Monday, June 8, 2015

Cashless Society ushered in by new VISA partnership

Via Cousin John


Smart devices are everywhere. In your hand, on your walls, on your desktop, in our cars... But what about inside our bodies? IBM planted a seed years ago with this commercial... A shady looking young man perusing a grocery store as cameras and a beefy security guard looked on. Rather than arrest the young man for shoplifting... The officer says, “you forgot your receipt.” https://www.youtube.com/watch?v=QyRth...

Just a few years later, Scott Silverman, the CEO of Applied digital Solutions appeared on NBC news to present his company's new technology to the world.

A tiny RFID microchip about the size of a grain of rice. However at the time the public wasn't ready to accept the device and Verichip was bought out and the technology became the interest of hobbyists and technophiles.

Today there are countless accounts of young people voluntarily receiving the chip as an injection. One such man partnered the device with Bitcoin and became a walking talking eWallet.

Now VISA is dipping its toes in the water by partnering with the University of Technology Sydney.

More @ You Tube

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