Dutch bitcoin entrepreneur, Martijn Wismeijer, has had two microchips containing the virtual currency injected into his hands, AFP reported on November 12, 2014. The chips are enclosed in a 2mm by 12mm capsule of "biocompatible" glass. They were injected by a professional, utilizing special syringe. The chips are meant to allow their carrier to serve as a “virtual wallet,” enabling him to make contactless payments.
RFID (radio-frequency identification) chips emit radio signals, using Near Field Communication (NFC). Each microchip can store up to 888 bits of information. Besides storing bitcoins, along with a smartphone, the chips can be programmed to perform other tasks. For example, they can be used to open doors electronically or turn off an alarm clock.
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