When the powers-that-be have linked everyone's information to an online database, what happens the first time some hacker compromises the data? A decentralized system makes it much more difficult for someone to gain unauthorized access to someone's complete personal information profile.
Just a note, VeriChip also recently acquired a patent license for an implantable H1N1 "swine flu" detection microchip.
Novartis and Proteus Biomedical are not the only companies hoping to implant microchips into patients so that their pill-popping habits can be monitored. VeriChip of Delray Beach, Fl., has an even bolder idea: an implanted chip that links to an online database containing all your medical records, credit history and your social security ID.
As this presentation to investors makes clear, the chip and its database could form the basis of a new national identity database lined to Social Security and NationalCreditReport.com.
Just a note, VeriChip also recently acquired a patent license for an implantable H1N1 "swine flu" detection microchip.
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