Chip
Implants To Avoid Identity Frauds?
There have been some implementations that tend to try to protect identity
like biometrics (retina identification) but they've failed to become widely
available. The latest option available is a chip implant that goes under the
skin and emits radio frequency signals as means of identifying the user. However,
its acceptance will be doubtfully wide-ranging.
Privacy lobbyists and security experts doubt the usefulness and wonder about
the risks that this technology implies. They doubt that it will stop identity
theft completely and fear that the costs in terms of privacy will be too high.
Nevertheless, the development of this technology continues and there have been
presentation of the product all over the world.
How It Works
The chip implant is a highly advanced technology in credit cards and smart
cards . At ID World 2003 in Paris, a US company introduced its rice-grain-sized
chips as a mode of payment in spite of its previous proposal to implant GPS
systems inside people being criticized. However it is said that its pay system,
based on radio frequency identification (RFID) technology, is at best the
only solution to end identity theft.
The chip can contain all kind of logins and passwords, medical information,
building entry codes, bank accounts and thousands of other codes and information.
However, the fears appear when it comes to privacy. What if the information
becomes available to those that should not and they take advantage of the information
or us it in detriment of the owner's interests?
Not So New
RFID tags are becoming popular, especially with those companies that need
to control their stock of products. This device emits a unique identity number
when scanned by a radio frequency reader which in turn gives a signal to activate
and power the tag. Some stores even use it to replace code bar readers and
cashiers. The customer just walks out the door, the reader checks the products
that the customer picked and debits the amount from his bank account.
As to medical uses, recently thirty patients were implanted with RFID chips
in to allow instant access to their medical records. And as regards animal
uses, "sub-dermal" tags have been used to track pets and livestock for over
10 years. So, it can be said that the technology is not at all new. However,
it is being improved and more and more information can be stored.
Other Uses
This tag mechanism has also been used for wireless credit card payment. At
many stores, especially those with many clients where timing is of the essence,
the system is used to hasten the payment transaction. Gas stations are an excellent
example of this. Also some cities with subways where timing is an important
issue, the passenger holding a special card in his wallet doesn't even have
to pass it, he just walks by and the mechanism reads the card, charges it and
allows the passenger to access the subway.
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Mary Wise, a professional consultant with twenty years in the financial
field, helps people in the process of securing personal loans, mortgage,
refinance or consolidation loans and preventing consumers from falling
into the hands of fraudulent lenders. You will find more useful tips
and interesting articles on this subject and other financial related
topics by visiting her Website .
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