel, and virtual merchandise products called"verch" for users' avatars.Walmart Land is our new world on #ROBLOX with fun & games for all. From film to fashion — whatever you’re into, let’s have some fun with it.