Just started coding for the project. We started coding the Freescale ARM processor in the mBed platform, using the already available Bluetooth and RFID libraries; I have already included the GitHub link to the repository. There has been an effort from the team to set up a initial version of the Android App as well.
We haven't received any of the hardware ordered, so testing is out of question for the next week at least. Once we get our hands on it, there will even be a field test for you guys to watch on youtube.
We will keep you updated on the advances of the project.