Dutch firm to integrate blockchain in RFID tags

Citizens Reserve, Inc., developer of the SUKU supply chain platform, has partnered with Dutch radio-frequency identification (RFID) and Internet of Things (IoT) company Smartrac. Forbes reported that Smartrac, purchased in 2010 by JPMorgan-owned One Equity Partners, will be integrating blockchain technology in its products, to enhance security and tracking abilities. Its CTO, Dinesh Dhamija, said in an email, “The combination of Smartrac’s digital enablement capabilities along with Citizens Reserves’ SUKU platform will provide a unique identity for each physical product with a transparent and accessible supply chain solution.”