Radio Frequency Identification
Devices (along with Superconductivity) is one of
two promising frontiers of silver usage. The invention and
use of RFID's is an inventory management technology similar
to the role of barcodes. They are small tags using a few
milligrams of silver as part of their passive
electric signal which can be scanned from a distance with
multiple readings taken all at once.
For any
inventory or tracking management situation, such as warehousing,
libraries, shipping and mail, factory lines, and passports
to name a few of potential applications, RFID's promise
to offer a new level of control, ease and efficiency into
any logistical environment. They can be re-used but not
recycled, withstand wear or exposure and offer indirect
scanning without necessary eye or hand contact.
If RFID's become
widely a widely adopted technology, they would need to
be manufactured by the millions, which is the significance
to the silver market and the potential demand. For a full
discussion of RFID's, The
Silver Book - Fortis.
