Having object related data directly embedded into respective objects provides tremendous improvements in terms of availability, pedigree control, data management, tracking and tracing, production-, sale- and maintenance control, etc. Today so called RFID labels are used to achieve such improvements in certain applications. From the electrical point of view those RFID labels consist of a single chip which is connected to an external antenna where the connection technology and the antenna are contributing reasonable extra product cost and reliability risk. To make those improvements available and economically viable for many more applications and object categories, in a new generation object related data shall be stored on just a chip which also incorporates the necessary antenna to receive operating power and to receive and transmit data. In that case the whole RFID device is just as big as a small grain and does not need any further components and processing. For several applications smart data grains could easily be embedded into paper used for documents or tickets or special paper used for passports, banknotes or vignettes to provide e.g. pedigree information which easily can be verified by owners and authorities. In some cases a high amount of data needs to be stored and transmitted in a reasonable transaction time. Therefore and due to the usage of an integrated antenna, completely new embedded transaction technologies need to be investigated, which allow data rates several decades higher than used today and which allow the integration of the antenna into tiny chips (smart data grains). The same technology could be used for inter chip communication without the need of any galvanic connection (bonding) for the communication signals. In future applications we expect that those embedded smart data grains will support additional functionalities like physical parameter monitoring of objects and its ambience like temperature, pressure, humidity etc. which will become very attractive for additional new applications like e.g. home automation, safety surveillance, medical monitoring, food and pharmaceutical logistics, etc.