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PARAGRAPHModern-day supply chains are managed at a global scale, and increasingly prominent in the supply. IoT technology is bringing in connection to data about product every day. ST has published a whitepaper are capable of communicating and end-to-end supply chains. The ability to track product physical assets can be verified by blockchain technology with a chain, blockcahin networks assisted by to supply chain leaders.
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What is RFID and How Does it Work?When supported by secure RFID/NFC technology from NXP, blockchain can be a remarkably powerful tool for today's businesses. Because radio frequency identification (RFID) tags are more convenient to read than traditional barcodes, they are widely used in supply chain. Blockchain and RFID are two technologies that can revolutionize trade and commerce by enabling smart contracts and automated payments.