[Volvo Group Tests Proprietary Cryptocurrency to Optimize Supply Chain Transaction Settlement] According to U.Today, Ivan Branco, Volvo Group's Head of Logistics Information Management, revealed that Volvo Group is developing a proprietary cryptocurrency for supplier transaction settlement. Volvo Group is testing the currency in a closed environment, aiming to streamline transaction processes between material suppliers, transportation providers, and Volvo Group. Additionally, all transportation order information will be recorded on a blockchain ledger to simplify information exchange and enhance supply chain collaboration efficiency.