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RFID tag with environmental sensor

  • US 9,030,295 B2
  • Filed: 02/21/2013
  • Issued: 05/12/2015
  • Est. Priority Date: 02/21/2013
  • Status: Expired due to Fees
First Claim
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1. A method for controlling pricing of a product, the method comprising:

  • attaching a radio frequency identification (RFID) tag having at least one processor to a monitored product;

    measuring a value indicative of a degree of exposure to an environmental condition using the RFID tag;

    the at least one processor comparing the measured value of the environmental condition with a predetermined value range stored on the RFID tag wherein the RFID tag comprises an environmental sensor configured to measure exposure to the environmental condition;

    generating a price value based on the degree of exposure to the environmental condition using the at least one processor on the RFID tag, the price value includes comparing the predetermined value range with recorded environmental data, the price value further including comparison of the degree of exposure to the environmental condition and predetermined upper and lower threshold limits stored on the RFID tag; and

    adjusting a price of the monitored product based on the price value using the at least one processor when the result of the comparison falls outside the predetermined value range.

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