The Electronic Product Code (EPC) is a family of coding schemes created as an eventual successor to the bar code. The EPC was created as a low-cost method of tracking goods using RFID technology. It is designed to meet the needs of various industries, while guaranteeing uniqueness for all EPC-compliant tags. EPC tags were designed to identify each item manufactured, as opposed to just the manufacturer and class of products, as bar codes do today. The EPC accommodates existing coding schemes and defines new schemes where necessary. The EPC was the creation of the MIT Auto-ID Center, a consortium of over 120 global corporations and university labs. The EPC system is currently managed by EPCglobal, Inc., a subsidiary of GS1, creators of the UPC barcode. The Electronic Product Code promises to become the standard for global RFID usage, and a core element of the proposed EPCglobal Network.
Source: Wikipedia
URL: http://en.wikipedia.org/wiki/Electronic_Product_Code