Citizens Reserve, Smartrac partner to improve track and trace of goods
The partnership will use Smartrac’s RFID tags and Smart Cosmos, the company’s IoT solutions platform, to assign physical items a digital identity.
Citizens Reserve, Los Gatos, Calif., announced a partnership with Smartrac Technology Group, The Netherlands, to implement Citizens Reserve’s SUKU blockchain solution to improve the track and trace of goods from supplier to retailer.
The partnership will use Smartrac’s RFID tags and Smart Cosmos, the company’s Internet of Things (IoT) solutions platform, to assign physical items a digital identity that can be carefully and accurately traced along the entire supply chain. Teaming up with SUKU will also offer existing Smartrac clients an accessible entry point to provide even more transparency, traceability and security to their businesses through SUKU’s immutable and decentralized ledger.