POPA ReconVolvo Tests a Proprietary Crypto for Supplier Payments
Volvo Tests a Proprietary Crypto for Supplier Payments Volvo Group is testing an in-house cryptocurrency to settle payments across its supply chain, a senior logistics exec revealed on a Cardano Foundation podcast. It runs as an enclosed, permissioned network between Volvo, its material suppliers and its transport partners. The token targets real operational pain — trust gaps between suppliers, slow payment reconciliation and compliance tracking — with a shared onchain ledger logging every transportation order in the network. No public or tradable token was disclosed; the crypto is internal-…
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