RFID Technology, or Radio Frequency Identification, is a method used to automatically identify and track tags attached to objects. These tags contain electronically stored information and can be read from a distance using radio waves. RFID systems typically consist of three components: a tag, a reader, and an antenna. This technology is widely used in various industries, including retail, logistics, and healthcare, to improve inventory management and enhance security. The main advantage of RFID is its ability to read multiple tags simultaneously without needing a direct line of sight. This makes it more efficient than traditional barcode systems. As RFID Technology continues to evolve, it is becoming increasingly integrated into everyday applications, such as contactless payment systems and smart supply chains.