Cisco Systems Inc, Bosch Ltd and several other companies, have set up a consortium to work on how blockchain can be used to secure and improve "internet of things" applications, as sectors beyond finance seek to benefit from bitcoin’s underlying technology.
U.K.-based luxury clothing and shirt retailer Thomas Pink launched an Internet of Things pilot at its Wall Street store in New York City this month that features ultrahigh-frequency (UHF) RFID technology to track the movement of merchandise in real time throughout the business, and RetailNext camera-based technology.
Luxury clothing retailer Thomas Pink says it has deployed the Acuitas Digital Internet of Things (IoT) platform, which helps retailers to digitize the physical store, at its Wall Street store in New York City.
The latest news, analysis, trends and solutions for big data, blockchain and the internet of things (IoT) and their impact on supply chain management. Big data describes the large volume of data that inundates a business on a day-to-day basis and can be analyzed for strategic business insights. IoT is the means that collects and sends data from a range of “things” — anything from watches to fridges to cars — that are connected to the internet with sensors or computer chips. Learn how companies around the world are using big data, blockchain and IoT for supply chain optimization and competitive advantage.
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