Tech Dirt says there’s been a lot of hype lately about various attempts to add Paypass/FastPass/EZPass/SpeedPass/SomethingPass RFID-style payment technology to mobile phones.
About the size of a grain of rice, the VeriChip contains a unique verification number that is captured by briefly passing near a proprietary scanner.
Now Applied Digital, makers of VeriChip are trying to go a bit further by claiming they’ll let you embed such a wireless payment solution in your arm.
As the article suggest, I would guess that many folks would be a bit squeamish about letting that happen. More importantly, though, it probably makes sense to hold off on believing Applied Digital’s claims until they show a little more proof. This is the company, after all, that got in trouble for announcing FDA approval they didn’t have and then broke the few rules the FDA did give them.It’s also the company that sued their own creditors when they came looking to collect on the debt owed to them. If people really want to go so far as to implant their wallet in their arms, more power to them, but it certainly seems a bit premature at this point.
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