Radio Frequency ID tags or RFID Tags came into limelight when Walmart insisted their suppliers to have them by January 1st 2005. RFIDs have existed for few years and are used as security devices on Music CDs, Games CDs and DVDs and various other areas.
There are however many unexplored areas where RFID solutions can be used. We are going to explore some of these areas for potential product and/or services that Businessworks Inc can provide.
If we go with RFID based solutions, manufacturing RFIDs will not our goal as it can be prohibitively expensive. Our goal would consist of using RFIDs readily available and building custom solutions and sell it to Government and private organizations.
This idea ranks very high in our potential list of technologies. Tomorrow I will discuss Nanotechnology.
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