RFID is a system that uses radio waves to wirelessly transmit data between a tag and reader. It has advantages over barcodes like not needing line of sight and ability to read/write data. There are different types of tags based on power source and range. Common frequencies used are low, high and ultra-high frequency. RFID is used for applications like asset tracking, process control, data lineage tracing and automated replenishment. The Internet of Things connects physical objects through embedded technology like sensors to exchange data. Near Field Communication is a short-range wireless technology that allows data exchange when devices are 10cm apart and is used for contactless payments, ticketing and access control.