RE: Crypto Dives AGAIN? Trading and Some Warnings

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Crypto Dives AGAIN? Trading and Some Warnings

in cryptocurrency •  7 years ago 

One of the issues with RFID is the cost of the chips. I worked for a business that looked at using RFID tags for tracking inventory, the average cost for a passive tag was around $1.20 CAD ~ $1 USD. It didn't make a lot of sense to use them for $25-35 products so they went with barcodes instead, but for the application that VeChain is trying to break into - luxury goods and products - it makes fiscal sense

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