A German company, KSW-Microtec, recently designed microchip technology that is wash resistant, enabling microchips to be sewn into clothing. And according to EE Times (as cited in McCullagh, 2003), the European central bank is considering embedding RFID tags into banknotes by 2007. Although this new technology provides endless opportunities in invoice tracking and point of sale transactions, it also has awakened many concerns about the privacy and security of those controlling and using the technology...
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With such a huge market there is the risk of abuse. With the deployment of the low cost technology, the privacy of individuals and organisations are at risk. The threat to the consumer also raises privacy concerns. RFID will enable consumers to
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Mr. Passive RFID tags do not require batteries, and can be much smaller and have an unlimited life span. Because passive tags are cheaper to manufacture and have no battery, the majority of RFID tags in existence are of the passive variety...	3 / 643
Rfid RFID has been in use by the US Government for Tracking Nuclear waste material shipments and tracking cattle to administer right dosages of hormones and medicines in them since 1970’s...	13 / 3604
RFID RFID would also provide a solution to finding lost and missing children, or track down a prison escapee. The list could be endless in matters along these lines...	2 / 343
RFID The bar code on one milk carton is the same as every other, making it impossible to identify which one might pass its expiration date first. RFID technology can deliver benefits in many areas, from tracking work in process to speeding up throughput in a warehouse...	3 / 781