The microchip is about the size of a grain of rice and usually inserted in the webbing between the thumb and forefinger using a needle the same thickness as used in body piercing.
The current models of microchip are not much more sophisticated than those that have been embedded in the neck of most household pets for more than two decades [but] developers are working on a model that will be able to hold more than one number, meaning the same card can be used to hold multiple access codes and on a chip that has the level of encryption required to be able to handle payments.
“If you could use it for everywhere, so work, home, gym and only need one chip, that kind of gives people more incentive to get one,” Heffernan says. “Payments are the killer application. As soon as you can pay with it, more and more people will go ahead and get these.
Credit to Skywatchtv.com
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