Personal chips get under your skin
In most respects it’s an everyday picture. A waiter stands by a young couple in a coffee bar with a handheld terminal, ready to take a routine digital payment. The man raises his wrist to the machine. But he’s not wearing a smartwatch or offering a contactless card. He’s completing the transaction using a microchip that sits permanently beneath the skin on his hand. “I believe that one day implants will be as popular as payment cards,” says Wojciech Paprota, founder of London-based tech start-up Walletmor, who claims to have created the world’s first microchip implant for contactless payments. For the man buying the coffee, the benefits of such technology are seemingly limitless. “Unlike a standard payment card,” says Paprota, “it cannot end up in the wrong hands. It will not fall out of…