Implantable Bitcoin Wallets: Store Your Cryptocurrency Under Your Skin

Implantable Bitcoin Wallets: Store Your Cryptocurrency Under Your Skin

Reinout te Brake | 11 Jul 2024 05:48 UTC

The Next Frontier in crypto Security: Subdermal Wallets

The idea of misplacing or having a crypto wallet with valuable bitcoin, ethereum, or the newest meme coin stolen is enough to keep any investor up at night. However, a company based in Seattle offers a groundbreaking solution that could keep your digital currencies close—literally.

Cryptocurrency wallets have been an essential, albeit often exasperating, element of the digital asset ecosystem since their inception. They come in a multitude of forms, from desktop applications and browser plugins to gadgets the size of credit cards and even USB flash drives. Enter the apex of innovation: the pill-sized Apex wallet that resides under your skin.

A New Era of Wallet Security

"These aren’t your average hardware wallets," explains the founder and CEO of VivoKey Technologies and Dangerous Things. Instead of functioning solely through an app interface devoid of private keys, the crucial signing of transactions, whether bitcoin or other cryptocurrencies, occurs in the chip implanted beneath your skin.

This cutting-edge approach belongs to the world of biohacking, a field dedicated to extending life spans and utilizing technologies like brain-computer interfaces (BCI) to interact with computers. Now, biohackers worldwide, whether they're deep into research or simply tech aficionados, are beginning to see the value of subdermal computer chip implants.

These subdermal chips, particularly the Apex model, are versatile tools capable of storing bitcoin, unlocking doors, or even making payment for a morning coffee effortless. "Currently, we offer support for various bitcoin and cryptocurrency wallets," added the CEO, highlighting the inclusivity of blockchain technologies the chips are compatible with.

Custom Technology Engineered for the Human Body

Founded in 2013 and 2017, respectively, Dangerous Things and VivoKey specialize in refining near-field communication (NFC) and radio frequency identification (RFID) technologies for human implantation. These advancements allow for a seamless, almost natural integration with everyday technology.

Describing the current "Flex" model of the Apex chip, the CEO illustrates, "It's a broader, yet incredibly thin device, inserted under the skin via a needle. Following the procedure, with sterile precautions, the Apex Flex is slid into place, merging technology with biology."

Such an advanced implant comes with its price tag, retailing at $349. However, the value speaks for its cost, especially given the meticulous manufacturing and safety processes each device undergoes before it reaches the consumer.

Overcoming Challenges and Looking to the Future

Initiating this transhumanist innovation wasn't without its hurdles. Finding customers, mainly through word-of-mouth and media exposure, and managing production costs for small quantities of specialized materials presented significant challenges in the early days.

However, the inherent convenience and security of having a crypto wallet that's literally a part of you have convinced many. "People comprehend the upfront expense," says the CEO, emphasizing the long-term value and safety provided by the implant.

The process of getting one is quick, detailed chiefly by preparation and aftercare. This minor inconvenience pales compared to the security and ease of use offered by the Apex chip. Not only for the tech-savvy, but notable futurists and entrepreneurs have also embraced this futuristic approach to asset management.

Despite the intrigue, a certain hesitance towards the adoption of RFID technology persists, often stemming from misconceptions about use cases or fears concerning privacy. "It's not about tracking; if it were, our phones would be the first to go," he argues, addressing the baseless fears head-on. The utility, in this case, securing digital assets seamlessly, far outweighs the unfounded concerns.

In conclusion, what might have seemed a plot point in a sci-fi novel is now a vivid reality. The threshold between technology and humanity blurs further, illustrating not just an evolution in the way we interact with digital currencies, but also a profound step forward in how we envision our future selves in an increasingly digitized world. This transcendence towards a symbiotic relationship with technology represents not just a leap in biohacking, but a fundamentally new approach to personal security in the digital age.

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