Editorial

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Dutch entrepreneur injects bitcoin wallet under his skin

A dutch crypto-currency fanatic has implanted two NFC tags under the skin in his hands to store his digital cash.

31 11 November 2014 5 comments

Dutch entrepreneur injects bitcoin wallet under his skin

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Martijn Wismeijer, who runs a company called MrBitco.in in his native Amsterdam, had the implants installed during a 'biohacking' session in the basement of the old Prodent Toothpaste factory organized by Permanent Beta.

The xNTi injection kit, which retails for $99 on the Dangerous Things website, consists of a fully NFC Type 2 compliant RFID chipset encased in 2 pre-loaded biocompatible glass casings. The tags can scanned by NFC compliant reader/writer devices including USB devices and all NFC capable mobile phones.

The injection kit was designed by Dangerous Things and its production was successfully crowdfunded via an Indiegogo campaign.

In the accompanying video of the procedure, Wismeijer states: "These NFC tags can be used for a variety of purposes but at MrBitco.in we like to see them as subdermal Bitcoin Wallets that enables one to securely store digital cash under one's skin."

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Comments: (5)

Brett King CEO & Founder at Moven

11 November 2014

This is not entirely new ;)

http://news.bbc.co.uk/2/hi/technology/3697940.stm

2 Likes

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Hitesh Thakkar Technology Evangelist (Financial Technology) at SME - Fintech startups (APAC and Africa)

11 November 2014

Thanks Bratt for sharing link and opening more possibilities of such tags. I can imagine tagging a cloth with such tag and reader on my washing machine and we have IoT in action :)

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A Finextra member

12 November 2014

Soon muggers will carry wire cutters so that they can cut off the thumb or other body part where the "wallet" is stored

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A Finextra member

12 November 2014

They don't need physical access to the chip - it communicates via radio signals. Next step is to wear aluminium gloves that blocks radio waves..

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Hitesh Thakkar Technology Evangelist (Financial Technology) at SME - Fintech startups (APAC and Africa)

12 November 2014

Finextra Member,

There is already 'AntiChip' campaign started against VeriChip - NFC tag manufacturer (http://www.antichips.com/default.htm) but, I would like mention that, muggers are known for cutting body parts or even killing with card base transactions - specially in African region.

My own Boss was mugged in 2008 ( we feel he was drugged also to make him unconcious for an hour or so) in Hong Kong , they stole all things except his clothes even though he did not carry any cards only cash.

but, my personal view is to educate and create awerness on its purpose to build value out of such such tags.

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