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Digital Tattoos & Biometric Banking

19/10/2014

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The Era Of Widespread Biometric Identification And Microchip
Implants Is Here!


Are you ready to have your veins scanned every time you use
your bank account? Are you ready to use a "digital tattoo" or a
microchip implant to unlock your telephone? Once upon a time we
read about such technologies in science fiction novels, but now
they are here.

The era of widespread biometric identification and
microchip implants is upon us, and it is going to change the way
that we live. Proponents of these new technologies say that they
will make our private information and our bank accounts much more
secure. But there are others that warn that these kinds of "Big
Brother technologies" will set the stage for even more government
intrusion into our lives. In the wrong hands, such technologies
could prove to be an absolute nightmare.

Barclays (UK) has just announced that it is going to become the first
major bank in the western world to use vein scanning technology to
control access to bank accounts.
There will even be a biometric
reader that customers plug into their computers at home ...

www.telegraph.co.uk/finance/newsbysector/banksandfinance/11076624/Forget-your-PIN-Barclays-just-needs-your-veins.html

Vein recognition technology is used by some banks in Japan and
elsewhere at ATM machines, but Barclays said it is the first bank
globally to use it for significant account transactions.

But Barclays is not the only one that is making a big move into
biometric identification.

Alibaba, the giant Chinese online retailer, is integrating
fingerprint scanning into its Alipay Wallet app.


www.alizila.com/alipay-huawei-roll-out-biometric-security-mobile-payments

Cell phone security is another area of great concern these days. If
someone can get a hold of your phone and unlock it, that person
can potentially do all sorts of damage.

So Motorola has developed a "digital tattoo" that will be used to ensure that
only the owner of a phone is able to unlock it
(see video above).
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