Strategic Game theory models and commercialization for Nano RFID systems

Nanotechnology enabled RFID (Radio Frequency Identification) has been introduced in recent years but issues regarding their reliability, commerciability and application still needs to be resolved. The current market of Nano RFID is still in embryonic state which will be growing in the upcoming years if these issues are addressed. This paper explores the details of the commerciability of the Nano RFID System for various industrial applications. The formulation for Time for market and Game theoretical approach is modeled for Nano RFID systems. Nano RFID will be a very important tool and its application in Food, Bio and Banking explorations has been proposed in recent years which can be implemented using this proposal. Commercialization of Nano RFID system also depends on the knowledge and implementation of aspects such as device reliability of MEMS antenna and transponders. This idea has been derived from the earlier research done in MEMS reliability, multi scale modeling and modeling using HPC of the setup.