Lowe's Innovation Labs has developed a proof-of-concept system called Project Unlock, which is geared towards tackling the ongoing issue of organized retail crime.
So far, the solution has, which Godbole says is "disrupting an enjoyable experience that customers rightfully should have."
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. 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.
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