TechFlow news, July 16. According to U.Today, Ivan Branco, Head of Logistics Information Management at Volvo Group, recently disclosed that the company is developing a proprietary cryptocurrency for supplier transaction settlement. Volvo tested the currency in a closed environment, aiming to unify the transaction process between material suppliers, transportation suppliers, and Volvo with a single cryptocurrency, and record all transportation order information via a blockchain ledger, to simplify information exchange methods and improve supply chain collaboration efficiency.
Add to Favorites
Share to Social Media
