RFID technology includes a network of system software, microchip transponders and the readers. Each transponder is called a tag and they are included with an integrated antenna and a circuit. A unique electronic product code is there on the integrated circuit. RFID technology was primarily invented for the military at the time of World War II. Then it got extended into the field of medical, retail, automotive, education, fast food, defense, travel industries etc. In order to get more information about the RFID chip timing Memphis Tennessee, you may research a bit on the Internet.