Volvo is testing its own cryptocurrency for supplier transactions - Breaking News
Ivan Branco, head of information management, artificial intelligence and analytics at Volvo Trucks Operations, said in an interview with the Cardano Foundation that the project is an in-house exploration to simplify cross-border transactions. Branco stated that they are exploring with certain transportation suppliers whether they can establish a closed environment with a purpose-built cryptocurrency for transactions between the material supplier, the transportation supplier, and the company itself.