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An American tech company is planning to offer the option of implanting microchips on it employees. The rice-sized implant will be installed in the employees' hands for free.
The implant will help in opening of a door without a key in the office and employees can buy food without a credit card, cash or even a smartphone.
The Wisconsin technology company named Three Square Market which offers this technology for break room or micro markets has stated that over 50 people have signed up for the chip implant. The company is expected to start the chip injection process from August 1. The chip can be easily be inserted between the thumb and the forefinger within seconds.
"It's the next thing that's inevitably going to happen, and we want to be a part of it," Three Square Market Chief Executive Officer Todd Westby said.
Three Square Market will collaborate with a Swedish company BioHax International, which is already experienced at "chipping" its employees.
The chip which is designed to use the Radio Frequency Identification Technology works with the electromagnetic field to identify electronically stored information. The employees can access the information with a simple hand wave.