'RFID' stands for Radio Frequency Identification. This technology uses electromagnetic fields to automatically identify and track tags attached to objects. The tags contain electronically-stored information that can be read by RFID readers, allowing for quick and accurate data collection. RFID is commonly used in inventory management, access control, and asset tracking. Its ability to work without direct line of sight makes it a versatile solution across various sectors, improving the efficiency and accuracy of real-time tracking and management of resources.