According to U Today, Ivan Branco, Head of Information Management for Volvo Group's logistics operations, stated that the company has tested a blockchain-based closed transaction system with some material and transportation suppliers, creating a dedicated cryptocurrency for settlements between suppliers and Volvo. This exploration mainly aims to address issues like fragmented supply chain information, complex transactions, and collaboration efficiency, rather than issuing tokens for the public market. https://(wublock123.com)/news/volvo-tests-native-cryptocurrency-for-supplier-settlements-64727