Tuesday, May 3, 2022

Another Microchip Implant Enters The Market

Another Microchip Implant Enters The Market

 PNW STAFF





A London-based company has developed a new contactless payment system that involves embedding a microchip into a person’s hand.

Tech company Walletmor has developed a new app called Purewrist, which is a digital wallet combined with a microchip that can be installed in your hand. Once the chip is installed, a person can then use the app and chip to make payments to businesses that also use the app.

Walletmore's chip is quite light and is only a bit bigger than a grain of rice and is composed of a microchip and an antenna, which is surrounded by biopolymer. The Chief Executive Officer of the Company, Wojtek Paprota claims that it is entirely safe and also has regulatory approval.

Walletmore has priced the implant procedure at $299 and says the system can be used to make everyday, normal transactions.

“The implant can be used to pay for a drink on the beach in Rio, a coffee in New York, a haircut in Paris – or at your local grocery store,” founder and chief executive Wojtek Paprota said in a statement to the BBC. “It can be used wherever contactless payments are accepted.”

The microchip does not need a battery to function nor does it need any other power source which makes it quite attractive to the users. They have sold more than 500 microchips so far. 

A 2021 survey conducted in the European Union and the United Kingdom came up with the result that at least 51 per cent of people will consider having a chip implanted in their body. 

On the other side of Europe Sweden has been rapidly expanding it's use of microchip technology for quite some time with tens of thousands already microchipped:

Notes and coins now make up less than 1 percent of Sweden's economy which is ironic considering it was the first European country to issue modern banknotes, in 1661.

"No cash accepted" signs are now the norm in shops across Sweden as payments go digital and mobile but many Swedes want to take it to the next level as they blend tech with the human body.

Microchip implants that give people the ability to conduct financial transactions, monitor their health (including vaccination status) and even replace keycards to allow them to enter offices and buildings are the new rage as thousands have already been implanted. 

Many technological enthusiasts believe this is the next logical step in a digital society that is quite happy to give up privacy for convenience. That convenience factor is a big reason commuters on the SJ Rail transit system have traded cash for chips:  

Many Bible Prophecy experts believe each of these steps is taking us closer to global acceptance of a digital "mark" commonly called "The Mark of the Beast" that will merge technology and commerce with political and religious allegiance as described in the Book of Revelation. 

1 comment:

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