There has been some news that implanting RFID chips under human or animal skin can cause tumours to develop. Although this information has not yet been proven, the news already has had an impact on the business. The leading producer of RFID chips – VeriChip reported a significant drop of it’s stock from 6$ a share to 3,5$.
This is another obstacle for the RFID chip market. The technology will have to face not only an attack from those of us concerned about privacy or moral issues, but now answer an even more significant question – can the chip cause harm to it’s potential users?
Posted by Jon Scirocco