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C Patrick

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C Patrick

Re: None

Tuesday, 08/24/2021 9:48:45 AM

Tuesday, August 24, 2021 9:48:45 AM

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Has anyone else heard the rumor that EIPC is partnering with a cryptocurrency project to help manage logistics?

The way it's supposed to work is this: the eipc RFID technology which can be used to track unique products is paired with a cryptocurrency, such that each RFID tag can be tracked and monitored on the blockchain. This automates the tracking of any product at each point in the supply chain.

There are various crypto projects that are pursuing this type of technology for their supply chain, one of which is VeChain/VET. I have no idea who the partner is but I don't think it is a big name. Again, I only came across this as a rumor and I don't know if there is any truth to it.
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