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The Verichip is the world's first impantable radio frequency identification (RFID) microchip for human use.
The Verichip is about the size of a grain of rice and each Verichip contains a unique verification number, which can be used to access a subscriber-supplied database over the internet providing the implanted person's information regardless of where they are or what they are doing.
And unlike typical forms of indentifaction, the Verichip cannot be lost, stolen, misplaced or counterfeited.
Once implanted just under the skin ... the Verichip can be scanned when necessary with a proprietary Verichip scanner ...
The Verichip itself contains no medical records, just codes that can be scanned and revealed in a doctor's hospital. With that code, health providers can unlock part of a secure database that holds that person's medical information including allergies and previous treatments. The electronic database, not the chip, would be updated with each medical visit.
It seems as though Applied Digital Solutions is also pushing use of the chip for emergency and security applications to "enhance present forms of ID"
Because the Verichip is invisible, its also unclear how health care workers would know which unconscious patients to scan. Company officials say that if the chip's use becomes routine, scanning people's arms for hidden chips would become second nature at hospitals.
Is the Verichip designed for cash and credit transactions? Will we be unable to buy and sell without the verichip in the near future ?
Yes, its possible. The verichip is defigned using subdermal RFID technology for cash and credit transactions.
The idea is that a consumer is simply a number, this makes it easier for us to spend our money from place to place without too much hindrance ...
Is it true that a Veripay program exists to eventually replace credit cards and cash ?
Yes, Veripay is intended to be a secure, subdermal RFID payment technology for cash and credit transactions.