Due to the attention given to RFID for supply chain compliance, companies often lose sight of the fact that RFID can play an integral role in improving the efficiency of many day-to-day manufacturing ...

Figure 1. A closed-circuit cooler. Photos courtesy of Evapco. It’s a common question during the early design phase of large mechanical systems: Is open- or closed-loop cooling equipment better suited ...

An ecosystem-specific digital payment system called a "closed-loop wallet" enables consumers to make purchases solely from one brand, retailer, or service provider. Users can add money to their ...

1. Close-loop wallet for merchants - An exclusive digital payment system for transactions within a specified ecosystem, such as a specific brand, store, or service provider, is referred to as a closed ...