Sounds all nice and practical until you realize it is also a Big Brother technology to track everything and everyone. You are kidding yourselves if you don't think this has already been built into their business model. It certainly has. In the future there will be no more checkpoints with "your papers please." This is because the RFID chips will already give it all away and you will very conveniently lose all your privacy as a consequence.
Wake up and smell the neofascist state coming your way. Vechain, Walton, IOTA and a number of other IOT related blockchains are fully and completely driving this IOT tracking push . Why do you think they are partnering with the Chinese government, one of the worst nations on the Earth for human rights? There are no surprises with this if you have at least one functioning brain cell. People are worrying about the crypto centralization vs. decentralization debate but not worrying about this?? Wow, crypto greed is truly the biggest blinder ever..