Radio Frequency Identification (RFID) is a technology that uses radio waves to electronically identify objects. An RFID system consists of tags attached to objects, readers to interrogate tags, and middleware. Tags can be active with an internal power source or passive, deriving power from reader signals. RFID provides benefits over barcodes like contactless identification of multiple tags and greater reading ranges. While RFID adoption has increased in applications like supply chain management and asset tracking, issues remain around costs, standardization, and privacy/security concerns.