The Auburn University RFID Lab has publicly announced the CHIP Project, a blockchain proof-of-concept for serialized data exchange in the Retail and Apparel supply chain. CHIP, an acronym for CHain Integration Pilot, will be the first of its kind in the industry, with the goal of integrating item-level data streams from various stakeholders into a blockchain solution, creating a common record of information jointly shared by trade partners that will enable end-to-end visibility and data-driven decision making throughout the value chain.
The Auburn University RFID Lab is excited to announce its new membership with Hyperledger, a global collaboration hosted by the Linux Foundation that focuses on the advancement of blockchain and DLT technologies. Hyperledger functions as a greenhouse for a series of open source blockchain frameworks with cross-industry applications, ranging from finance and banking to supply chain and logistics. As one of the largest working consortiums of its kind, Hyperledger is comprised of hundreds of contributing organizations such as Accenture, Deloitte, IBM, Intel, Oracle, JP Morgan, and many more.
Today's small suppliers and retail stores have scores if not hundreds of Stock Keeping Units (SKU). Because of this large number, an automated approach to inventory tracking and reordering at the individual SKU level is particularly important to apparel distribution centers and retailers. Item level tagging using Radio Frequency ID (RFID) is an excellent way to achieve an automated inventory control system that is affordable and accurate.