Based on the fusion of wireless sensor modules and UHF RFID readers, this paper develops a UHF RFID reading and writing system based on wireless sensing technology and designs a communication interface circuit that integrates wireless sensing and RFID technology. The financial supervision mechanism of the Internet of Things compatible with these two technologies improves the communication distance limitation of the RFID system and improves the flexibility of the RFID reading and writing system. Secondly, in view of the security issues of WSN small and medium data distribution, this paper proposes a lightweight small data supply chain financial supervision program. The solution adopts two‐way authentication technology based on the improvement of the Internet of Things supply chain, the negotiation of the Internet of Things supply chain, and a lightweight encryption algorithm, which realizes the secure communication between ordinary nodes and gateway nodes, and can more effectively solve the problem of small and medium data distribution in WSN to resist the deficiencies of the financial supervision mechanism; compared with existing solutions of the same magnitude, it has higher security and efficiency. Experimental simulation shows that an important problem in the converged network is the imbalance of node energy consumption. In order to reduce the negative impact of the imbalance of energy consumption on the network, this article compares the two for direct transmission protocol and minimum energy multihop routing protocol. From the perspective of supply chain process performance, based on the proposed technical impact framework, it analyzes how companies actually carry out ID application work, making the research from general to individual, from theory to practice. The network energy consumption calculation method under this protocol improves an improved network architecture model that increases the communication scale. The test results show that the technical impact analysis framework established in this article based on the theory of the Internet of Things and the advantages of RFID technology can analyze the automation benefits, information benefits, and transformative benefits brought by automatic identification technology to the supply chain and introduce complementary resources and potential factors. It provides a theoretical basis and operation method for measuring the impact of RFID on the performance of the financial supervision process based on the Internet of Things supply chain in practical applications.
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