When it comes to NFTs used for tokenising physical assets, we agree that Ethereum and some other known yet more expensive blockchain networks are not suitable nor scalable enough for supply chain use cases. That said, new, more suitable blockchains are already being developed, and the NFT technology that can be used for tokenising the assets will continue working similarly there.

At Supplain, we see a future where existing technology platforms are connected to a supply chain-specific blockchain infrastructure that combines supply chain data from different sources into one digital NFT container for minimal costs. This by itself will lead to more connectivity while creating the potential for new business opportunities. In our perceived future, the tools themselves would be creating the NFTs along the way, and company representatives can manage which data gets stored there and who can access it.

As for technologies such as RFID - these are perfectly aligned with the NFT technology, as RFID is used to measure the data, and NFTs would be used to save and share the data.