1. TOP TECHNOLOGY TRENDS RFID and NFC What is it? RFID stands for radio frequency identification and is the use of a wireless non-contact system that uses radio-frequency electromagnetic fields to transfer data from a tag attached to an object, for the purposes of automatic identification and tracking NFC is Near Field Communications is a is a set of standards for smartphones and similar devices to establish radio communication with each other by touching them together or bringing them into close proximity These two technologies will allow users to execute transactions, control movement of goods and a host of other non-contact communications

2. TOP TECHNOLOGY TRENDS RFID and NFC Why is it Important? The business uses such as being able to locate and track inventory, tools, technology and equipment can provide benefits in inventory control, theft prevention and misuse of company assets. The use of NFC can improve throughput and record information efficiently and effectively eliminating the line of site requirements of traditional laser scanners Tracking Laundry and Other Items

3. TOP TECHNOLOGY TRENDS RFID and NFC Issues and Risks Lost or stolen NFC cards may enable unauthorized access Impact of misuse of an NFC card may not be easily identifiable Lost or damaged tags will make it difficult to determine the exact location of inventory if products are not stored in predetermined areas Concerns over loss of information or privacy by card users Walk-off Possible compromise between user leaving the site and the transaction timing out RFID Coke Dispenser with added KICK