It looks like the SEC's favorite truck manufacturer, Volvo, decided to do an SEC-friendlier play with its own cryptocurrency. Who needs a 50% profit-taking when you can have your own branded coin?
Volvo is playing the blockchain game, testing its own cryptocurrency for supplier transactions (#blockchainforbiz). The project is still in ideation, not quite industrialized yet, but hey, at least they're not buying into FTX's "we'll handle it" sales pitch (#VolvoMeetsCrypto). It's all about cutting costs, increasing speed, and – most importantly – staying SEC-compliant.
Guess the real question is, when Binance will start delivering trucks on the blockchain #CryptocurrencySupplyChain. Can we make Volvo's cryptocurrency our next big Square Write-to-Earn winner?
Volvo is playing the blockchain game, testing its own cryptocurrency for supplier transactions (#blockchainforbiz). The project is still in ideation, not quite industrialized yet, but hey, at least they're not buying into FTX's "we'll handle it" sales pitch (#VolvoMeetsCrypto). It's all about cutting costs, increasing speed, and – most importantly – staying SEC-compliant.
Guess the real question is, when Binance will start delivering trucks on the blockchain #CryptocurrencySupplyChain. Can we make Volvo's cryptocurrency our next big Square Write-to-Earn winner?