US Tech Company to Microchip employees under the skin using a syringe shot

News Image

MG News | July 26, 2017 at 03:25 PM GMT+05:00

0:00

A tech company in Wisconsin will become the first ever to microchip its employees.

Three Square Market is offering to implant the radio-frequency identification (RFID) chip which is the same size as a rice grain, into all employees hands for free during a ‘chip party’ on August 1, BBC reported.

The program is optional and the company says at least 50 staff members have already signed up to be voluntarily chipped between the thumb and forefinger underneath the skin.

What is the point of this? According to the company, the chips will allow employees to pay for food, drink in the company's break room, open doors, login to computers and use the copy machine all with the use of just one finger.

Employees will also be able to share business cards, unlock phones, and store and share health details.

The chips will use so-called near-field communications – or NFC – which is the same technology used in contactless credit cards and mobile payments, The Independent reported.

The company builds and manages break room vending machine systems that utilize kiosks and software for purchases.

The company's chief operating officer, Patrick McMullan, believes that soon everyone will want to microchip themselves.

"The international market place is wide open and we believe that the future trajectory of total market share is going to be driven by whoever captures this arena first," McMullan said.

The people behind this program said that they got inspired by a micro-chipping program that is already happening in Sweden where "bio-hackers" have been inserting the tiny devices into willing participants for at least three years, BBC reported.

Although, the trend might be catching up in the technology market, fears regarding security and privacy are not surging down anytime soon.

Out of 85 employees at the company s head office, 50 have come forward, vice-president of international development Tony Danna told the BBC.

Employees are concerned about being monitored and tracked with the chip being used for surveillance purposes however, the company clarified that the chip does not contain GPS tracking system.

While addressing concerns regarding the installing procedure, Danna said that it takes two seconds to install the chip and also two seconds to pull it out, like getting a shot using a syringe.

Related News

Name Price/Vol %Chg/NChg
KSE100 155,384.51
274.67M
0.61%
944.82
ALLSHR 95,133.57
856.28M
0.49%
465.41
KSE30 47,466.99
137.10M
0.74%
347.09
KMI30 227,645.22
99.71M
0.67%
1519.50
KMIALLSHR 63,888.06
353.11M
0.50%
319.01
BKTi 41,761.78
72.20M
0.33%
138.95
OGTi 31,619.14
7.57M
0.41%
130.35
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 115,220.00 117,240.00
114,940.00
-2045.00
-1.74%
BRENT CRUDE 67.14 67.52
66.78
0.15
0.22%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-1.20
-1.41%
ROTTERDAM COAL MONTHLY 93.00 0.00
0.00
0.05
0.05%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 62.90 63.24
62.52
0.21
0.34%
SUGAR #11 WORLD 15.90 15.98
15.80
0.11
0.70%

Chart of the Day


Latest News
September 15, 2025 at 05:53 PM GMT+05:00

Gold price in Pakistan remain unchanged


September 15, 2025 at 05:47 PM GMT+05:00

PIBTL swings to loss in FY25


September 15, 2025 at 05:30 PM GMT+05:00

KAPCO reports significant profit decline in FY25



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg