2023-01-30


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Media / ShowBiz / Advertising

Law Breaking / Police / Internal Security

  • Lowe's pioneers system to solve organized retail crime

    Over the last 12 to 18 months, Lowe's Innovation Labs has been testing out the system which utilizes RFID [Radio Frequency Identity] chips, scanners and blockchain. To work, manufactures would first have to embed a wireless RFID (Radio Frequency Identity) chip into a power tool product. The chip is already pre-loaded with the items serial number. It is also embedded in the box’s barcode. The product is set to inoperable up until the moment the customer pays for it. An RFID scanner at the register would then read the chip and activate the tool for use.