Blockchain Application in Rfid Domain

Abstract

Many people associate Blockchain technology exclusively with the payment system and earnings via the Internet, but its application is much greater. In this paper, after exploring chapters related to blockchain technology and microchips (RFID chips), we will be able to see how wide the application of blockchain technology is and the full extent of its capacity and possibilities for use in a variety of different areas of life. The paper aims to show the possibility of applying blockchain technology for object tracking. The idea of the application in a retail chain has been proposed.