An NFC chip implant allows the safekeeping of the private keys of Bitcoin wallets. What is the best way to manage Bitcoin wallets? We don’t know yet, as all the reflexes that we have towards traditional money don’t apply, and the new ones have not developed yet. That is why experimenting with different ways of using wallets, and dynamically adjust the balance between convenience and security is important. Las week I had an NFC chip implanted in my left hand at Singularity University Summit Europe in Amsterdam. The NFC chip, sold through the aptly named Dangerous Things website, is embedded in a glass vial and is injected under the skin between the thumb and the index finger, safely lodged in plenty of shock absorbing tissue. The operation, performed by Tom Hannes of Piercing Utrecht, was fast, and not too painful. Exporting the private key of a Blockchain wallet, 5KTVg5…, writing it on the implant, and then restoring the wallet from the private key, are the current cumbersome steps that certainly are going to get easier with software supporting better and smoother experiences. This is just one of the applications of the implant which is not approved for human use at this time, and very few people have it. But those who are ready to experiment, are trailblazing for billions of others following with applications that are going to be designing the contours of the future.
Posted on: Sun, 30 Nov 2014 13:01:55 +0000
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