[Volvo Has Tested Its Proprietary Cryptocurrency, Exploring Blockchain to Optimize Supply Chain] According to U.Today, Volvo Group is exploring the use of blockchain technology to optimize its global supply chain and has tested a proprietary cryptocurrency designed specifically for supplier transactions. Ivan Branco, Head of Information Management, AI, and Analytics for Volvo's logistics operations in Belgium, revealed that the company evaluates blockchain technology based on business needs, focusing on its practical commercial value rather than conducting technology-first experiments.