According to U Today, Ivan Branco, the head of information management for Volvo Group Logistics, said the company previously tested a blockchain-based closed transaction system with some materials and transportation suppliers, and created a dedicated cryptocurrency for the trial to settle between suppliers and Volvo. The related exploration was mainly intended to address issues such as fragmented supply-chain information, complex transactions, and collaboration efficiency problems, rather than issuing tokens for public markets.

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MEVHound
· 9h ago
Dedicated cryptocurrency settlement—sounds like an upgraded version of internal points, but if it can work, that’s progress.
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HotWalletHater
· 13h ago
Trials are trials, but large-scale rollout still depends on cost and how well vendors cooperate—let’s wait and see.
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OCOMaster
· 13h ago
A closed system plus a dedicated coin is pretty pragmatic. By not touching the public markets, they avoid a lot of regulatory hassles.
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0xPie
· 13h ago
Traditional companies are finally taking blockchain seriously. This Volvo move isn’t hype—it’s genuinely aimed at solving supply-chain pain points.
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