RFID's Inventor
Filed in archive RFID Basics by Anita Campbell on June 07, 2004
Walton held four patents on RFID technology and made US$3 Million from them. One of his main inventions is still in use today:
"In his tags, a minute electricalcurrent from a radio transceiver, or reader, wakes up a dormant card and give it enough power to generate a response. A patent search shows his 1973 patent is referenced by 48 later inventions.
``For RFID, this is a pretty darn fundamental patent,'' said Bruce Sunstein, a patent attorney at Bromberg & Sunstein in Boston."
Unfortunately for Walton - but good for the public at large - all the patents have since expired. Walton will not be able to reap financial benefits from the current huge popularity in RFID technology. But the world will benefit from the advancements he made.
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