NFC or Near Field Communications technology is a smart wireless technology that allows you to connect with devices around you seamlessly with a single touch. Most commonly seen in use during transactions, and exchange of digital information, NFC uses high frequency, short-range RFID technology to transfer communication between two compatible devices. This technology is today available in a wide range of devices like smartphones, smartwatches, contactless cards, and much more. NFC tags are used extensively in tracking and tracing products across the supply chain in multiple industries. Each tag offers a unique identity to every asset, thereby allowing its traceability throughout the product lifecycle.