Auburn RFID Lab works with Nike to combat counterfeits

Dive Brief:

  • The University of Auburn partnered with global brands to test coordinating supply chain data using blockchain technology.
  • Participating retailers and suppliers recorded the movement of hundreds of thousands of individual products in a combined, permissioned Hyperledger blockchain.
  • Adopting such a system could lead to billions in savings for the global retail industry.

Dive Insight:

For more details, follow the link below to the source.

Source: Decrypt

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