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Volvo has tested its own cryptocurrency to explore ways to use blockchain to optimize its supply chain
Svmuu News: The 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 is evaluating blockchain technology based on business needs, with a focus on tangible commercial value.
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