VeriChip (CHIP), the company that markets a microchip implant that links to your online health records, has acquired Steel Vault (SVUL), a credit monitoring and anti-identity theft company. The combined company will operate under a new name: PositiveID.
The all-stock transaction will leave PositiveID in charge of a burgeoning empire of identity, health and microchip implant businesses that will only encourage its critics. BNET previously noted that some regard the company as part of a prophecy in the Book of Revelation (because the HealthLink chip carries an RFID number that can be used as both money and proof of ID) or as part of President Obama’s secret Nazi plan to enslave America.
The most obvious criticism to be made of the deal is that it potentially allows PositiveID to link or cross-check patient health records (from the HealthLink chip) to people’s credit scores. One assumes that the company will put up firewalls to prevent that. PositiveID CEO Scott Silverman said:
“PositiveID will be the first company of its kind to combine a successful identity security business with one of the world’s first personal health records through our Health Link business. PositiveID will address some of the most important issues affecting our society today with our identification tools and technologies for consumers and businesses.”
Unless, of course, consumers don’t actually want to be implanted with chips, have their health records available over the internet, or have their medical records linked to their credit scores.
By Jim Edwards
Nov 11, 2009
More on microchips:
– CASPIAN RELEASES MICROCHIP CANCER REPORT:
A new paper titled “Microchip-Induced Tumors in Laboratory Rodents and Dogs: A Review of the Literature 1990–2006” has been released…
– Met Police officers to be ‘microchipped’ by top brass in Big Brother style tracking scheme
Every single Metropolitan police officer will be ‘microchipped’….
…there will not be any choice about wearing one.
– U.S. School District to Begin Microchipping Students
So far the RFID chips are only implanted in the schoolbag to monitor the students movements.
– The Microchip: Health, Privacy, Civil Rights And Freedom Under Siege
U.K. to Begin Microchipping Prisoners