“Matthew Cossolotto, a spokesman for ADS who says he’s been “chipped,” argues that competing proposals to embed RFID tags in key fobs or cards were flawed. “If you lose the RFID key fob or if it’s stolen, someone else could use it and have access to your important accounts,” Cossolotto said. “VeriPay solves that problem. It’s subdermal and very difficult to lose. You don’t leave it sitting in the backseat of the taxi.””
Sorry for the editorializing, but widespread identification implants still strikes RFID News as unnerving. This technology seems appropriate for the penal system, intelligence agencies and defense contractors, not a consumer financial trasaction aid. There are a number of adequate means of identification that do not require surgery.