RFID – The acronym spells Radio Frequency Ide
ntification (RFID) System and this technology is loaded with the potential of changing the dynamics of the global business environment. To be precise, this technology will determine how transactions (of any kind) are done in the future. Microscopic beads implanted in a chip would be utilised to tag currency and other documents and would represent the person who conducted the transaction. RFID will also implement interactive packaging, which would help in curbing internet crime. To be precise, RFID would be the future’s security devices.
For Complete IIPM Article, Click on IIPM Article
ntification (RFID) System and this technology is loaded with the potential of changing the dynamics of the global business environment. To be precise, this technology will determine how transactions (of any kind) are done in the future. Microscopic beads implanted in a chip would be utilised to tag currency and other documents and would represent the person who conducted the transaction. RFID will also implement interactive packaging, which would help in curbing internet crime. To be precise, RFID would be the future’s security devices.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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