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They can also eventually use it for holding ALL your records - personal, financial, medical, recreational - and eventually use it instead of "credit/debit/smart cards" which can to be stolen or lost. You will not even need to carry a wallet, everything can be done through that "implanted chip". All purchasing and buying by manufacturers, wholesalers, and consumers can be done through this "Chip Implant". What a wonderful idea...... ISN'T IT?

"And he (the false prophet) forced everyone,small and great,rich and poor, free and slave, to receive a mark (Chip?) IN their right hand or IN their forehead, so that no one could buy or sell uless he had the mark, which is the name of the beast, or the number of his name. This calls for wisdom. IF anyone has insight, let him calculate the number of the beast, for it is the number of a man. The number is "666".

..And an angel of God said with a loud voice, "If anyone worships the beast, and his image and receives his mark IN the forehead or right hand, that person, too, will drink of the wine of God's fury, which has been poured full strength into the cup of his wrath. That person will be tormented with burning sulfur in the presence of the holy angels and of "The Lamb". And the smoke of their torment rises forever and ever. There is no rest day or night for those who worship the beast an his image, or for anyone who receives the mark of his name."

D O N ' T * T A K E * T H E * M A R K ! !

Reducing financial fraud. In this scenario, people could use their chip to withdraw money from ATMs; their accounts could not be accessed unless they were physically present.

Not exactly. Instead of stealing wallets, I can see some muggers chopping arms off.

Does anyone have any intel on the founders/investors/promoters of this thing? Something like photographs, locations etc?