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That system is known as "Active" RFID because it uses tags that have batteries and constantly beacon. The most popular form of Asset Tracking using RFID is "passive" RFID using ISO Standard 18000-6c. The Financial Services Technology Consortium created a standard for tracking assets at bank locations see www.FSTC.org.
Asset location tracking software often takes one of two approaches to monitoring asset locations. The first approach is to use a physical tracking device to provide data on physical location. This can take the form of a Bluetooth tracking beacon or a GPS tracking unit. The second approach is to track a location by the "responsible party".
One use of beacons is as a "key finder" where a beacon is attached to, for example, a keyring and a smartphone app can be used to track the last time the device came in range. Another similar use is to track pets, objects (e.g. baggage) or people. The precision and range of BLE doesn't match GPS, but beacons are significantly less expensive.
Asset tracking apps for smart devices had been used as a means of personal tracking and rescues. For example, Find My iPhone is an app and service provided by Apple; it was used in rescuing a missing person in deep ravine from a car accident [ 3 ] after other attempts failed.
A GPS tracking unit, geotracking unit, satellite tracking unit, or simply tracker is a navigation device normally on a vehicle, asset, person or animal that uses satellite navigation to determine its movement and determine its WGS84 UTM geographic position (geotracking) to determine its location. [1]
aid in process improvement efforts by automatically tracking and time stamping the progress of people or assets through a process, such as following a patient's emergency room wait time, time spent in the operating room, and total time until discharge
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